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Lafarge extends EUR1.2bn credit facility, FranceLafarge said Tuesday it has extended its syndicated credit facility by two years from July 2013 to July 2015 for a total amount of EUR1.2bn. The extended facility supported by 24 lenders comple...News - 20 March 2012 |
Lamarche to be named on Lafarge's boardGerard Lamarche, managing director of Groupe Bruxelles Lambert, will be named on the board of French cement maker Lafarge. He will replace Thierry de Rudder. Lamarche, 50, graduated from the Univ...News - 20 March 2012 |
Lafarge to close kiln line at Joppa Cement, USALafarge has shut down Kiln Line No 2 at its Joppa cement plant, Illinois, USA, citing the continued challenging economic environment as the reason for shutting down one of its two kilns. The co...News - 16 March 2012 |
HeidelbergCement lifts revenues, raises savings targetGerman cement major HeidelbergCement has reported a rise in revenues in 2011 driven significantly by its exposure to attractive growth markets, continuing recovery in most group markets and succes...News - 16 March 2012 |
S&P revises down Lafarge outlook to ‘negative’Standard & Poor’s (S&P) has revised its outlook on Lafarge from ‘negative’ to ‘stable’ while keeping its BB+ long-term and B short-term credit ratings on the French cement producer. A revision to ...News - 14 March 2012 |
RHB upgrades Lafarge Malayan CementRHB Research has upgraded Lafarge Malayan Cement to ‘Market Perform’ from ‘Underperform’ and raised the target to MYR7.43 from MYR5.94. The research house says the new target is based on 17 x F...News - 14 March 2012 |
High court halts Lafarge plans to close Frangey site, FranceThe French High Court has blocked Lafarge’s plan to close its plant in Frangey, northern France until 25 November 2012. SeeNews France reports that the court has also annulled the group’s restruc...News - 13 March 2012 |
Lafarge Maroc reports slight decline in net profit, MoroccoLafarge Maroc has reported a slight decline in net profit for 2011 while operating profit also fell due to escalating input costs and stagnating cement prices. The company said in a statement t...News - 09 March 2012 |
Competition Commission settles with Lafarge, South AfricaSouth Africa’s Competition Commission has reached a settlement with Lafarge for being part of cement cartel. Lafarge is to pay an administrative penalty of ZAR149m, or six per cent of its 2010 ...News - 09 March 2012 |
Lafarge Surma Cement launches flagship brand, BangladeshLafarge Surma Cement has announced the launch of its flagship cement brand, Supercrete under the brand theme ‘Dream Lafarge’. Supercrete will now be available with new and improved packaging, M...News - 05 March 2012 |