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Jaypee acquires UP Cement’s assets

Jaypee Associates have acquired the assets of UP State Cement Corporation in a hotly-contested bid. The acquisition of the 2Mt capacity units will cost the Gaurs Rs 459 crore (US$100m). Besides th...
News - 31 January 2006

Lafarge upgraded to ’hold’ at SG Securities

Shares in Lafarge SA have been upgraded to ’hold’ from ’sell’ at SG Securities, with an increased fair value target of Euro 89 from Euro 63, dealers said. SG said Groupe Bruxelles Lambert’s 6.5 per...
News - 30 January 2006

GBL acquires stake in Lafarge

Belgian holding company Groupe Bruxelles Lambert SA has amassed a 6.5 per cent stake in France’s Lafarge SA over several months after it decided the cement giant was undervalued, said Thierry de R...
News - 27 January 2006

Jaako Poyry wins FR Cement order

Jaakko Poyry Group Oyj, Sweden said its unit Electrowatt-Ekono Philippines has received an order worth Euro 0.9m from FR Cement Corporation. The three-year operation and maintenance agreement is an...
News - 27 January 2006

Exane ups Lafarge to "outperform"

Exane BNP Paribas on Thursday raised its rating for Lafarge , the world’s biggest cement maker, to "outperform" from "neutral", citing savings from an expected restructuring among other factors. E...
News - 26 January 2006

Lafarge tyre protest Seattle

South Seattle community members were united at a public hearing Tuesday night over concerns about plans to allow a cement company to burn whole tyres in its kiln on a trial basis. The Puget Sound ...
News - 26 January 2006

Lafarge UK to move

Lafarge Cement UK is moving its headquarters from Chilton in Oxfordshire to new purpose-built premises at the NEC, Birmingham. The firm yesterday said the offices would also serve as a showcase fo...
News - 26 January 2006

Cement maker’s court fight with DEQ delayed

Mercury emissions from the state’s largest cement maker are pitting the Michigan Department of Environmental Quality against Lafarge Midwest Inc of Alpena. The two sides were set to square off tod...
News - 20 January 2006

Damage claim against German producers

The court case against three German cement producers for damages as a result of an illegal cartel, originally launched last August, has now been extended to cover all of the six leading cement grou...
News - 19 January 2006

MBM could fuel North American cement kilns

Disposing of cattle meat and bone meal, or MBM, has been an environmental problem since the mid-1990s, when its use as animal feed was banned in Europe following outbreaks of Bovine Spongiform Enc...
News - 19 January 2006