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Lafarge announces intention to apply for delisting from New York Stock Exchange

Lafarge has announced its intention to apply for the voluntary delisting of its American Depositary Receipts (ADRs) from the New York Stock Exchange (NYSE). This delisting will be followed by an a...
News - 02 August 2007

St. Lawrence Cement Holders sell out shares to Holcim

Holcim said it owns nearly all of Canada-based  St Lawrence Cement Group Inc. after buying out minority shareholders.  Holcim sweetened its offer to C$43.50 (US$40.72) a share from the original ...
News - 01 August 2007

Lafarge profit seen higher in first half

Lafarge is set to report higher first-half profit on Thursday, boosted by price increases, cost controls and buoyant construction activity in emerging countries.     Lafarge will post a current o...
News - 31 July 2007

Govt probes high financing charges on cement industry, Philippines

Trade and Industry Secretary Peter Favila yesterday said he will validate the claim of local cement producers that high financing charges are responsible for the high prices of the construction ma...
News - 31 July 2007

Lafarge to invest EUR38.3m in upgrading Ukraine works

Lafarge is to invest EUR38.3m in upgrading the Mykolayivtsement cement works in Lviv region, a statement released by the company says.     According to the statement, given the price hikes for en...
News - 30 July 2007

Cement price hike on cards

UK cement producers are expected to introduce price hikes next year, according to reports from Construction News. They are looking to increase the price of bulk cement by as much as 20 per cent b...
News - 27 July 2007

Circle Cement to rehabilitate limestone quarry

Circle Cement is working on logistics to reclaim the more than 100-metre deep limestone quarry near Chikurubi Maximum Prison, the Herald Business has learnt.     In an interview, Circle Cement ac...
News - 26 July 2007

Lafarge to invest in Kaluga Cement

Lafarge plans to build a cement plant in the Kaluga Region not far from Moscow. It has won an auction for the right to develop 93ha (230 acres) of the Borshchevskoye deposit.     The company will...
News - 25 July 2007

Serbian Lafarge BFC net profit up to EUR21.5m 2006

Serbian cement producer  Lafarge BFC net profit increased to 1.7bn Serbian dinars (US$27.3m) in 2006, from 713m dinars (US$11.5m) in 2005, according to the company’s statement to the Belgrade Stoc...
News - 24 July 2007

Lafarge to approve US$41m Ventanas project design by year-end

The Chilean unit of Lafarge is expected to approve the final project to invest US$41m in the construction of a new milling plant in Ventanas in central region V.     Lafarge Chile - formerly know...
News - 24 July 2007