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Lafarge evacutes Syrian factory amid security concernsLafarge said Thursday it has evacuated its Syrian factory and halted all operations there indefinitely there amid security concerns. Lafarge operates a 3Mta factory in Ein Al-Arab, about 160km no...News - 26 September 2014 |
Berenberg upgrades ItalcementiAnalysts at Berenberg bank have upgraded its recommendation on Italian cement major Italcement's stock to 'buy' from 'sell' with a target price of EUR6.30. Berenberg said the planned merger betwe...News - 26 September 2014 |
Cameroon to suspend cement importsCameroon has decided to suspend imports of cement, local press report quoting a presidential directive to the Prime Minister to that effect. The 21 August directive made public by the Ministry o...News - 24 September 2014 |
Sabanci Holding eyes LafargeHolcim assetsTurkish conglomerate Sabanci Holding plans to bid for some of the assets Lafarge and Holcim must sell to receive approval from competition watchdogs ahead of its planned merger, a source with know...News - 24 September 2014 |
Elementia: Fortaleza brand to register 20% growth in 2014-15Despite a slow market, Mexico’s Cementos Fortaleza expects to close 2014 and 2015 with growth. Antonio Taracena, director general at Elementia, owner of the Fortaleza brand, attributes the growth ...News - 24 September 2014 |
Elementia plans IPO, MexicoMexico's Elementia is exploring the possibility of soon launching an initial public offering (IPO) to expand its cement business and fuel further acquisitions, the company's chief executive office...News - 23 September 2014 |
Mexico: Lafarge sells its minority stake in ElementiaLafarge announces the sale of its 47 per cent minority stake in its cement operations in Mexico to Elementia for a cash consideration of US$225m (EUR175m). The joint venture between Lafarge and ...News - 22 September 2014 |
Mediterranean's changing faceAgainst a background of war, economic uncertainty and favourable demographics, major cement producers in the Mediterranean balance their portfolios to seize opportunities offered by this challengi...Articles - 22 September 2014 |
CRH to compete for Lafarge and Holcim assetsIrish building materials manufacturer CRH plc is considering making an offer to purchase the assets that might stand in the way of the merger of Lafarge and Holcim, industry sources told Reuters. ...News - 19 September 2014 |
Seychelles: Lafarge to open 4000t cement siloLafarge is developing a 4000t cement silo in the Seychelles in partnership with Sri Lankan engineering company Dynamic Technologies. The structure will be built in Sri Lanka and shipped to the Ind...News - 19 September 2014 |