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Lafarge names Bruno Lafont as new CEO

Lafarge said on Tuesday that Bruno Lafont, currently group chief operating officer, would become its new chief executive from January 1.  Lafont, who has spent all his career at Lafarge, will repl...
News - 27 September 2005

Lafarge CEO sees further cement recovery, improved margins vs energy costs

Lafarge CEO Bernard Kasriel predicted the modest recovery in cement and granulate volumes seen in the second quarter will persist through the second half, and indicated that margins vis-a-vis ener...
News - 22 September 2005

UK Blue Circle Sets Up Subsidiary in Argentina

British cement group Blue Circle, a subsidiary of Lafarge, has set up a subsidiary in Argentina. The subsidiary will specialise in the retail and distribution of primary materials and construc...
News - 16 September 2005

Lafarge warns unclear rules stifle business in Venezuela

Venezuela’s constantly changing rules, stringent price controls and government inefficiency are making it extremely hard to do business there, officials at Lafarge warn.  "The rules here chang...
News - 15 September 2005

Lafarge hit by lower cement prices in Brazil, Malaysia and Korea

On the previously announced 6.3% increase in turnover 5.7% to €7,220m for the first half, Lafarge’s EBITDA for the period fell by 3.7% to €1,291m.  The trading profit declined by 7.3%, or by 9.3% ...
News - 09 September 2005

Lafarge 1H net profit down

Lafarge said its first-half net profit fell by 18% to EUR359m on difficult market conditions in Brazil, Malaysia, Germany and South Korea.  The company said current operating income declined b...
News - 08 September 2005

Boral attractive, but near-term bid talk seen overdone

A run of takeovers among global building products groups could deter any near-term bid for Australia’s Boral Ltd, despite a sharp price spike on takeover speculation, fund managers and analysts sa...
News - 08 September 2005

Cement plant expansion anticipates change in SA

The massive expansion on the cards for SA’s cement industry may appear a little ambitious, especially as cement sales growth rates are expected to taper off from this year. PPC and Lafarge said re...
News - 08 September 2005

Lafarge buys majority stake in Cementos Esfera

Lafarge has acquired an undisclosed majority stake in Spanish cement producer Cementos Esfera. The firm has confirmed that the operation, which was closed out on July 23, is in response to its pla...
News - 08 September 2005

Cement caravan fails to hit the pavement

When Albuquerque Mayor Martin Chavez announced in mid-August that he and Chihuahua, Mexico Mayor Juan Blanco had worked a deal to avert a cement shortage crisis in New Mexico, he said a "caravan" ...
News - 07 September 2005