cement industry
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Nigeria Holcim to Sell Lafarge Africa Stake to Huaxin Cement for $1 Billion
Holcim AG has announced the sale of its 83.81% stake in Lafarge Africa to China’s Huaxin Cement for $1 billion. This divestment is part of Holcim's strategy to streamline its portfolio and focus on key markets, including North America. The deal is expected to close in 2025. Holcim AG, the Swiss...- Nigeria News
- Article
- 1 min read
- cement industry holcim huaxin cement lafarge africa nigerian business sale
- Category: Business
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Nigeria Industry Deal: Cement Producers to Reduce Prices, Attach Condition
In a significant development for the construction sector, cement manufacturers have agreed to reduce the price of their product from N10,000 to a range between N7,000 and N8,000 per 50kg, subject to certain conditions set by the Federal Government. The decision was reached during a meeting...- Nigeria News
- Article
- 1 min read
- bua cement industry construction news dangote david umahi lafarge price reduction
- Category: Metro
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