Lafarge suspends production until May, Slovenia

Lafarge suspends production until May, Slovenia
Published: 09 April 2009

Lafarge Cement, will shut down on Thursday its kiln until the end of the month because falling demand has caused a rise in its stocks of clinker and cement.

Chairman Iztok Virant said that the sales and distribution will be carried out without interruptions because the company had enough stocks.

If the activity in the construction sector picks up, the kiln will be relaunched before the beginning of May, he added.

Falling sales had already forced the company to suspend production in mid-December, which was followed by a regular overhaul. The production was suspended for two months and started again on 16 February.

LafargeCement said in a press release that sales in the first quarter of 2009 were in line with plans.

The company forecasts a 12% drop in sales in 2009 over 2008, blaming a slowdown in construction.

Source: STA Slovenska Tiskovna Agencija