Strabag to team up with Lafarage

Published: May 26, 2010; 00:00 · (Vindobona)

Strabag boss Hans Peter Haselsteiner said today his company wanted to protect itself from volatile cement market prices as the firm is set to cooperate with the cement production’s world market leader.

Strabag to team up with Lafarage / Picture: © Strabag SE

Haselsteiner and Bruno Lafont, head of French firm Lafarge, announced yesterday the companies’ joint venture will start doing business by the beginning of 2011.

Haselsteiner explained today: "We (Strabag) need 1.5 million tons of cement per year. With this new constellation, exactly this amount will be produced every year."

Lafarage CEO Bruno Lafont sees it as: "With…

This article includes a total of 217 words.

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