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Nigeria: 7Mt of cement begin to arrive portsNigerians may begin to expect fall in the price of cement as part of the 7Mt of bagged cement approved for importation by the Federal government in January this year has started to arrive the nati...News - 26 June 2009 |
Czech Republic: Lafarge Cement to use CZK379m profit for dividendCzech cement maker Lafarge Cement will use last year’s CZK379.4m (€14.6m or US$20.4m) profit for dividend payment, and each shareholder will get CZK332 per unit, the annual general meeting (AGM) ...News - 26 June 2009 |
South Africa: Competition Commission raids cement producersThe Competition Commission on Wednesday raided the premises of cement producers in Gauteng and KwaZulu-Natal, it disclosed on Thursday. It said it searched the offices of Pretoria Portland Cemen...News - 26 June 2009 |
Bamburi sees E. Africa cement consumption up 12 per centKenya’s biggest cement maker, Bamburi Cement, expects consumption in east Africa to grow 12 per cent this year thanks to road projects and individual home-building, its managing director said on W...News - 25 June 2009 |
Lafarge’s South-West Tanzania plant cuts output as imports riseLafarge SA, the world’s biggest cement maker, cut output at its plant in south-western Tanzania after supply exceeded demand because of an increase in imports. “We extended the shutdown after nor...News - 24 June 2009 |
Holcim well placed to buy into construction downturnHolcim, the world’s second-largest cement maker, is well equipped to exploit a global construction slump and snap up more cheap assets from rivals seeking to raise funds. The Swiss group’s purcha...News - 24 June 2009 |
France’s Lafarge to invest RUB18bn in Kaluga cement plantAnatoly Artamonov, governor of Russia’s Kaluga region, and Nicolas Fournier, president of Lafarge Vostok, an affiliate of France’s Lafarge SA, signed an agreement on cooperation on Friday as part ...News - 22 June 2009 |
USA: Lafarge, waste management set up landfill methane systemWaste management and Lafarge North America will unveil a US$2m landfill methane fuel system Friday at Lafarge’s Tulsa Cement plant. This alternative fuel system represents one of three that could...News - 19 June 2009 |
Cemex could sell stock to relieve debt squeezeMexican cement giant Cemex SA, weighed down by huge debts from an acquisition made as the US housing-market went into freefall, may have to sell new stock to avoid a pricey bank refinancing or eve...News - 19 June 2009 |
Cemex Falls to Three-Week Low on Bank of America CutCemex plunged to the lowest in three weeks in New York trading after it was cut to “underperform” from “neutral” Bank of America Corp. on valuation concerns. Cemex’s American depositary receipts ...News - 17 June 2009 |