Holcim progresses cement import plan, signals exit of lime business

Holcim progresses cement import plan, signals exit of lime business
By Pam Graham June 25 – (BusinessDesk) – Holcim New Zealand is moving ahead with plans to exit manufacturing in New Zealand and chief executive Jeremy Smith is losing his job as the business will be run from Australia in future. The company’s Westport cement plant will close by the second half of 2016 when new import facilities at Waitemata in Auckland and Timaru are fully operational. Plans for a new cement manufacturing plant at Weston in North Otago remain on hold but the company is keeping the assets so it has the option of “eventu...