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Malaysia: slow demand, rising costs to hurt LafargeLafarge Malayan Cement Bhd’s YoY (YoY) cement sales growth rates are expected to decelerate over the remaining months this year, due to weaker property development activities and possible delays o...News - 01 May 2008 |
Cemex CEO says company’s Venezuela exposure smallMexican cement maker Cemex SAB isn’t overly exposed to a nationalization of its Venezuela operations because it’s only a small part of its global operations, Chief Executive Lorenzo Zambrano said ...News - 25 April 2008 |
Lafarge inaugurates new US$30m cement plant in region XLafarge Chile has inaugurated a new cement plant in southern city Puerto Montt, in region X, local press reported. The plant required a US$30m investment and will have the capacity to produce an...News - 23 April 2008 |
Aberthaw Cement plant wins awardAberthaw Cement Works has been hailed as one of the best-performing plants in Western Europe by its parent company, the Lafarge Group. The cement works, which employs 100 people and produces up t...News - 21 April 2008 |
Cement cos vie for L&T’s ready-mix concrete businessLeading cement manufacturers, including Holcim, AVB Group and Lafarge, are in the race to buy engineering major Larsen and Toubro’s ready-mix concrete (RMC) business, L&T Concrete, according to lo...News - 17 April 2008 |
Lafarge to announce new cost-cutting plan at end 2008Lafarge will announce a new cost-cutting plan at the end of 2008, the group’s Chief Executive Bruno Lafont says in an interview published Thursday in French business daily La Tribune. The new pl...News - 17 April 2008 |
Ciments du Maroc sees higher net profit in 2008Moroccan cement producer Ciments du Maroc expects its net profit to grow in 2008 as dividends from an Egyptian affiliate and lower taxes offset higher energy and raw material costs, its chairman s...News - 16 April 2008 |
Battle to acquire limestone mine in Kitui RagesBamburi Cement and Athi-River Mining are locked in a vicious row over a Kitui limestone deposit, which is seen as crucial to grow Kenya’s economy. A fresh tussle between local cement manufacture...News - 15 April 2008 |
Analysts: Cemex to negotiate total exitCement industry analysts expect that Cemex will negotiate its total exit from Venezuela amidst the nationalisation drive launched by President Hugo Chávez on April 4, paper El Norte reported. Ve...News - 14 April 2008 |
GBL buys 50,000 more Lafarge shares for EUR5.47mGroupe Bruxelles Lambert bought 50,000 shares in French cement company Lafarge for a total of EUR5.47m in a series of transactions between March 25 and March 31, according to filings with market r...News - 11 April 2008 |