Lafarge cement news
Here are some recent news articles and updates about Lafarge, a global cement company:
Recent News
- LafargeHolcim and HeidelbergCement to merge: In February 2021, LafargeHolcim and HeidelbergCement announced a proposed merger to create a global cement giant with a combined market value of over $40 billion. (Source: Reuters)
- LafargeHolcim to acquire Firestone Building Products: In January 2021, LafargeHolcim announced its intention to acquire Firestone Building Products, a leading manufacturer of roofing and waterproofing solutions. (Source: LafargeHolcim)
- LafargeHolcim launches new sustainability strategy: In November 2020, LafargeHolcim launched its new sustainability strategy, which aims to reduce its carbon footprint and promote sustainable construction practices. (Source: LafargeHolcim)
- LafargeHolcim to invest in digitalization: In October 2020, LafargeHolcim announced plans to invest in digitalization and innovation, including the development of new digital solutions for the construction industry. (Source: LafargeHolcim)
Recent Developments
- LafargeHolcim's cement sales decline in Q3 2020: In November 2020, LafargeHolcim reported a decline in cement sales in the third quarter of 2020 due to the COVID-19 pandemic. (Source: LafargeHolcim)
- LafargeHolcim's net income increases in Q2 2020: In August 2020, LafargeHolcim reported an increase in net income in the second quarter of 2020, driven by cost savings and improved operating performance. (Source: LafargeHolcim)
- LafargeHolcim's sustainability efforts recognized: In June 2020, LafargeHolcim was recognized for its sustainability efforts, including its commitment to reducing carbon emissions and promoting sustainable construction practices. (Source: LafargeHolcim)
Industry Trends and Insights
- Cement industry faces challenges in 2021: In January 2021, industry analysts predicted that the cement industry would face challenges in 2021, including declining demand and increased competition. (Source: Global Cement and Concrete Association)
- Sustainability key to cement industry's future: In November 2020, industry experts emphasized the importance of sustainability in the cement industry's future, highlighting the need for reduced carbon emissions and increased use of alternative fuels. (Source: International Cement Review)
- Digitalization transforming cement industry: In October 2020, industry experts discussed the impact of digitalization on the cement industry, including the use of data analytics and artificial intelligence to improve efficiency and reduce costs. (Source: Construction Business Owner)
I hope this information is helpful!