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Lafarge sells Honduras operations to Cementos Argos

Lafarge announced the sale of its cement operations in Honduras to Cementos Argos for a total enterprise value of EUR435m, the France-based cement major announced in a statement today. This enterp...
News - 03 September 2013

Lafarge Cement Zimbabwe 1H profit slips

Lafarge Cement Zimbabwe’s profit for the first half of 2013 fell 3.8 per cent, but the company expects a better performance in the remainder of the year due to cost reduction measures and an impro...
News - 03 September 2013

UltraTech Cement

UltraTech Cement has reported a 13.5 per cent fall in its profit after tax in the quarter ending 30 June, dropping from INR7.78bn in 2Q12 to INR6.73bn (US$111m). Profit before interest, depreciati...
Corporate - 02 September 2013

Lafarge Pakistan Cement earnings rise

Lafarge Pakistan Cement posted earnings growth of 73.6 per cent in the first half of the year. According to a notice sent to the Karachi Stock Exchange the company’s profits jumped to PKR865m with...
News - 27 August 2013

Lafarge Philippines benefits from strong cement demand

Domestic cement demand in the 1H13 has seen a sharp rise in the Philippines as sales have jumped by 6.2 per cent compared to the same period in 2012. “The continued increased in infrastructure ...
News - 22 August 2013

Malaysia: Lafarge's LMCB secures loan agreement

Lafarge Malaysia Cement Bhd (LMCB) has converted the MYR580.69m (USS$225m) fixed rate notes due 2013 into an inter-company term loan with M-Cement Sdn Bhd. The company executed a loan agreement w...
News - 21 August 2013

Cement makers hit by infrastructure slump in emerging markets

Cement producers have been sliding on the financial stock exchanges as emerging market bonds and equities tumble, according to the Financial Times. Many of the region’s building materials groups h...
News - 20 August 2013

Lafarge Malaysia to open R&D laboratory

Lafarge Malaysia Bhd plans to set up a research and development laboratory to provide solutions to Malaysia’s construction industry and anticipated housing requirements. Bradley Mulroney, Presid...
News - 14 August 2013

Zambia prices reach record level

Cement prices in Zambia's capital, Lusaka, have increased for the third time in a month to reach record levels. Prices are currently ZMW85,000 (US$15.60), the highest ever seen on the Zambian ...
News - 09 August 2013

Acquisitions, improved markets drive Eagle's 1Q

In the first quarter of its financial year to 31 March 2013, Eagle Materials' turnover, including its share of the Texas Lehigh cement joint venture, rose by 43.7 per cent to US$255.4m as the comp...
News - 08 August 2013