The Portland Cement Association (PCA) Market Intelligence Group forecast for cement consumption over the next two years, shows less growth compared with 2018. This year’s rate of change is 2.9 percent; growth recedes to 2.6 percent in 2019 and to 1.6 percent in 2020.
In the course of strengthening its market focused and agile management organization, LafargeHolcim announced the promotion of its legal and HR functions to the executive committee. In addition, the corporate business function Growth & Performance will be organized into three Centers of Excellence. Changes are effective Jan. 1, 2019.
Lehigh Hanson Materials Ltd. and SaskPower signed an agreement to give Lehigh exclusive rights to market fly ash from Shand Power Station in Saskatchewan, Canada, effective November 2018. The deal expands on an existing 10-year agreement signed in 2012 to market Boundary Dam Power Station fly ash.
At the opening of Capital Markets Day 2018, LafargeHolcim announced that its executing at full speed on the company’s Strategy 2022 – “Building for Growth,” which was launched in March. In the course of the year, the company has delivered solid results, developed positive momentum and showed significant progress at increasing profitable growth.
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