(MT Newswires) -- Jan Jenisch, CEO of Holcim, announces that the company, having doubled its size in North America over the last four years with sales in excess of USD 11 billion, is now aiming to reach USD 20 billion. To achieve this, Holcim plans to separate its North American activities and list them on the New York Stock Exchange. The aim of this operation is to enhance the value of the demerged entity, which is not currently valued at fair value within the Group. This decision is based on a number of positive factors, such as the relocation of manufacturing to the United States, major infrastructure projects supported by recent legislation and a shortage of housing.
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May. 17 | Holcim: builds sustainable cement plant in Belgium | CF |
May. 16 | Holcim Starts Construction of Net-zero Cement Plant in Belgium | MT |
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