Cement News tagged under: Lafarge
Lafarge 9M12 sales increase, reduces Western Europe outlook09 November 2012, Published under Cement NewsLafarge reported a sales rise for the third quarter and year-to-date, driven by successful price increases across product lines and by growth in many emerging markets. The company has maintained its outlook for full-year market growth but lowered its outlook for Western Europe. In the third quarter alone, consolidated sales were up four per cent to €4393m while EBITDA rose six per cent to €1071m. Current operating income up 9 per cent to € 815m. Over the first nine months of 2012, consolid... |
Eagle Material reports second quarter rise in earnings, USA30 October 2012, Published under Cement NewsEagle Materials has reported continued growth in sales volumes and earnings in the second quarter as revenues rise 22 per cent to US$164.7m. Second quarter sales volumes improved across all major business lines and wallboard net sales prices increased 30 per cent as compared to the prior year's second quarter. Improved second quarter operating cash flow was used to fund capital expenditures, pay dividends and reduce debt which further strengthened our financial position. Eagle ended the qua... |
Breedon Aggregates withdraws from Tarmac/Lafarge asset bid, UK19 October 2012, Published under Cement NewsBreedon Aggregates, the building materials group, said it has withdrawn from bidding to acquire assets being off-loaded by Lafarge and Tarmac. The two firms have been forced to sell by the Competition Commission before a construction materials joint venture can go forward. ??Earlier in October, Breedon submitted offers to the sellers' advisers for a number of the assets. "In the event, the group has been unable to meet the value expectations of the sellers in respect of the majority of... |
Lafarge appoints director of R&D15 October 2012, Published under Cement NewsCarlos Espina has been appointed as Director of Research and Development of the Lafarge Group, with effect from 1 Octbober 2012. Mr Espina was formerly Chief Executive Officer, ArcelorMittal Méditerranée, a position he had held since July 2009. He began his career in the United Kingdom as a Researcher at AEA Technology. In 1995 he joined the R&D Centre of Aceralia Corporación Siderúrgica as Manager of the Product Applications Engineering Department, before becoming Vice President of Intel... |
Dunbar Cement Works celebrates safety milestone, UK11 October 2012, Published under Cement NewsThe Lafarge cement works at Dunbar, UK has celebrated a safety milestone after achieving a year without a ‘Lost-Time Incident’, where an accident causes an employee or contractor to take time off work. The milestone was reached in September after a heightened focus on good leadership, practical workshops, and proactive reporting and remedying of potential hazards. It was celebrated with a special safety day, attended by Rajeev Ramankutty, industrial director for Lafarge Cement UK. All e... |
Lafarge awarded Carbon Trust Standard recertification11 October 2012, Published under Cement NewsLafarge, has joined an elite set of ‘green' firms to achieve recertification of the Carbon Trust Standard. Only a third of companies have succeeded in regaining the Standard - the world's first carbon reduction award for organisations taking action on climate change. Lafarge Aggregates & Concrete UK, based in Syston, Leicestershire, obtained recertification thanks to ever evolving energy saving initiatives which have slashed carbon emissions by 16 per cent over the last five years. The ... |
ArcelorMittal chief to bid for Lafarge/Tarmac assets, UK - report10 October 2012, Published under Cement NewsChairman and CEO of global steel giant ArcelorMittal, Laskshmi Mittal, is reportedly bidding for assets put up for sale by Anglo American and Lafarge UK, according to reports by Sky News. Mr Mittal, whose wealth was estimated at £12.7bn, is said to be bidding for the assets which have been ordered to be sold by the UK’s Competition Commission as a pre-condition for the completion of the Tarmac (Anglo’s UK business) and Lafarge UK merger. In a statement in May, the Competition Commissio... |
Paramount unveils plans for former Lafarge plant site, UK08 October 2012, Published under Cement NewsParamount Pictures has unveiled plans to build one of the world’s biggest theme parks in Britain – creating 27,000 jobs at a former cement works. The huge GBP2bn attraction will be built near Dartford, Kent, to rival Disneyland Paris. It will be built on brownfield land on the Swanscombe Peninsula, between Dartford and Gravesend, Kent, which was formerly a cement works owned by Lafarge. The entertainment complex will be twice the size of the Olympic Park and be among the four largest t... |
Lafarge divests in US assets to Eagle, market improves01 October 2012, Published under Cement NewsLast week, Lafarge announced the disposal of two cement works and a network of ready-mix concrete plants in Missouri and Oklahoma, USA, to Eagle Materials Inc, adding US$446m (EUR344m) to its coffers. With the deal, Eagle Materials acquires the 1Mta Kansas City (MO) and the 0.6Mta unit in Tulsa (OK) as well as related distribution terminals, two aggregate quarries, eight ready-mixed concrete businesses and a fly ash firm. The move is seen by some as a win-win for both parties. Eagle secures... |
Lafarge wins rail freight ‘Oscar’ for Northfleet reconnection project24 September 2012, Published under Cement NewsLafarge is celebrating after picking up the highest accolade at the Rail Freight Group’s Awards for its Northfleet rail reconnection project in northwest Kent. At a prestigious event, led by Rail Freight Group (RFG) chairman Lord Tony Berkeley, Lafarge was chosen ahead of DB Schenker Rail, and Network Rail & Funding Partners, in the Rail Freight Project of the Year category. Lafarge’s Northfleet rail project involved the reconnection of its former cement works on the south... |