Holcim and HeidelbergCement to form joint venture for Cement Australia

Holcim plans to sell 25% of Cement Australia to HeidelbergCement, creating a 50/50 joint venture. Cement Australia operates two cement plants and a grinding station with total annual capacity of 4.2 million tonnes, plus a new grinding station in Port Kembla (1.1 million tonnes) coming on stream in 2013.

“Holcim and HeidelbergCement intend to balance their respective interests in Cement Australia and to operate the company as a joint venture.”holcim.com

• 1 source
• holcim.comHolcim and HeidelbergCement intend joint control of Cement AustraliaFeb 7, 2022

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