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New orders for L&T

Larsen & Toubro’s Buildings & Factories Operating Company part of its Construction division has bagged new orders aggregating around INR 1162 crores in the fourth quarter of 2008-09 for the constr...
News - 27 February 2009

Bamburi Cement posts 11 per cent decline

Lafarge’s Kenyan unit, Bamburi Cement, has posted an 11 per cent decline in full-year profit as fuel, electricity and transport costs increased. Net income dropped to KES3.4bn (US$42.6m) in the 1...
News - 27 February 2009

CRH ’unlikely’ to seek Lafarge-style rights issue

CRH is unlikely to follow French construction material groups Lafarge and Saint Gobain in pursuing a "rights issue" in the near term, unless it came across a large deal that would be too good to p...
News - 25 February 2009

Acquisitions boost Titan’s turnover and cement tonnage

Titan’s turnover increased by 5.4% in 2008 to €1,578.5m, helped by acquisitions and broadly unchanged at the underlying level.  The weakness in the United States and in Greece was to a large exten...
News - 25 February 2009

Lafarge waste utilisation, Brazil

Lafarge is utilising waste from the disposal site of Cantagalo (Rio de Janeiro) as fuel for its cement kilns in a move that decreases the environmental liability of the disposal site and enlarge t...
News - 23 February 2009

EBRD’s exit from Lafarge Ciment, Romania

Lafarge last year bought the 20 perc ent stake that the European Bank for Reconstruction and Development (EBRD) held in Lafarge Ciment Romania, through holding company Lafarge Romania SA, for EUR2...
News - 23 February 2009

Shui On Group to borrow RMB 13bn from ABC

Shui On Group, a property development, construction and construction materials enterprise with interests in Hong Kong and China mainland, has secured a three-year, RMB13bn loan from Agricultural B...
News - 20 February 2009

Orascom boosts Lafarge’s growth

Lafarge’s 2008 turnover rose by 8.1% to €19,033m and the EBITDA by 10.4% to €4,618m.  The trading profit advanced by 9.3% to €3,542m, but after a 78.9% increase in financial charges to €941m and h...
News - 20 February 2009

Lafarge launches campaign to bring clarity to market

Lafarge has launched a campaign to call for clearer communication and usage guidelines on sustainable building products – following extensive research that has highlighted confusion amongst many b...
News - 19 February 2009

Lafarge FY08 net up 27% to RM367m

Lafarge Malayan Cement Bhd’s net profit for the year ended Dec 31, 2008 (FY08) jumped 27.6% to RM367.68m from RM288.15m a year earlier, on the back of higher sales and selling prices of cement. ...
News - 19 February 2009