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Emerging markets lift Lafarge as the US, Spain and Great Britain declineLafarge increased first half turnover by 8.2% to EUR9,069m, with the EBITDA rising by 15.8% to EUR2116m and the trading profit advancing by 18.5% to EUR1611m, with the numbers reflecting the conso...News - 01 August 2008 |
Malaysian cement price set to rise furtherThe average selling price of local cement is now on par with cement prices in the Asia-Pacific which range from RM273 to RM277 per tonne. On Monday, Lafarge Malayan Cement Bhd, which controls abo...News - 30 July 2008 |
Banque Audi finances Lafarge cement factory in SyriaLebanon’s Banque Audi has arranged a US$380m loan to French conglomerate Lafarge to finance a cement factory in Syria, which suffers from shortage of the product, a bank executive said on Monday,...News - 29 July 2008 |
Lafarge to raise cement prices by MYR20/tLafarge Malayan Cement Bhd, Malaysia’s largest cement producer by volume, is increasing the recommended retail prices for its bagged cement products by MYR1 per 50kg bag, or MYR20 a ton, from Augu...News - 29 July 2008 |
South Africa: new Randfontein plant on trackLafarge SA said yesterday the building of its Randfontein plant, a key part of its plans to increase production by about a quarter, was on track to meet its October completion deadline, despite po...News - 28 July 2008 |
Rajasthan rejects limestone mining applicationsBK Birla Group’s Mangalam Cement, Sanghi Industries, MP Birla Group’s Birla Cement, Indorama Cement and three other companies are in a spot with the Rajasthan government rejecting their applicatio...News - 21 July 2008 |
Lafarge’s Bengal unit to be operational from Sept-OctThe 1Mt greenfield plant by Lafarge at Mejia in West Bengal is likely to begin commercial production by September-October. "Lafarge has indicated that it will begin commercial production at Meji...News - 21 July 2008 |
India: ACC may invest in ready mix concrete businessesAssociated Cement Companies (ACC) plans to double its number of readymix concrete units to 46 this year. The ACC spokesperson confirmed the development, but declined to divulge the investment on t...News - 16 July 2008 |
Venezuela stake in cement makers will be defined in AugustVenezuelan President Hugo Chávez decreed the nationalization of foreign-owned cement companies last April and stressed that the government would own at least 60 per cent of the shares in each firm...News - 15 July 2008 |
Ciments du Maroc borrows US$274m for new plantMoroccan cement producer Ciments du Maroc signed a MOD2bn (US$274m) loan agreement with five banks to help finance a new factory due to start production in March 2009, the company said. The new ...News - 14 July 2008 |