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Lafarge to invest EUR600m in six new cement plants in China

Lafarge said it will invest over EUR600m in six new cement plants in China through an agreement with Chinese equipment supplier CBMI Co Ltd.     CBMI, a unit of Sinoma Group, is to build the plan...
News - 05 March 2008

Cement manufacturers’ body, nine others charged with cartelisation

The MRTPC on Monday found Cement Manufacturers Association (CMA) and nine others including ACC and Birla’s Grasim Cement, guilty of having acted in concert to raise the price of cement bags in Jab...
News - 04 March 2008

Bamburi Cement posts 42 per cent jump in pretax profit

Kenya-based Bamburi Cement whose majority shares are owned by Lafarge, has posted a 42 per cent jump in pre-tax profits to $77 million (Shs13 billion) for last year.     The company also reported ...
News - 04 March 2008

Burundi concerned over low cement export

Burundi has expressed concern at reduced quantity of cement exported to by Lafarge Cement Zambia which has resulted to high retail prices.    Burundi is Lafarge Cement Zambia’s second largest exp...
News - 03 March 2008

’Government responsible for soaring cement price’, Nigeria

The skyrocketing market price of cement has been blamed on recent government pronouncements on cement importation which dealers are believed to be cashing in on. Bayo Akinola, chairman, Lafarge W...
News - 29 February 2008

BCA: UK cement industry sales rise in 2007

The UK cement industry has published its figures for cement sales for 2007. Despite a seasonal downturn at year end, domestic cement sales showed a 4.8% increase over the year. Cement production b...
News - 29 February 2008

Kenya’s Bamburi Cement pre-tax profits up 42 per cent

Kenya’s Bamburi Cement Group, majority owned by Lafarge, posted a 42 per cent increase in pre-tax profits to KES5.4bn for 2007 on Tuesday. Turnover rose 34 per cent to KES22bn on a 15 per cent in...
News - 27 February 2008

Cimpor investment projects in Tunisia and Jordan

Cimpor is planning a 50% increase in clinker capacity at Ciments de Jbel Oust in two stages. On the final completion of the project, expected in 2010 or thereabout, the cement capacity, using own ...
News - 25 February 2008

Emissions row forces Lafarge to suspend investment

Lafarge has suspended 0.1bn (£755m) in new cement plant projects in Europe until it has more details on new European Union CO 2 emissions, according to reports from New Civil Engineer.    Uncertai...
News - 22 February 2008

Azerbaijan demand to increase up to 7Mta

The Azerbaijani government forecasts doubling of cement demand in the country for the medium-term period.     Minister of economic development Heydar Babayev said that the high rate of economic g...
News - 15 February 2008