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Colombia’s Argos closes 2012 with 25% rise in EBITDA

Argos, Colombia’s largest cement producer, recorded a 25 per cent YoY rise in EBITDA in 2012 and an 82 per cent rise in operating income. The group, which also operates in the Caribbean and US, r...
News - 26 February 2013

Lafarge improves operational performance

Full-year 2012 results published by global cement major Lafarge showed strong growth in emerging markets and improvements in operational performance, and it now expects to meet most of its cost-cu...
News - 25 February 2013

Lafarge's 2012 consolidated sales rise on higher prices, emerging markets

Lafarge reported a 3.5 per cent rise in consolidated sales for 2012 driven by price increases across all product lines, higher cement volumes in Latin America and Asia and favourable foreign excha...
News - 20 February 2013

Nigeria: managing the surplus

Earlier this week United Cement Company of Nigeria Ltd (Unicem) became the latest domestic producer to announce a new round of investment as it aims to double capacity by 2016. But with the countr...
News - 18 February 2013

Temasek Holdings in line for Lafarge India stake?

Temasek Holdings is reportedly among those shortlisted by Lafarge as a potential buyer for a minority stake in its Indian arm. Lafarge India plans to sell a 20-30 per cent stake to raise INR132...
News - 14 February 2013

Boral boosted by Asian acquisition from Lafarge

Boral increased its turnover for the six months to the end of December by 14 per cent to AUD2774m (€2130m) and the EBITDA was ahead by eight per cent to AUD256m (€197m). Without acquisitions, the ...
News - 13 February 2013

The Philippines: Southeast Asia Cement reports eightfold profit growth in 2012

Southeast Asia Cement Holdings Inc (Seacem) grew its profits by more than eightfold last year, the company said. "The board of directors approved the separate audited financial statements of the ...
News - 12 February 2013

Nigeria: Lafarge wins excellence awards

Lafarge Cement WAPCO Nigeria Plc has won nine awards for excellence from different stakeholders and organisations in the past year. The awards span different keys areas in which the company has ma...
News - 12 February 2013

Oman Cement line upgrade

Oman Cement Company (OCC) has a significant and influential place in the sultanate. The company operates a cement plant close to the capital Muscat, with two 2000tpd dry-process clinker lines and ...
Articles - 12 February 2013

Uganda: MPs set to start debate on Dura cement report

MPs have begun to debate on a highly-billed report about the cancellation of a mining lease that cost taxpayers UGX43.5bn (US$16.4m). The report, which was tabled by the Public Accounts Committe...
News - 11 February 2013