LafargeHolcim has launched a mandatory tender offer for the acquisition of the remaining shares of Heracles Cement, in which LafargeHolcim owns an 88.99% stake. LafargeHolcim is offering €1.23 per share, which amounts to the average weighted trading price of the shares of the company over the six months to 10 July, when LafargeHolcim acquired the Lafarge stake. The acceptance period has not yet been announced.
WCT2020 provides a unique online forum for cement industry professionals to hear first-hand from experts through a series of exclusive presentations from cement producers and industry experts.
World Cement Editor, David Bizley, sat down with Michael Tay, Advanced Analytics Product Manager at Rockwell Automation to discuss his recent article in World Cement.
Entitled ‘Smooth Sailing’, this article explains how machine learning can help save energy, reduce downtime and predict equipment failures, thus enabling the smooth running of cement plant operations.
