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Lafarge France to modernise Martres-Tolosane unit

Lafarge France will invest EUR100m in the modernisation of its cement plant at Martres-Tolosane in Haute-Garonne, France. The company is currently selecting a contractor to carry out the work, ...
News - 12 May 2017

Lafarge Africa seeks approval to raise NGN140bn

Lafarge Africa plans to seek shareholders' approval next month to raise NGN140bn (US$445.86m) and also convert some loans into equity as part of the capital injection, the company said on Monday. ...
News - 09 May 2017

LH faces spectre of a lost year

The shock announcement on Monday that Eric Olsen, CEO of LafargeHolcim, has resigned in the wake of revelations of a probe into operations in Syria, leaves the world's biggest cement company witho...
News - 28 April 2017

Lafarge Africa revenue rises

Lafarge Africa Plc announced a profit after tax of NGN5.2bn (US$17m) versus NGN1.9bn in the same period of last year driven by an increase in revenue, comparatively higher gross margin and higher ...
News - 26 April 2017

Mbeya signs cooperation agreement Kibo Mining

Tanzania-based Mbeya Cement Co, a LafargeHolcim subsidiary, has signed a cooperation agreement with coal development company Kibo Mining which covers a range of potential areas of collaboration in...
News - 25 April 2017

LafargeHolcim CEO resigns

LafargeHolcim’s Board of Directors today announced it has accepted the resignation of Eric Olsen, CEO of LafargeHolcim. Eric Olsen will leave on 15 July 2017, two years after taking up the CEO rol...
News - 24 April 2017

Côte d'Ivoire: LafargeHolcim plans to double output potential from May

As of May, LafargeHolcim intends to double its production capacity in Côte d’Ivoire to 2Mta. The expansion will primarily be the result of a new crusher with a capacity of 1Mta, which is current...
News - 20 April 2017

Nigeria: Ashaka Cement sees 27% profit drop in 2016

In its audited results Ashaka Cement reported revenues slipping to NGN17.351bn (US$56.8m) in 2016 from NGN17.145bn the previous year. Profit before tax fell from NGN3.209bn in 2015 to NGN2.663b...
News - 18 April 2017

Adebajo resigns as executive director of Lafarge Africa Plc

Adepeju Adebajo has resigned as an executive director of Lafarge Africa Plc, the company's board of directors announced. Prior to her resignation, Mrs Adebajo was managing director, Wapco Operat...
News - 11 April 2017

Indonesia: changing perspectives

Following high capacity utilisation rates and the prospect of market growth going forward, the decade running up to 2015 looked promising for Indonesian cement producers. However, as capacity exp...
Articles - 10 April 2017