Search Results

Nigeria: 7Mt of cement begin to arrive ports

Nigerians 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 dividend

Czech 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 producers

The 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 cent

Kenya’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 rise

Lafarge 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 downturn

Holcim, 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 plant

Anatoly 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 system

Waste 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 squeeze

Mexican 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 Cut

Cemex 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