LafargeHolcim launch globally combined building materials

LafargeHolcim, the company formed by the recent merger between Holcim and Lafarge, on Wednesday officially launched their new combined building materials company and committed to delivering savings of 1.4 billion Euros ($1.54 billion) within three years.

 

The new company with a combined global capacity of 386 million tons per annum (mtpa) aims to shift focus to faster growing emerging markets in Africa and Asia where cement demand is booming.

“By the end of 2016 we will have completed the integration,” LafargeHolcim Chief Executive Eric Olsen said in a conference call in Zurich. “Within 1,000 days we will realise the full synergy potential.”

‘69 Buildings have to be Demolished if Fourth Mainland Bridge is built now’

Lagos State government says it cannot go ahead now to construct the proposed Fourth  Mainland Bridge having discovered, to its surprise, that no fewer than 69 buildings have to be demolished if the original alignment for the bridge is followed.