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Incehsa denies interest in rival

Honduran cement company Incehsa has dismissed speculation that its French parent company Lafarge has launched a $US50mn bid for its Honduran competitor Cemento América. Honduran daily La Prensa, ci...
News - 13 August 2004

Argentine cement maker seeks buyer

Loma Negra, Argentina’s largest cement company, is putting itself up for sale in a deal that could attract global industry powerhouses, people familiar with the matter said.  Bankers say the comp...
News - 12 August 2004

Melón posts profits

Chilean cement company Empresas Melón (owned by Lafarge) posted a 12.8bn-peso (US$20m) consolidated net profit in the first half, up 11.2% from 1H03, the company said in a filing to the country’s ...
News - 12 August 2004

Supreme Court under pressure

Japanese-owned cement importer Southern Cross Cement Corp yesterday lashed out at the Department of Trade and Industry (DTI) and local cement manufacturers, saying pressure was being applied on th...
News - 11 August 2004

Heracles Cement H1 profit up

Greek cement producer Heracles, majority owned by France’s Lafarge, said first half group pretax profit grew 37.5 percent to EUR55m (US$67.42m).  Group sales rose 7.6 per cent to EUR299m, with impr...
News - 10 August 2004

Belarus to sell stake?

Belarus’ government plans to sell its 20-23% stake in one of the country’s three large cement plants, Belarus’ Architecture and Construction Minister Gennady Kurochkin told a press conference Thur...
News - 06 August 2004

Lafarge North America Reports 2Q

Lafarge North America Inc, the leading supplier of construction materials in the US and Canada, today reported second-quarter 2004 net income of $102 million, or $1.34 per share diluted. The res...
News - 04 August 2004

Africa calling

Lafarge, is reportedly  broadening its investment in Africa. Its president for Africa, Tony Hadley, who was in the country for the announcement of Bamburi’s half-year results, said this is was p...
News - 04 August 2004

Heracles fears no Olympic aftershock

Heracles, the largest cement provider for the Athens Olympics said Tuesday business would shrink after the Games but dismissed fears that the local construction industry, Greece’s main engine of e...
News - 28 July 2004

Lafarge: Romania cement sales up

Lafarge said on Friday its first-half cement sales in Romania rose by 27.7 per cent year-on-year.  The sales growth in Romania exceeded the average rise of Lafarge’s cement sales in Central Europe,...
News - 26 July 2004