Lafargeholcim

LafargeHolcim's CEO Jan Jenisch, appointed in 2017, is planning to return to his former stomping ground, as he was the earlier associated with chemical and roofing-membrane maker Sika AG.

Ambuja Cements, ACC to invest Rs 780 crore to reduce carbon dioxide emissions

The development comes close on the heels of parent company LafargeHolcim signing the Net Zero Pledge with 2030 science-based targets during the Climate Week held in September 2020, as per the statement.

LafargeHolcim’s conviction on India’s cement sector augurs well for ACC-Ambuja combine

The recent reshuffle in the top echelons of both companies signals that the parent is serious about sharpening its India focus and reining in costs

LafargeHolcim completes sale of $1.75 billion Indonesian unit

LafargeHolcim said last year it wanted to raise around 2 billion Swiss francs ($2.01 billion) from selling assets and could leave two or three countries to concentrate on the United States, Latin America, India and Africa.

LafargeHolcim poaches Essilor's finance chief

Picaud will take over on February 1 at the company created by the merger of France's Lafarge and Switzerland's Holcim two years ago.

Ambuja Cement Q4 net profit jumps 85% to Rs 206 crore

Ambuja Cement today reported a 85.24 percent increase in its consolidated net profit of Rs 205.70 crore for the fourth quarter ended December 30, 2016.

LafargeHolcim hikes stake in Ambuja Cement, ACC

As per data available on the BSE, as on September 30, Holderind Investments Ltd held 61.62 percent stake in Ambuja Cements and 0.29 percent stake in ACC Ltd.

Lafarge deal to be the ticket to Nirma's cement ambitions

Ahmedabad-headquartered soda ash and chemicals maker Nirma has been striving to firm up its base in the cement business without much success and the Lafarge deal, though expensive, proves to be a strategic fit in scaling up its capacity significantly from 2 million tonnes currently, experts say.

Nirma to raise Rs 4k cr to fund Lafarge buy; ropes in bankers

Earlier in the day, Swiss cement giant LafargeHolcim announced it has entered into an agreement to sell its assets in Lafarge India to Nirma for USD 1.4 billion, or about Rs 9,400 crore.

MMDR Amendment: LafargeHolcim likely to revive Birla Corp deal

Post Rajya Sabha's nod to the proposed MMDR Amendment Bill, LafargeHolcim that had called off the agreement owing to the delay in amendments, is expected to revive its deal with Birla Corp, sources say.

JSW, Blackstone submit bids for LafargeHolcim's cement assets

In February, Swiss cement giant LafargeHolcim said it has got fair trade regulator CCI's approval for a new divestment plan for its India business.

LafargeHolcim to benefit from govt's infra spending: Moody's

LafargeHolcim is best placed European player to benefit from the uneven regional demand, with a much larger scale and more prominent operations in northern India, where it sells almost 42 percent of its local cement volume, Moody's said.

Philips names Abhijit Bhattacharya as CFO

Abhijit Bhattacharya, an Indian national, was the top financial manager at Philips' lighting division, which is being carved out into a separate company. He had also been overseeing the separation project.