
Fairfax withdraw bid for PPC
Canadian company, Fairfax Africa Investments, has withdrawn its offer for a partial stake in PPC, effectively ending the chances of a merger between South Africa’s two largest cement makers, PPC and AfriSam.
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Canadian company, Fairfax Africa Investments, has withdrawn its offer for a partial stake in PPC, effectively ending the chances of a merger between South Africa’s two largest cement makers, PPC and AfriSam.

The construction sector should be at the centre of regulatory efforts to mitigate global carbon emissions, argues Bernard Mathieu of LafargeHolcim.

LafargeHolcim’s Colombian subsidiary has been recognised for its promotion of the benefits of recycling and coprocessing waste.

Holcim México, a member of LafargeHolcim Group, has been ranked among the top Mexican companies for anti-corruption practices by Mexico’s leading business magazine.

Lafarge Africa Plc has partnered with Canaancity Consortium, which is developing a number of estates in Nigeria, to offer construction-related health and safety training.

Three workers died in a fire in a fuel tank at Lafarge Malaysia’s Rawang cement plant.

LafargeHolcim’s Asia Pacific business saw earnings fall on a like-for-like basis in 3Q17, despite a positive performance in India.

Holcim Philippines has reiterated its commitment to expanding in Davao plant in the Philippines, despite the challenging market conditions in the company.

Quarterly earnings fell in 3Q17, continuing a tough year for the cement maker amid challenging market conditions.

LafargeHolcim’s new CEO has announced a strategic review of the company’s business to focus on simplification of the building materials giant, as well as cost reduction.

LafargeHolcim reported a solid rise in like-for-like cement sales in 3Q17, while earnings benefitted from growth in the Americas and Europe.

LafargeHolcim has become the latest big-name cement maker to be linked with South Africa’s largest cement maker, PPC.