Powtech - International Processing Trade Fair for Powder, Bulk Solids, Fluids & Liquids - 26 - 28.9.2030 - Learn more
Powtech - International Processing Trade Fair for Powder, Bulk Solids, Fluids & Liquids - 26 - 28.9.2030 - Learn more
Ready to become a greener cement company? Ormat Waste Heat Recovery Tailor-Made Solutions - Ormat
Global Cement
Unmatached fuel flexibility with Pyrorotor - KHD
Online condition monitoring experts for proactive and predictive maintenance - DALOG
Cut your energy costs with our high-performance lubricants and services - Kluber Lubrication
Optimizing your cement plant. Empowering your team. CemAI - Cement Intelligence
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Services
  • Jobs
  • Privacy & Cookie Policy
  • About
  • Register
  • Trial subscription
  • Contact
News LafargeHolcim no longer seeking to sell Holcim Philippines

LafargeHolcim no longer seeking to sell Holcim Philippines

Written by Global Cement staff 22 July 2020
  • Print

Philippines: John Stull, the chief executive officer (CEO) of Holcim Philippines, says that the subsidiary of LafargeHolcim is no longer being considered for divestment. He made the comments at the company’s annual shareholders meeting, according to the Philippine Daily Inquirer newspaper.

“Holcim Philippines will remain with the major shareholder of LafargeHolcim and we will grow with the company and with the country," he said. Still added that the cement producer was making long-term plans to boost the production capacity of its plants in Luzon and Mindanao. LafargeHolcim’s attempt to sell its majority stake in Holcim Philippines to San Miguel Corporation for US$2.15bn collapsed in May 2020 after the Philippines Competition Authority (PCC) failed to approve the deal within 12 months of its conclusion.

Last modified on 24 July 2020
Published in Global Cement News
Tagged under
  • Philippines
  • LafargeHolcim
  • Holcim Philippines
  • Divestments
  • San MIguel
  • Philippine Competition Commission
  • GCW465

Register for the Global Cement Weekly email newsletter

Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.

Register >

Related items

  • Holcim seeks to acquire outstanding Holcim Philippines shares
  • Cemex considering selling business in the Dominican Republic
  • CRH boosts sales and earnings in first half of 2023
  • UNACEM to acquire Tehachapi cement plant from Martin Marietta Materials
  • B5 Plus acquires Heidelberg Materials’ Gambian business
back to top
P84 HT filter bags ensure the best filtration performance - Evonik - Leading Beyond Chemistry
Original Services - Flender
“Chains
Meet us at LubExpo the bearing show - Booth 858 - September 26 - 28, 2023, Essen, Germany - Find out more about Cement Industry - TotalEnergies
AI Modules - The Kima Process
Loesche - Innovative Engineering
Airscape - The new sealing standard for transfer points in conveying systems
Acquisition Cemex China CO2 concrete coronavirus Export France Germany Government grinding plant HeidelbergCement Holcim Import India Lafarge LafargeHolcim Mexico Nigeria Pakistan Plant Product Production Results Russia Sales Sustainability UK Upgrade US
« September 2023 »
Mon Tue Wed Thu Fri Sat Sun
        1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30  



Sign up for FREE to Global Cement Weekly
Global Cement LinkedIn
Global Cement Facebook
Global Cement Twitter
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Services
  • Jobs
  • Privacy & Cookie Policy
  • About
  • Register
  • Trial subscription
  • Contact
  • Conferences & Webinars >>
  • Global Ash
  • Global CemBoards
  • Global CemCCUS
  • Global CemEnergy
  • Global CemFuels
  • Global CemPower
  • Global CemProcess
  • Global CemProducer
  • Global Cement Quality Control
  • Global CemTrans
  • Global ConChems
  • Global Concrete
  • Global FutureCem
  • Global Gypsum
  • Global GypSupply
  • Global Insulation
  • Global Slag
  • Global Synthetic Gypsum
  • Global Well Cem
  • African Cement
  • Asian Cement
  • American Cement
  • European Cement
  • Middle Eastern Cement
  • Magazine >>
  • Latest issue
  • Articles
  • Editorial programme
  • Contributors
  • Link
  • Awards
  • Back issues
  • Subscribe
  • Photography
  • Register for free copies
  • The Last Word
  • Websites >>
  • Global Gypsum
  • Global Slag
  • Global CemFuels
  • Global Concrete
  • Global Insulation
  • Pro Global Media
  • PRoIDS Online
  • Social >>
  • LinkedIn
  • Facebook
  • Twitter

© 2023 Pro Global Media Ltd. All rights reserved.