Gypsum industry news
Lafarge and Holcim announce plans to merge
10 April 2014Worldwide: Holcim and Lafarge have announced their intention to merge the two companies. The new company, LafargeHolcim, will have a major presence in the global building materials sector with combined production sites in 90 countries across cement, concrete and aggregates sectors. Combined sales of the two companies would amount to around Euro32bn and earnings before interest, taxes, depreciation and amortisation (EBITDA) would be Euro6.5bn.
Lafarge and Holcim confirmed that they would sell businesses worth 10 - 15% of the group's EBITDA to satisfy antitrust concerns, worth about Euro5bn in total. Two-thirds of the asset sales would be in Europe. The companies also have overlapping business operations in Canada, Brazil, India and China.
Lafarge sold the majority of its worldwide gypsum wallboard businesses in 2011 followed by the sale of its North American gypsum wallboard assets in 2013. However it retains plants in Mexico, South Africa and Turkey.
US: Holcim (US) Inc., a major cement manufacturer and part of Switzerland's Holcim Ltd., has filed an application with the Montana Department of Environmental Quality for an operating permit to quarry gypsum on 21.4 hectares (53 acres) of private land about 15km southeast of Geyser in Judith Basin County. The gypsum will be used to make cement at the company's Trident Cement Plant near Three Forks, according to Herb Rolfes, supervisor of the Department of Environmental Quality's (DEQ) Operating Permit Section. Gypsum has been mined at the site in the past.
"It should be a relatively benign type of mine," Rolfes said. "There's no real issues as far as chemistry or water quality that will be a problem." DEQ officials are reviewing the application and will write a draft environmental assessment that will be put out for public comment in the second quarter of 2013. About 3.9 hectares (nine acres) would be disturbed over the next five years, with about 21.4 hectares (53 acres) being disturbed over the estimated 18-year life of the mine.