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Local support for Lafarge mining project


Lafarge’s limestone mining project in Meghalaya, which is entangled in legal problems, has received support from locals.
 The Dorbar (traditional tribal village council in Meghalaya) of Nongtrai...
News - 13 September 2010

CM-CIC cuts Lafarge share target ?

CM-CIC Securities retained on Friday its "hold" recommendation on Lafarge, but lowered its share price target to EUR 47 from EUR 53.
 However, the broker does not rule out a rebound of the share ...
News - 13 September 2010

Lafarge raises forecast for French cement market

Lafarge SA raised its forecast for the French cement market, and now expects it to grow by three per cent at best this year and shrink by one per cent at worst, La Lettre de L’Expansion said, with...
News - 13 September 2010

Lafarge loses environmental clearance for planned plant

A planned cement project in Himachal Pradesh, India promoted by Lafarge, has lost its environmental clearance, after the National Environment Appellate Authority ruled that the project threatened ...
News - 13 September 2010

Lafarge to freeze Ukraine expansion project

Lafarge has decided to freeze its project of construction of a new cement plant with the total annual capacity of 2.5Mt in the Lvov Province in Ukraine.   The decision is explained by unfavourable...
News - 11 September 2010

USA: cement sector no longer at rock bottom

The cement industry is nothing if not cyclical. US consumption this year could be barely 50 per cent of its 2007 peak of 113Mt, with similar percentage declines in Spain, Eastern Europe and Russia...
News - 09 September 2010

Malaysia: cement stocks firming up on better 2H outlook

Cement players have seen share prices firming up despite their lacklustre first half results and flattish demand for cement. Nonetheless, the consensus is that there will be a pick-up in demand in...
News - 09 September 2010

Lafarge Cement Zimbabwe improvements

Lafarge Cement Zimbabwe has seen a marked improvement in its operations as a result of the enhanced economic situation and significant stakeholder intervention, the company has said. The cement p...
News - 07 September 2010

Murli Industries board OKs raising funds

India’s Murli Industries Ltd  said Friday it has dropped plans to sell a stake in its Chandrapur cement plant in the western state of Maharashtra, and will instead use other means to raise up to I...
News - 03 September 2010

Retrenchment planned at Lafarge Cement, South Africa

Lafarge Cement plans to lay off more than 13 per cent of its employees in Lichtenburg, North West, trade union Solidarity said on Wednesday. It received a Section 189 notice on Tuesday, in which ...
News - 02 September 2010