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Lafarge, firms vie for Iraq cement deals

Lafarge and FLSmidth are among at least five companies vying to renovate cement plants in Iraq at a cost of $500m, Iraq’s industry minister said on Wednesday.     Egypt’s Orascom Construction Ind...
News - 30 August 2007

Cimpor: Spanish turnover exceeds that of Portugal

Cimpor increased its first half turnover by 13.3% to EUR934.0m.  Higher operating costs, notably an increase of more than 30% in kiln fuel costs, led to a narrowing of margins from 33.9% to 31.8%,...
News - 28 August 2007

Lafarge to submit proposals on construction of plant in Azerbaijan

"In September, we will see advances in the question regarding construction of a cement plant in Azerbaijan. To date, raw cement fields in the country have been studied," Anar Ahundov, executive di...
News - 28 August 2007

Malawi removes requirement for import of cement

Malawi has, with immediate effect, removed the requirement for cement traders to obtain licenses before importing cement into the country, the website of The Nation newspaper of the country report...
News - 24 August 2007

Lafarge working on US$450m Iraq cement deals

Lafarge is reportedly planning two projects worth about US$450m in the Iraqi city of Kerbala, according to an investment bank working with the French company on both deals.    The world’s largest...
News - 21 August 2007

Local cement production exceeds 0.94Mt Jan-July, Azerbaijan

Azerbaijan produced 944,500t of cement during the first seven months of 2007, with a 2.8% increase from the first seven months of 2006.   The main cement producer is Garadagh Cement which meets 5...
News - 21 August 2007

Romanian cement producers post EUR191m net profit in 2006

Romania’s cement producers Lafarge, Carpatcement and Holcim posted a 45% up to 155% hike in their 2006 net profit worth RON675m (nearly EUR191m). The data published by Romania’s Ministry of Econo...
News - 21 August 2007

Cement firms clash over limestone site

An announcement that Lafarge East Africa plans to build a major factory in Kitui has brought to the open a simmering dispute between two of Kenya’s three cement manufacturers.    Bamburi Cement c...
News - 21 August 2007

Chile producers’ profits dip in 1H07

Chile’s top three cement producers –  Cementos Bío Bío, Lafarge and Polpaico – all saw their bottom line drop during the first half of this year compared to the same six months of 2006, according ...
News - 20 August 2007

Cimpor H1 sales seen up on new units, higher costs to weigh on net

Cimpor is expected to report next Friday firm top line growth thanks to its consolidation of recent acquisitions, though this is expected to weigh on the company’s cost base, analysts said.     T...
News - 20 August 2007