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Bamburi confident on second-half turnaround

Kenya's Bamburi Cement reported a 12 per cent decline in pretax profit for the first six months of 2013 but is confident of a second-half turnaround in two of its core East African markets. In t...
News - 08 August 2013

Lafarge

Lafarge's first-half turnover eased by 4.8 per cent to EUR7248m and the EBITDA declined by 14 per cent to EUR1302m, while the trading profit fell by 21.8 per cent to EUR791m. The gain from the sal...
Corporate - 05 August 2013

Lafarge Tarmac celebrates Dunbar cement plant’s 50th anniversary, UK

Lafarge Tarmac has celebrated a milestone anniversary at its landmark Dunbar plant, Scotland’s only cement manufacturing operation. The Dunbar plant is one of East Lothian’s most enduring busin...
News - 05 August 2013

North Asia: mixed fortunes

A cooling-off in cement consumption growth is giving China, the largest cement producer in North Asia and the world, the chance to reassess its industry structure to ensure a sustainable future. F...
Articles - 05 August 2013

Lafarge Cement Zambia scales back exports to meet domestic needs

Lafarge Cement Zambia has reduced its exports by 15 per cent due to buoyant domestic construction market needs. Eugene Chungu, corporate affairs and communication director, told AllAfrica press: ...
News - 02 August 2013

Ashaka Cement first-half pretax profit falls 54.4%, Nigeria

Ashaka Cement reported a 54.4 per cent decline in first-half 2013 pretax profit to NGN1.65bn (US$10.3m) from NGN3.55bn a year ago. Turnover also fell to NGN11.81bn during the six months to June 3...
News - 02 August 2013

Calderys announces Indonesian joint venture

Refactory solutions specialists Calderys has signed a joint venture (JV) agreement with Indonesian refractory manufacturer PT Indoporlen. Calderys, a subsidiary of Imerys of France, has been a ...
News - 02 August 2013

Fitch upgrades Cemex to B+

Fitch upgraded its foreign and local issuer default rating of Cemex to B+ from B, the ratings agency said in a report. The upgrade is based on Cemex's improved capital structure and "the gradual...
News - 01 August 2013

India: feeling the heat

The trend witnessed in the quarterly performance of India’s cement companies during January-March 2013 indicates that the industry is still far from being out of the woods. UltraTech Cement...
Articles - 31 July 2013

Lafarge opens Sagunto laboratory

Lafarge has inaugurated its first R&D laboratory in Europe at Sagunto, Spain. The centre, which is the company’s second in the world after its US facility in Houston, will research the use of ceme...
News - 29 July 2013