HOLCIM

Holcim to exit the Russian market

The Holcim Board of Directors has decided to initiate the process to exit the Russian market in line with the company’s values to operate in the most responsible manner. This decision to divest the Russian business follows Holcim’s previous announcement to suspend all capital investments in the market.

The Board expresses its heartfelt concern about the tragic human suffering unfolding across the region and is fully committed to supporting affected people, families and communities.

The Board thanks all Holcim colleagues who are mobilizing around the world alongside local NGOs to provide shelter, essential goods and medical supplies, as well as volunteering their time.

www.holcim.com

Related articles:

Issue 11/2016 SCHENCK PROCESS EUROPE GMBH

Two Russian cement works converted to Smart Factory standard

The innovative dispatch automation system LOGiQ from Schenck Process is continuing its success story. In recent weeks, the Darmstadt-based specialist in measuring and process technology has...

more
Issue 6/2019

... as well as in the Philippines

LafargeHolcim has signed an agreement with San Miguel Corporation for the divestment of its entire 85.7 % shareholding in Holcim Philippines Inc. for an enterprise value of US$ 2.15 billion, on a 100...

more
Issue 6/2019 LAFARGEHOLCIM

LafargeHolcim divests activities in Malaysia and Singapore ...

LafargeHolcim has signed an agreement with YTL Cement Berhad for the divestment of its entire 51 % shareholding in Lafarge Malaysia Berhad for a consideration of US$ 396 million fully payable in cash,...

more
Issue 11/2014 ONESTONE CONSULTING S.L.

Cement development in the Customs Union

1 Introduction In May 2014 the Presidents of Russia, Belarus and Kazakhstan signed the Eurasian Economic Union treaty, which will come into effect in January 2015. The Customs Union, as the free trade...

more
Issue 02/2011

Energy efficiency and reduction of emissions in the focus

16. Arab-International Cement Conference and Exhibition, Ras Al Khaimah/UAE (06.–08.12.2010)

With more than 700 registered participants, the 16th Arab-­International Cement Conference and Exhibition, which this time took place in the Ras Al Khaimah Exhibition Center (Figs. 1 and 2), was also...

more