LafargeHolcim Group

ACC and Ambuja Cement, LafargeHolcim's Indian subsidiaries, have decided not to proceed with a merger but will instead work on an arrangement for mutual purchase and sale of materials and services. The proposal will go to shareholders for approval.

ACC Ltd and Ambuja Cements Ltd, both controlled by LafargeHolcim, announced they are putting their proposed merger on hold due to constraints related to transfer of mines under current laws.

ACC and Ambuja Cements (ACL) dropped plans to merge due to constraints in transferring mining assets across 18-20 states. The merger, proposed in May 2017, would have created a combined capacity of 63 million tons.

thyssenkrupp has won a contract from LafargeHolcim to supply a 3,500 tpd clinker line for a new plant in Souss Massa, Morocco, including engineering, procurement and construction. The plant is scheduled for start-up in the first half of 2020.

LafargeHolcim's subsidiary Ambuja Cement will build a new cement plant in Marwar Mundawa, Rajasthan, India, with a clinker capacity of 3.1 million tonnes per annum. The CHF200 million investment is due for commissioning in the second half of 2020.

AUMUND Fördertechnik GmbH and AUMUND France S.A.R.L. have been awarded a contract to supply equipment for the modernisation of LafargeHolcim's Martres-Tolosane cement plant in France, part of a €100 million investment. Work will start in Q4 2018 and be completed by mid-2020.

Lafarge Surma Cement's board approved the acquisition of 100% shares of Holcim Cement Bangladesh from LafargeHolcim Group, creating a combined production capacity of 4.2 million tonnes.

CILAS, a joint venture between Souakri Group and LafargeHolcim, inaugurated a new cement plant in Biskra, Algeria on October 17, 2017. The plant has a capacity of 2.7 million tonnes per year and represents an investment of DZD 35 billion (USD 305 million).

CBI Ghana broke ground on a $55 million cement grinding plant in the Tema Free Zones enclave near Accra, Ghana, to produce Supacem cement for the construction industry.

Holcim (Rus), part of LafargeHolcim, started a new clinker production line at its cement plant in Volsk, Russia, on August 11, 2017. The investment of 18 billion rubles includes a new semi-wet process line with a capacity of 4,500 tonnes of cement per day, making the plant more environmentally friendly.

LafargeHolcim has entered into a letter agreement to sell its Indian operations, Lafarge India, to Indian conglomerate Nirma for $1.4 billion, including debt. The deal includes three cement plants and two processing facilities, and is subject to approval by India's competition commission.

The Odisha state government approved a new cement grinding plant by Ambuja Cements in Jharsuguda, India, with an investment of INR 4.3 billion ($66.43 million), expected to create 300 jobs.

LafargeHolcim's Holcim Ada plant in Ada, Oklahoma, completed a three-year modernisation project, increasing cement capacity by 20% to 682,000tpa. The investment included a new kiln line and maintained 120 permanent jobs.

The Board of Directors of ACC decided to commence an evaluation of a potential merger with Ambuja Cement. Both companies are part of the LafargeHolcim group. No decision to merge has been taken yet.

ACC Limited and Ambuja Cements, both Indian units of LafargeHolcim, have decided to explore a possible merger. If completed, the combined entity would become the second-largest cement manufacturer in India with a production capacity of 63 million tonnes per annum.

ACC Ltd and Ambuja Cements Ltd, both part of LafargeHolcim Group, have agreed to start evaluating a potential merger to combine their strengths.

LafargeHolcim Maroc is set to inaugurate its first cement grinding station in Laayoune, Morocco, to support infrastructure and housing projects in the southern region.

Beumer Group will deliver four high-capacity belt bucket elevators to LafargeHolcim's Kujawy cement plant in Poland, as part of a project to improve cement blend production. The systems will go into operation at the end of 2017.

LafargeHolcim, through its subsidiary Cimencam, has launched construction of a new cement plant in Nomayos, near Yaoundé, Cameroon. The plant will have a capacity of 0.5 million tpy and represents an investment of approximately US$47.1 million.

Siam City Cement Public Co Ltd announced it will rename Holcim Vietnam Co into Siam City Cement Vietnam, following its August 2016 agreement to buy LafargeHolcim's 65% stake in LafargeHolcim Vietnam for $890 million.

Holcim Aggregati Calcestruzzi, part of LafargeHolcim, and Colabeton are seeking to merge their concrete businesses in northern Italy into a new jointly-owned company with equal share capital and board seats. The merger has been referred to the ECB and Italian authorities, with a final decision expected by end of 2017.

LafargeHolcim signed an agreement to sell its interest in Holcim Lanka to Siam City Cement for an enterprise value of $400 million. Holcim Lanka operates an integrated plant and a grinding plant in Sri Lanka.

Hima Cement Limited began construction of a cement grinding station in Nyakesi, Rubongi, Tororo, Eastern Uganda, as part of a $40 million capacity expansion. The project will add 1 million metric tons of cement capacity, bringing total capacity to 1.9 million metric tons per year.

Hima Cement broke ground on a $40 million grinding station in Tororo, Uganda, scheduled to commence production in Q1 2018. The plant will increase capacity from 0.9 million to 1.9 million metric tons per year.

SigmaRoc conditionally agreed to acquire Ronez Ltd, a subsidiary of Aggregate Industries (part of LafargeHolcim), for £45 million in cash. The acquisition is expected to complete on 5 January 2017.

Lafarge Surma Cement's subsidiary Lafarge Umiam Mining has received environmental clearance from the Indian government to more than double its limestone production capacity to 5.5 million tonnes per annum at the Ngntrai mine in Meghalaya.

LafargeHolcim's subsidiary Holderind Investments increased its stake in Indian cement firms Ambuja Cement and ACC Ltd for around $317 million.

Lafarge Surma Cement Limited announced it has started discussions with LafargeHolcim Group to explore merging with Holcim Cement (Bangladesh) Ltd. No decision has been made yet and there is no guarantee a transaction will occur.

LafargeHolcim has reached an agreement with Nirma Group to sell Lafarge India for US$1.4 billion, including assets such as cement plants.

Glenwood Private Equity has signed a deal to acquire Lafarge Halla Cement Corp. from LafargeHolcim Ltd. for approximately KRW630 billion (US$542 million).