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Venezuela cement makers to get US$358m in takeovers

Venezuela has authorised a US$378m payment for two European cement companies that have been waiting nearly a year for compensation after their local assets were nationalised, President Hugo Chavez...
News - 31 July 2009

Strong Middle East results from Lafarge contrast weak Europe

Lafarge saw its first half turnover fall by 11.9% to €7,991m, with the EBITDA declining by 19.7% to €1,700m and the trading profit dropping by 29.8% to €1,131m.  The net attributable profit showed...
News - 31 July 2009

Venezuela creates state cement conglomerate

Venezuelan President Hugo Chavez ordered the creation of a state-run cement company on Wednesday, a year after seizing control of 90 per cent of the local industry in a wave of expropriations. Th...
News - 30 July 2009

Lafarge sells Chile cement and downstream assets?

Lafarge has agreed the sale of its cement and downstream operations in Chile to the Peruvian conglomerate Brescia Group for some US$466m.  This is Brescia’s first investment in the cement sector. ...
News - 29 July 2009

Lafarge invests in the Kaluga Region, Russia

Lafarge is planning to invest RUB18bn in the construction of a cement plant in the Kaluga Region, Russia. Governor of the Kaluga region Anatoly Artamonov, and president of Lafarge Vostok (a Lafar...
News - 28 July 2009

Lafarge wins prizes for saving water

Lafarge Cement UK have been presented with two prestigious national awards from the Environment Agency for their commitment to saving and recycling water at Cauldon Works in the Staffordshire Moor...
News - 23 July 2009

Cement and lime sectors achieve climate change target

The Mineral Products Association (MPA) has announced that the UK cement and lime sectors have achieved their energy-efficiency goals, as detailed in their Climate Change Agreements for the target ...
News - 23 July 2009

Lafarge falls on lower guidance talk

 Lafarge falls 2.7 per cent on market talk that the company may revise its sales forecast lower, traders say. "(There is a) rumour doing the rounds (on) Lafarge that they will guide lower" says o...
News - 23 July 2009

Cement price correction, India

Cement makers in north, central and east India are likely to be the least affected due to the expected cement price correction in the coming quarters. Demand in these regions is anticipated to rem...
News - 22 July 2009

Cement industry group aims for zero waste

The Cement Sustainability Initiative wants to reduce the concrete landfill rate to zero by boosting awareness of the benefits of reusing concrete in a new report, “Recycling Concrete.” Since conc...
News - 21 July 2009