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Aveng calls for more spend

Aveng, South Africa, calls for more spend on infrastructure Trade and Industry Editor SA’s infrastructure is starting to creak, with government not yet spending enough to arrest the deterioration,...
News - 15 September 2004

Local producers under pressure

South Africa may face a shortage of cement by 2007.  SA’s leading producer, Barloworld subsidiary PPC Cement, recently brought forward its expansion plans, announcing last month that it would add ...
News - 14 September 2004

Lafarge allowed to raise capital

The Philippines Securities and Exchange Commission (SEC) has allowed the local units of French conglomerate Lafarge group to increase their capital stock as payment for liabilities against their p...
News - 13 September 2004

Lafarge widens first half margins

On the back of a 7.0% increase in turnover to €6,794m, Lafarge increased the operating profit at the EBITDA level by 18.2% to €1,317m and the trading profit by 30.7% to €876m. Helped by a 28.5% re...
News - 10 September 2004

Lafarge lifts guidance after forecast-beating H1.

Lafarge’s first-half net profit more than doubled on higher demand for building materials amid better weather in Europe and North America, prompting the world’s biggest cement maker to improve its...
News - 09 September 2004

Republic Cement to issue P1.35-B convertible notes

Republic Cement Corp. yesterday said it will issue P1.35 billion in convertible loan notes to Lafarge Cement Philippines, Inc. in exchange for its stake in Continental Operating Corp.  In a disclo...
News - 06 September 2004

Republic Cement to issue P1.35-B convertible notes

Republic Cement Corp. yesterday said it will issue P1.35 billion in convertible loan notes to Lafarge Cement Philippines, Inc. in exchange for its stake in Continental Operating Corp.  In a disclo...
News - 03 September 2004

Tariffs on imports removed, Egypt

The Egyptian Minister of Foreign Trade and Industry, Rashid Mohamed Rashid, has announced that Egypt will remove tariffs on cement imports which amount to 10 per cent for unpacked cement and 20 pe...
News - 02 September 2004

Titan completes Pennsuco enlargement early

Titan’s first half turnover increased by 7.9% to €5261.7m, which represents a 12.4% advance at constant exchange rates.  The operating profit at the EBITDA level rose by 19.5% to €144.2m, which re...
News - 31 August 2004

Cemex is in good shape to fight for Loma Negra

Cemex, the third largest cement producer at global level, would be prepared to invest an additional US$1 billion not accounted for in its 2004 budget if it decided to participate in the bidding pr...
News - 31 August 2004