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Spotlight on the Sun Belt

The global economic downturn hit the southern US cement markets hard but to varying degrees with new capacity additions compounding the issue. As the region begins to slowly recover, this article ...
Articles - 03 April 2013

Seacem sells entire stake in Lafarge Republic, Philippines

Southeast Asia Cement Holdings Inc (Seacem) has sold its entire stake in listed affiliate Lafarge Republic Inc worth PHP11.32bn (US$227.9m). The stake has been sold as part of the company's bid to...
News - 02 April 2013

Lafarge North America sells Wichita, Kansas, assets to Summit Materials

Lafarge North America is selling its Wichita aggregates, concrete and asphalt/paving operations to Summit Materials. The Lafarge-Summit agreement involves Lafarge’s three aggregate quarries, fiv...
News - 02 April 2013

Lafarge Malayan Cement mulls expansion

Lafarge Malayan Cement may expand capacity in a bid to maintain market share as local rivals increase capacity amid rising domestic demand. The company is the country's leading cement producer ...
News - 01 April 2013

Zambia cement demand set for strong growth

Zambian cement demand is forecast to double over the next 10 years, according to the country’s largest cement producer Lafarge Zambia Cement. Domestic consumption in 2012 is expected to have rea...
News - 28 March 2013

Lafarge Nigeria pretax profits more than doubles

Lafarge's Nigerian unit, WAPCO, said its full-year pretax profit more than doubled to NGN21.26bn (US$134.26m), compared with NGN10.34bn  a year ago. Turnover also rose to NGN87.96bn during the pe...
News - 28 March 2013

Heracles to permanently close Halkis cement works, Greece

Heracles Cement, the largest cement producer in Greece, is to permanently close the doors on its Halkis cement plant as the company restructures its business to adjust to the struggling domestic c...
News - 27 March 2013

China’s transition underway

The speed of China’s cement industry restructuring was always going to be a drawn-out affair. The scale of the market and ambitious modernisation plans of a government intent on reshaping the indu...
Articles - 27 March 2013

Lafarge Cement Zimbabwe pledges funds towards community development

Lafarge Cement Zimbabwe has pledged US$3m towards the Mashonaland East community share ownership fund to meet the requirements of the country’s economic and empowerment regulations. The cement ...
News - 26 March 2013

Event preview: BusinessCem Moscow 2013

BusinessCem has a strategic importance in addressing the markets of Russia and CIS countries as well as the European community. Last year, the organisation held its 11th International Central As...
Articles - 25 March 2013