Building materials groups Lafarge and Holcim have formally notified the European Commission of their merger plan to create the world’s biggest cement group, LafargeHolcim, reported Reuters. The all-share combination, which requires approval from regulators around the world, already has the green light from seven countries (Russia, Ukraine, Turkey, South Africa, Morocco, Kenya and Singapore), executives told reporters on a conference…
Read MoreDay: October 29, 2014
Cementos Argos Releases Positive Third Quarter Results
Argos has announced its financial results for the third quarter of 2014 (3Q14). Consolidated income showed an increase of 16 percent compared to the same period in 2013, with both cement and concrete sales volumes continuing their steady upward trend, with accumulated growth rates of 9 percent and 18 percent, respectively.
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