Lafarge to invest EUR6.5m in Romanian plant

Lafarge to invest EUR6.5m in Romanian plant
Published: 29 November 2006

Lafarge plans to invest EUR6.5m to implement the European environment protection standards at its cement plant in Hoghiz, in the Romanian central county of Brasov, by 2007 when Romania will join the European Union (EU), the Hoghiz plant’s director Edmund Piess said on November 29, 2006.
The company spent EUR5m (US$6.59 mln) of the total to acquire an air emissions reducing filtre, in compliance with EU standards to become effective in Romania in 2007.

The company targets to implement European Integrated Pollution Prevention and Control (IPPC) standard in 2007.
French Lafarge, which owns in Romania cement producer Lafarge Cement, plasterboard producer Lafarge Arcom Gips and limestone quarry Lafarge Agregate Betoane, has so far invested EUR320m  in the country, Lafarge Cement’s industrial director William Pottier said.
Lafarge Agregate Betoane closed the first nine months of 2006 with a turnover of EUR21.64m up 71.4 per cent YoY.