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Canada: Lafarge improving environmental impactLafarge has completed a CAD20m (US$15.3m) modernisation project at its Exshaw plant in Alberta. The works focussed on improving the plant’s environmental impact but also nearly doubled output from...News - 13 September 2016 |
Tough operating climate for Lafarge Malaysia BhdKenanga Research, the research arm of Kenanga Investment Bank, has rated the outlook for Lafarge Malaysia Bhd as neutral, because of the country's weak property market coupled with the current ...News - 09 September 2016 |
Bangladesh: BCIC plans new Chhatak mill as cement demand risesBangladesh Chemical Industries Corp (BCIC), a unit of Bangladesh Ministry of Industries, is implementing a new cement mill project as the company converts its wet-process line at Chhatak Cemen...News - 08 September 2016 |
CRHCRH's first-half turnover advanced by 35 per cent to EUR12,693m and EBITDA more than doubled to EUR1120m, with the underlying increase being 20 per cent. The trading profit rose from EUR189m to E...Corporate - 02 September 2016 |
LafargeHolcimLafargeHolcim has agreed to sell its 65 per cent stake in LafargeHolcim Vietnam to Siam City Cement Company, assuming that the existing minority shareholder does not exercise its pre-emption right...Corporate - 02 September 2016 |
Indian cement producers to appeal CCI finesLafargeHolcim, India Cements and Ramco Cements have said that they will appeal against yesterday’s ruling by the Competition Commission of India (CCI) which levied fines totalling INR67bn (US$1bn)...News - 02 September 2016 |
Competition Commission of India imposes US$944m fine for cartelisationThe Competition Commission of India (CCI) has levied a fine of INR63.2bn (US$944m) on 10 cement companies whom it accuses of conspiring to fix prices in contravention of competition law. In additi...News - 01 September 2016 |
Nigeria: cement prices in Lagos rise by over a thirdThe price of bagged cement in Lagos has risen sharply overnight, according to reports in The Nation. A 50kg bag now retails for between NGN2200 and NGN2300 (US$7-7.30), a rise of around 40 per cen...News - 31 August 2016 |
Lafarge Iraq signs transportation dealLafarge Iraq have signed an agreement with Iraq’s General Company for Land Transportation (GCLT), which is owned by Iraq’s Ministry for Transport, for the transportation of its cement products. ...News - 31 August 2016 |
Chinese firm invests in ZimbabweMortal Investments Manufacturing Co announced that it is constructing a 1Mta plant in Redcliff, Zimbabwe. The arrival of the Chinese firm in the country is expected to intensify competition in the...News - 26 August 2016 |