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The ability to fund investment

Debt levels among the cement majors have generally come down since the beginning of last year, in many cases helped by rights issues. The two Italian controlled majors, Italcementi and Buzzi Unicem...
International Cement Review Editor's Blog - 09 July 2010

Lafarge inks Democratic Republic of Congo cement deal

Democratic Republic of Congo (DRC)’s Katanga Province and Lafarge Cement yesterday signed a K5trn (US$1bn) agreement for the supply of cement to the DRC region that is undertaking massive construc...
News - 09 July 2010

Lafarge places bond

Lafarge placed yesterday 550 million in US dollar bonds with a five year maturity and a fixed coupon of 5.5% to institutional investors in the United States.   The proceeds of this transaction wil...
News - 07 July 2010

Holcim: Romanian decline continues

The fall of the Romanian real estate market, a long winter and delays in major infrastructure projects have hit the domestic cement market, which is dominated by three producers - Lafarge, Heidelb...
News - 07 July 2010

Lafarge boss to visit Lafarge Surma Cement

French Lafarge Group Co-President (Cement Division) Isidoro Miranda will arrive in the city on an official visit today. During his visit, Mr Miranda will be reviewing the business and strategies ...
News - 07 July 2010

Lafarge Indonesia plant starts production

Production has started up again at the Lafarge Indonesia plant following the destruction caused by the Boxing day tsunami of 2004. Plant construction of the  PT Semen Andalas works  in Banda Aceh...
News - 06 July 2010

ScotAsh Welcomes HRH The Duke of Gloucester, UK

ScotAsh Limited, the UK’s leading manufacturer of sustainable PFA-based cements, welcomed His Royal Highness The Duke of Gloucester to its plant at Longannet Power Station, Kincardine-on-Forthin c...
News - 06 July 2010

An international warrant against two Lafarge officials

Algerian authorities have issued an international arrest warrant against two French nationals serving at Lafarge Company in Algeria. They are believed to be involved in corruption and money launde...
News - 06 July 2010

Lafarge to donate 500t cement to fire victims, Bangladesh

Lafarge will donate 500t of cement in aid of the victims of Neemtoli fire in Old Dhaka, reports UNB. The pledge came when a delegation led by Lafarge Group Co-president of Cement Division of Fran...
News - 05 July 2010

India cement industry sees pick-up in M&A activity

After a lull of about one and half years, the Indian cement industry is once again seeing action on the mergers and acquisitions (M&A) front. Interestingly, despite an oversupply threatening the c...
News - 04 July 2010