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Indian cement importers meet Pakistan exportersAn Indian trade delegation of over 120 business people, government officials and members of Federation of Indian Chambers of Commerce and Industry (FICCI) including cement importers visited Pakist...News - 22 February 2012 |
Lafarge-Tarmac tie-up challenged on competition grounds, UKThe planned merger between Lafarge and Tarmac has been called into question by the UK’s Competition Commission (CC) on grounds that the tie-up could damage competition in both the bulk cement and ...News - 21 February 2012 |
Lafarge meets debt reduction target, net profit fallsLafarge reported a 28 per cent decline in net profit in 2011 reflecting write-offs mainly in Greece, while sales rose three per cent. For 2012, the group sees cement demand edging higher and has p...News - 17 February 2012 |
Lafarge Jordan appoints New CEOLafarge Group announced the appointment of Toufic Ahmed Tabbara as CEO for Lafarge Jordan, both Cement and Concrete. Tabbara will take on his new position in February 2012, after having assumed a ...News - 16 February 2012 |
Nigeria: AshakaCem to boost cement capacity by 0.3MtaAshaka Cement Plc, a subsidiary of Lafarge Cement WAPCO Nigeria plc, says it is adding 300,000tpa in capacity and raising its total output potential to 1.3Mta. Alhaji Umaru Kwairanga, the compa...News - 13 February 2012 |
Babcock to manage Lafarge fleet, North AmericaLafarge has awarded Babcock International a UK£100m fleet management contract across its cement and aggregates sites in North America. The 10-year deal sees Babock providing a fleet managed servi...News - 10 February 2012 |
Morgan Stanley lifts Lafarge price targetMorgan Stanley has lifted the share price target of Lafarge from EUR36 to EUR42 and assigned an ‘equal-weight’ recommendations. Analysts at Morgan Stanley see optimistic prospects for the secto...News - 08 February 2012 |
UltraTech Cement to take control of Star Cement?UltraTech Cement is looking to purchase its partner’s stake in Star Cement to take full control of the Dubai-based cement producer, sources familiar with the deal have said, adding to the rumour m...News - 07 February 2012 |
Lafarge to cut 460 jobs globallyLafarge, said it would cut 460 jobs globally as part of a corporate restructure. The French company said 90 roles would go in France, with the others stripped out of worldwide corporate functions,...News - 03 February 2012 |
New Lafarge Romania CEOLafarge’s Romania unit has announced that Sonia Artinian has been appointed its country CEO as of 1 January 2012. Ms Artinian is responsible for Lafarge’s cement, aggregates and concrete business...News - 02 February 2012 |