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Indonesia finds cement firms innocent of price fixing

Indonesia’s anti-monopoly commission on Wednesday found cement firms in Southeast Asia’s biggest economy innocent of price fixing. "The commission’s panel did not find enough reason to say there ...
News - 19 August 2010

Cement industry recovery in 2H11

Thierry Legrand, CEO of cement group Lafarge South Africa said on Tuesday that he expected the cement industry to recover in the second half of 2011. Speaking at the launch of a new soil stabilis...
News - 19 August 2010

UK: Lafarge Cement sustainability report highlights record performance

Lafarge Cement UK has released its latest sustainability report, highlighting the company’s continued progress in improving sustainability across all areas of its operations. Despite the impact o...
News - 17 August 2010

Lafarge Romania sales down by one-fifth

Cement producer Lafarge Romania had sales down by a fifth in the first half of 2010. The company expects the Romanian cement market to shrink 10% in 2010. Lafarge’s cement sales in Central and E E...
News - 13 August 2010

Hope Works gets go-ahead to burn PSP, UK

In a move that will help Lafarge Cement UK achieve a significant reduction in their carbon footprint, the Environment Agency (EA) has granted the company permission to use processed sewage pellets...
News - 13 August 2010

JP Morgan downgrades Holcim ahead of 2H results

At the mid-point of the reporting season analysts at JP Morgan have downgraded its Holcim earnings per share (EPS) estimates for FY2010E, FY2011E and FY2012E 2%, 6% and 6% respectively. So far e...
News - 11 August 2010

Lafarge’s Kenyan unit, Bamburi, reports 1H profit of US$41.5m

Lafarge SA’s Kenyan unit, Bamburi Cement Co, reported first-half earnings per share of KES6.52. The company recorded operating profit of KES3.3bn and posted revenue of KES13bn, the company said ...
News - 06 August 2010

Lafarge plant in Frangey at risk of closure

Lafarge may decide to close its site in Frangey, north-central France, which employs 78, according to economic news Internet site Challenges, which quoted trade union sources. The nearby storage ...
News - 06 August 2010

Lafarge Jordan profit falls 73%

Lafarge Cement Jordan, the country’s leading cement producer, posted a 73 per cent fall in first-half net profit to JD9.4m (US$13.3m) on Tuesday, on weaker domestic sales. Sales fell 38 per cent ...
News - 04 August 2010

Construction to start on Karbala cement plant, Iraq

The joint venture partners behind the US$200m rehabilitation of the Karbala cement plant in Iraq have agreed the security contract for the facility. Construction work will start at the beginning o...
News - 03 August 2010