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Lafarge WAPCO increases supply to the Nigerian market

Ahead of the inauguration of its new cement plant in Lakatabu, in Ewekoro, Lafarge Cement WAPCO Nigeria, has increased the supply of cement to the Nigerian market. Since full production began at...
News - 16 November 2011

Alleged South Africa cement cartel hearing faces tribunal

South Africa’s competition Tribunal will consider a settlement agreement reached between AfriSam — a member of an alleged cement cartel – and the Competition Commission. According to the commissi...
News - 16 November 2011

Brazil sees signs of collusion in cement market

Six Brazilian cement makers colluded to fix prices, hampering competition in the midst of a construction boom, Brazil’s justice ministry said. Holcim, Cimpor and local producers Votorantim Ciment...
News - 11 November 2011

Fitch cuts Lafarge to ’BB+’

Fitch Ratings has downgraded Lafarge’s Long-term Issuer Default Rating (IDR) to ’BB+’ from ’BBB-’. The Outlook is Stable. The agency has simultaneously downgraded its Short-term IDR to ’B’ from ’F...
News - 10 November 2011

Lafarge Shui On Cement sells 3-Year Dim Sum Bonds

Lafarge Shui On Cement Ltd., a joint venture between Lafarge and Hong Kong-listed Socam Development Ltd sold CNY1.5bn (US$236.9m) of three-year dim sum bonds at 9.0% Thursday, a source  has said. ...
News - 10 November 2011

Ian Gallienne takes up role of Lafarge director

The Board of directors of Lafarge has announced Ian Gallienne will assume the role of director of Lafarge. He replaces Gérald Frère, who has resigned, for the remaining term of his position, ie un...
News - 06 November 2011

Lafarge closes sale of gypsum assets to Etex Group

Lafarge announced that the Group received €850m with the closing of the sale of its European and South American Gypsum assets to Etex Group. Lafarge will retain a 20% interest in the new partnersh...
News - 04 November 2011

Lafarge 3Q net profit falls, launches 2012 cost-reduction plan

Lafarge SA Friday announced a EUR500m cost-reduction plan for next year after third quarter net profit fell despite an increase of sales revenue. Lafarge said its third-quarter net income fell 10...
News - 04 November 2011

Trolex pressure sensors for Lafarge Cement kiln upgrade

Trolex pressure sensors have recently been installed at Lafarge Cement in Derbyshire, UK as part of an upgrade to their kiln process cleaning system.

 The two kilns each have their own cleaning ...
News - 02 November 2011

Lafarge Cauldon works helps identify builders for the future

Lafarge Cement UK’s Cauldon Works has joined forces with one of its merchant customers, Huws Gray, and a specialist construction college in North Wales to host a week long educational visit to fin...
News - 02 November 2011