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Lafarge Ciments forges ahead with expansion, Morocco

Lafarge has decided to press ahead with an expansion plans in Morocco after sales began to pick up in the second half of 2009, the company said on Wednesday. Lafarge Ciments, a listed subsidiary ...
News - 25 February 2010

Lafarge wins another top business award for Hope Rail Project

A pioneering rail project to cut cement deliveries by road has secured a second national prize for Lafarge Cement at the Eversholt Rail Business Awards last week. Lafarge Cement’s £20 million ra...
News - 24 February 2010

Lafarge to get Brazilian cement assets

Lafarge said it will receive Brazilian cement assets in exchange for the sale of its 17.28% stake in Cimpor, to Brazilian conglomerate Votorantim.   The terms of payment depend on the outcome of t...
News - 24 February 2010

Lafarge reports fourth quarter loss

Lafarge reported a loss in the fourth quarter as construction in Europe and the U.S. struggled to recover, and predicted a rebound in its markets this year. The net loss was EUR38m (US$51.1m), com...
News - 19 February 2010

Cimpor’s board rejects new CSN offer

The board of Cimpor has rejected the new takeover offer from Brazilian steelmaker CSN worth EUR4.15bn (US$5.63bn), Cimpor said in a statement. CSN recently raised its offer to EUR6.18 per share f...
News - 19 February 2010

Cement demand in Egypt defies the odds

Showing a 20% growth in demand last year – higher than China’s 16% growth and India’s projected 11% increase  – the Egyptian cement industry continues to surprise. Even taking a more measured view...
News - 19 February 2010

Brazil’s Camargo says buys 6.5 pct more in Cimpor

Brazil’s construction firm Camargo Correa said on Thursday that it bought an additional 6.5 per cent stake in Portuguese cement-maker Cimpor. Sao Paulo-based Camargo Correa, a construction and in...
News - 12 February 2010

US$170m Lafarge settlement carries Obama EPA template

A consent decree with the EPA calls for Lafarge North America to implement nitrogen oxides and sulphur dioxide pollution-control measures at 13 US cement plants, some of which will see deployment ...
News - 12 February 2010

Lafarge Hires Zaoui for Cimpor stake sale

Michael Zaoui, Morgan Stanley’s former chairman of European mergers and acquisitions, has been hired as an adviser by Lafarge SA, Financial News reported. Zaoui is advising the company on the sal...
News - 09 February 2010

Russia, Poland to lead European construction

A new report on global construction conducted by British research group Oxford Economics shows emerging markets will overtake developed countries to become the biggest part of the market in the ne...
News - 08 February 2010