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Venezuelan govt officially takes over cement industryThe 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 CementsJust 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 contractsLafarge 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 regionLafarge 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 capacityLafarge 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 investmentsInvestments 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 stocksShares 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 plantFrance’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 HolcimMoody’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 forayBarely 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 |