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Lafarge withdraws from Cemento Avellaneda

Lafarge has withdrawn from Cemento Avellaneda, the Argentinean cement company. According to market sources, Lafarge has just sold its 43 per cent stake in Molins, the Spanish company through which ...
News - 27 January 2005

Titan unit seeks more of Egypt firm

An Egyptian company controlled by Lafarge (and Greece’s Titan has offered to buy an 11.55 per cent stake in Egypt’s Alexandria Portland Cement , the bourse said on Wednesday.   A statement from th...
News - 27 January 2005

Lafarge sticks by FY 2004 targets

Lafarge said it still expects full year 2004 operating profit to rise more than 10 per cent as it reported sales which reached the top end of analysts’ forecasts.  The company said sales last year...
News - 27 January 2005

Lafarge to curb power costs in Brazil

Lafarge, Brazil’s fourth largest cement maker, is planning to implement measures for reduction of its electricity costs in Brazil.   The company mulls using the local liberalised power market to r...
News - 26 January 2005

HeidelbergCement looks for further cost-cutting

German building materials group Heidelberg Cement AG is expected to make an effort to cut costs and clean up its balance sheet, following the appointment of supervisory board chairman Bernd Scheif...
News - 25 January 2005

Lafarge Malayan to focus on organic growth

Lafarge Malayan Cement Bhd (LMC), the country’s largest cement maker, has put on hold all capacity expansion and acquisition plans and will focus instead on organic growth - preserving its competi...
News - 24 January 2005

Locals cast doubt on Holcim Indian plans

Holcim may find it difficult to get a majority in ACC unless they hike their open offer by a substantial amount. All Indian cement companies are on a roll at present, ACC has for example boosted it...
News - 22 January 2005

252 Lafarge employees still missing

Lafarge is still reporting that 252 of its 625 employees working at its cement plant in Aceh, Indonesia are still missing after the tsunami swept through the facility on December 26, 2004. 362 oth...
News - 21 January 2005

Falsified cement data?

According to a report in the UK press Lafarge workers falsified data on cement supplied to its ready mixed concrete customers  Lafarge has been selling its ready mixed concrete customers cement co...
News - 21 January 2005

Atlas searches for investor

Atlas, leader in the domestic market for construction chemicals, continues its search for funding for its own cement factory. The task is a difficult one, considering the currently unfavorable mark...
News - 19 January 2005