Search Results
Nigeria: Lafarge Board to pay N1.8bn dividendThe Board of Directors of Lafarge Cement WAPCO Nigeria has proposed a gross dividend of N1.8bn to shareholders for 2008. Managing director/chief executive officer, George Lourandos, attributed th...News - 23 March 2009 |
Lafarge Malayan Cement recognised for safetyChairman and CEO of Lafarge, Bruno Lafont presented The Safety Excellence Plaque to recognise Lafarge Malayan Cement as a member of the Safety Excellence Club. Created In 2008, The Safety Excell...News - 23 March 2009 |
Holcim initiates arbitration proceedings against VenezuelaHolcim said on Monday it wants full compensation for the assets seized by Venezuela’s government in 2008 during a nationalisation drive. Venezuelan President Hugo Chavez took over Holcim Venezuel...News - 23 March 2009 |
Chavez runs short of cash for takeovers as oil slumpsVenezuela is holding up payments to contractors, oil services companies and targets of President Hugo Chavez’s nationalization drive, indicating the country is running short of cash after petroleu...News - 20 March 2009 |
Lafarge WAPCO posts N12.1bn net profit in 2008Lafarge Cement, WAPCO Nigeria Plc., Wednesday declared a N12.1bn profit after tax for the year 2008 representing an increase of 15 per cent over that of 2007. Announcing the results, Mr. Emmanuel ...News - 20 March 2009 |
US Cement shipments down 31% in JanuaryUS Geological Survey preliminary data for January 2009 cement shipments were released on the 18 March. The data indicated that US cement shipments in January were 30.6% lower than in January 2008....News - 19 March 2009 |
Cement demand to fall for first time in 25 yearsLafarge is forecasting a contraction in demand for cement globally this year – the first in 25 years – due to the global financial crisis and economic slowdown. Chairman and chief executive offic...News - 19 March 2009 |
Indonesia’s demand seen steady on govt projectsIndonesia’s plans to spend on infrastructure projects as part of a US$6bn fiscal stimulus package will help support domestic demand for cement, an industry official said on Wednesday. Urip Trimur...News - 18 March 2009 |
ACC says India cement sector may see consolidationACC Ltd expect there could be a round of industry consolidation if slowing demand and excess capacity push cement prices down, a top official told Reuters. ACC, 46 percent owned by Holcim is open...News - 18 March 2009 |
ECZ acts against Chilanga pollutionThe Environmental Council of Zambia (ECZ) has reduced the air emission licence validity period for Lafarge Cement from 12 months to six for failing to comply with the law. Acting ECZ senior comm...News - 16 March 2009 |