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Venezuelan govt officially takes over cement industry

The Venezuelan government adopted a decree on Thursday nationalizing the cement industry, giving the state ownership of firms controlled by Holcim, Lafarge and Cemex. The decree, which came one m...
News - 20 June 2008

India: Vicat, Heidelberg and Lafarge circle Sagar Cements

Just as Sagar Cements is poised to take the leap into the big league, the mini cement maker from Andhra Pradesh is drawing interest from France-based giants Vicat and Lafarge SA, and Germany’s Hei...
News - 09 June 2008

Lafarge wins US$1.2bn Syrian Cement contracts

Lafarge has won two contracts together worth nearly US$1.2bn to build cement works in Syria, La Tribune reports, citing a report in Syrian newspaper As-Soura.
News - 09 June 2008

France’s Lafarge to build cement plant in Rostov region

Lafarge SA plans to build a cement plant in Russia’s Rostov Region, the press office of the regional economic development ministry said Friday. The relevant protocol was signed between the region’...
News - 09 June 2008

Lafarge signs deal to double its Nigerian capacity

Lafarge signed an agreement with Chinese supplier CBMI Ltd to expand its Nigerian plant and double output to 4Mta, Lafarge’s Nigerian unit said on Thursday. Lafarge said the deal signed in Paris o...
News - 06 June 2008

Import of bagged cement may affect Nigerian cement investments

Investments in local cement capacity may be endangered, following reports that the government is planning to approve the importation of bagged cement. Sources among cement industry stakeholders ha...
News - 05 June 2008

Upward revision for cement stocks

Shares in cement makers Lafarge Malayan Cement Bhd and Gopeng Bhd rallied yesterday following the announcement that the government is lifting the ceiling price on cement from tomorrow. Lafarge ju...
News - 04 June 2008

Lafarge, Iraqi partner plan US$550m cement plant

France’s Lafarge and Iraqi partner Asiacell plan to invest around US4550m to raise cement capacity in Northern Iraq to help meet a shortage in the region, an executive said on Tuesday. The world’...
News - 04 June 2008

Moody’s assigns a Baa1 rating to Holcim

Moody’s Investors Service has today assigned a Baa1 issuer  and senior unsecured long-term debt rating to Holcim Ltd and the guaranteed  issuers under the European Medium Term Note Programme. The ...
News - 30 May 2008

Indian cement companies plan ready-mix concrete foray

Barely a fortnight after the French cement major Lafarge acquired L&T Concrete, the ready-mix concrete (RMC) business of Larsen & Toubro (L&T), several domestic cement players have shown interest ...
News - 27 May 2008