Cement News tagged under: Lafarge Jordan Cement
Lafarge Jordan Cement set to cut 200 jobs05 November 2019, Published under Cement NewsLafarge Jordan Cement has announced it would be cutting 200 jobs to remain in business after accumulating losses of JOD62.2m (US$87m) following the closure of one plant in the country and the partial shutdown of another, according to Reuters. The company recorded losses of JOD34.6m in 2018, compared to JOD33.3m in the previous year. "The decision is part of the company plan to ensure its continuity," said Samaan Samaan, CEO of Lafarge Jordan Cement, to Reuters. Mr Samaan also noted that t... |
Lafarge Jordan tells staff to have three-month paid vacation09 March 2017, Published under Cement NewsLafarge Jordan (LafaregHolcim group) announced on Saturday that it was giving its workers at the Fuheis cement factory a three-month paid vacation to reduce costs. The paid vacation went into effect as of 2 March, according to Lafarge, which said in a statement that it guarantees full commitment to the financial and administrative rights of the cement factory workers during the paid leave. The decision excluded a number of workers whose administrative jobs necessitate their presence at... |
Lafarge Jordan Cement 2011 losses10 April 2012, Published under Cement NewsLafarge Jordan Cement reported JOD20m worth of losses in 2011 and revenues dropped 21 per cent YoY to JOD134m, according to reports in The National. The company, which once had a monopoly in the country, has been struggling from increased competition ever since a fourth cement factory opened in March last year, while rising costs have impacted revenues. Lafarge Jordan Cement has two plants, in Al Fuheis and Al Rashadiyah, with a combined production capacity of 4.8Mta. Production i... |
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