Europe
Holcim Maintains Operations in Russia, Freezes Capital Investments
Holcim will continue to operate in Russia but suspend further capital investments
Released Wednesday, March 23, 2022
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Researched by Industrial Info Resources (Sugar Land, Texas)--Holcim (Zug, Switzerland), the world's biggest cement maker, has confirmed that its LafargeHolcim Russia plants will continue to operate despite the Ukraine conflict.
However, Holcim said it would suspend further capital investments in Russia, according to Reuters, adding it would continue to review the situation.
Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.
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