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Lafarge posts strong FY profit

Lafarge reported a jump in full-year profits, within the range of analyst forecasts, citing positive market trends and the impact of restructuring, and said it expects to exceed its own targets fo...
News - 23 February 2007

Germany Court finds claim against cement firms cartel admissible

The Duesseldorf regional court in Germany found admissible the EUR114m ($149.8m) compensation claims against six leading cement producers accused of price-fixing, according to an interim judgement...
News - 22 February 2007

Mediterranean find petcoke cheaper option

Cement makers in Turkey, Greece and Italy are seeking more steam coal to replace expensive petcoke for 2007 delivery, traders and cement industry sources said. Spot petcoke for delivery within th...
News - 22 February 2007

German Court finds claim against cement firms cartel admissible

The Duesseldorf regional court in Germany found admissible the 114 mln euro ($149.8 mln) compensation claims against six leading cement producers accused of price-fixing, according to an interim j...
News - 22 February 2007

Lafarge Malayan Cement books sharply higher annual profit

Thanks to recovery in domestic cement prices, Lafarge Malayan Cement Berhad has booked pre-tax profit of RM212.095m (US$60.7m) for the 12 months ended 31 December 2006, sharply higher than RM29.34...
News - 20 February 2007

New contract for EADS Sodern

Lafarge North America has selected EADS SODERN as the supplier of a CNATM Generation III (Controlled Neutron Analyzer) for Cement. The CNA is a neutron generator-based analyzer system that measure...
News - 19 February 2007

Polish cement sector awakens

Domestic cement manufacturers in Poland have to satisfy the construction sector’s demand. Therefore they will invest as much as EUR1bn. However, prices of cement are still set to rise. According...
News - 15 February 2007

Bamburi Cement posted 3.8bn pretax profit in 2006

Bamburi Cement has posted a pretax profit of 3.8 billion shillings for the year ending December 31, 2006. Chairman, Richard Kemoli attributed the high profits on the ability for the company to ex...
News - 14 February 2007

Lafarge FY 06 Sales EUR16.9bn Vs EUR14.48bn

Lafarge said it recorded revenues of EUR16.9bn in 2006 compared to EUR14.48bn in 2005.   In a statement, Lafarge said that "in order to reflect the divestment underway of our Roofing business, an...
News - 14 February 2007

Portugal Cimpor Stepping in Turkey, China Seen in Q1 2007

Cimpor is expected to complete its entrance on Chinese and Turkish markets in the first quarter 2007, according to local press reports.    The company has already signed binding contracts for acq...
News - 14 February 2007