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Lafarge places seven-year EUR500m bond

Lafarge placed today, under its Euro Medium-Term Note program, a EUR500m bond with a seven year maturity and fixed annual coupon of 5.875% to institutional investors.   While Lafarge had no immedi...
News - 03 July 2012

Defending profitability key for European companies

Fitch Ratings says that the ability to defend profitability in emerging countries is the most critical issue for the rating of the European cement companies rated by the agency, Holcim Ltd. ('BBB'...
News - 03 July 2012

San Antonio: IEEE 2012

San Antonio, Texas, was the site for the IEEE-IAS/PCA 54th Cement Industry Technical Conference held between 13-17 May 2012. Nearly a 1000 delegates listened to dozens of presentations on the stat...
Articles - 02 July 2012

Waste heat for energy

As part of its strategy to lower its CO2 emissions, Lafarge is improving its energy efficiency as well as using a higher level of alternative fuels and renewable energy. In the Philippines, the co...
Articles - 27 June 2012

Managing African cement

Sub-Saharan Africa has been experiencing strong growth of around 7-10 per cent CAGR in the majority of its cement markets for the past 15 years. This has led to quite a dramatic evolution of the i...
Articles - 27 June 2012

Lafarge to cut a further 97 jobs in France

Lafarge expects to cut a further 97 jobs in its domestic market of France as part of a plant to merge its three French divisions into one, to be headquartered in the Paris region. Lafarge, whic...
News - 27 June 2012

Moody's says CCI ruling to hurt Holcim & Lafarge

Moody's has said the Competition Commission of India's (CCI) decision to impose a penalty on 11 cement producers is 'credit negative' for global cement majors Holcim and Lafarge both of which have...
News - 26 June 2012

Aditya Birla eyes stake in Jaiprakash cement business

The Aditya Birla group is emerging as the frontrunner to acquire a stake in Jaiprakash Associates Ltd's (JAL) cement business, according to local press reports. "We have emerged as the front-runn...
News - 26 June 2012

Indian producers issued with record fine on price fixing

Eleven Indian cement producers have been issued a total fine of INR60bn (US$1.1bn) for price fixing, the highest ever fine issued by the country’s antitrust authority in its three-year existence. ...
News - 21 June 2012

Lafarge Canada plans Exshaw expansion

Lafarge Canada plans to expand its Exshaw cement plant which will involve a new kiln line as well as upgrades to meet  higher environmental standards and improve productivity. The company is no...
News - 21 June 2012