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Cement prices in Lusaka rise, Zambia

Cement prices in Lusaka have shot up by between K35,000 and K40,000 amidst the continued suspension of operations by Lafarge Cement Zambia Plc, the country’s monopoly cement producer. And the Nat...
News - 14 September 2009

Lafarge to challenge High Court decision, Zambia

The Supreme Court has set Wednesday this week for the inter-parte hearing in the matter in which Lafarge Cement Zambia is challenging the execution of the Kitwe High Court order for the company to...
News - 14 September 2009

Cementos San Juan inaugurates plant, Chile

Chilean cement firm Cementos San Juan, controlled by Spanish group Cementos La Unión, has started production at its new plant in region V, local press reported. Following an investment of US$40mn...
News - 14 September 2009

Property seizure grounds Lafarge operations, Zambia

Lafarge Cement Plc has suspended operations after court bailiffs started seizing its property to execute a High Court ruling which awarded US $13 million to Citizens for a Better Environment (CBE)...
News - 11 September 2009

UBS cuts Lafarge to "neutral"

UBS downgraded French cement group Lafarge to "neutral" from "buy", but raised its share price target to EUR 60 from EUR 57. The changes in the rating have been prompted by a 30% rise in Lafarge’...
News - 10 September 2009

Competition Board approves Van Cimento deal, Turkey

The competition board announced that it approved the deal between local cement maker Askale Cimento and Lafarge for the former to acquire full control in peer Van Cimento. In July, Askale Ciment...
News - 08 September 2009

Erin Brockovich will address toxic concerns about Lafarge

Famous environmental advocate Erin Brockovich, lawyers from Weitz and Luxenberg P.C., and Dr. Mark Hyman, M.D. will visit Ravena Friday and hold a special “town hall” meeting to discuss emissions ...
News - 07 September 2009

Peru’s Brescia buys part of Lafarge Chile unit

Peru’s Brescia group has completed the purchase of a large stake in the Chilean unit of Lafarge SA, the Peruvian conglomerate said late Monday. In a filing to Peru’s securities regulator, Brescia...
News - 02 September 2009

Lafarge plans small Indian acquisitions

Lafarge India is planning a cluster approach to venture into the South India market, Business Standard reports. That market has been consistently profitable and has a number of clusters in differe...
News - 01 September 2009

Bamburi says H1 pretax profit jumps 55 per cent

Kenya’s biggest cement producer, Bamburi  reported a 55 per cent jump in first-half pretax profit to KES4.5bn (US$59m), as the economy recovered from last year’s violence. Turnover was up 42 per ...
News - 01 September 2009