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Lafarge US moves headquarters

Lafarge North America Inc. is moving its headquarters from Herndon to Reston in 2010. The company signed a 10-year lease for 63,000 square feet at 12018 Sunrise Valley Dr., also known as Two Rest...
News - 25 September 2009

Holcim says not in Venezuela compensation talks

Holcim  denied on Thursday that it was in talks with the Venezuelan government over a possible agreement on how much Venezuela should pay for its nationalised unit. Public Works Minister Diosdado...
News - 25 September 2009

Rights issues and share placings find favour

HeidelbergCement’s rights issue and share placing has apparently proved extremely popular with investors this week. Offered at a discount of some 12 per cent on the prevailing stock price of €44 t...
News - 25 September 2009

Venezuela pays for part of Lafarge cement acquisition

President Hugo Chavez’s government said Wednesday it will immediately pay cement maker Lafarge SA 40 per cent of the agreed-upon purchase price for its Venezuelan subsidiaries nationalized last yea...
News - 24 September 2009

Cemex is raising €1057m

The sale of participation certificates, which has just been priced, is set to raise some UIS$1549m (€1057m).  The sale of participation certificates, rather than a traditional issue of equity wi...
News - 23 September 2009

Lafarge rail project wins award, UK

Lafarge Cement has won an award for its UK£20m rail infrastructure programme at its Hope Works in Derbyshire. The Rail Freight Group’s national awards saw Lafarge win a Special Judges Award at th...
News - 23 September 2009

Cemex is raising €1,057m

The sale of participation certificates, which has just been priced, is set to raise some UIS$1,549m (€1,057m).  The sale of participation certificates, rather than a traditional issue of equity ...
News - 22 September 2009

Lower gearing is the key

Looking at the gearing levels of the major international cement producers as at mid-year, the most highly geared groups were Cemex at 131.4% and HeidelbergCement at 124.2%. Both HeidelbergCement a...
News - 18 September 2009

Goldman Sachs ups Europe construction view

Goldman Sachs upgraded the European construction sector to neutral from cautious on Wednesday to reflect Goldman economist upgrades to 2010 GDP expectations in Europe and the U.S. The broker upped...
News - 17 September 2009

Sugar Creek formally denied limestone mining expansion

Sugar Creek Planning and Zoning Commission members have formally denied Lafarge Sugar Creek from expanding its limestone mining operations. The Lafarge request included a zoning change and a spe...
News - 15 September 2009