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Lafarge WAPCO profit falls, NigeriaLafarge’s Nigerian unit said first-half profit dropped because the West African nation’s second-biggest cement maker’s expenses increased as it prepares to open a new plant. Lafarge Cement WAPCO...News - 04 August 2011 |
Lafarge stock sinks on Moody’s possible downgradeShares in French cement group Lafarge tumbled by 3.81% to EUR34.325 at close on Tuesday after rating agency Moody’s placed its Baa3 credit rating under review for downgrade. The credit rating age...News - 03 August 2011 |
Lafarge says inflation, currencies to impact profit growthLafarge current operating profit declined to €702m (US$1bn) from €838m a year earlier, the Paris-based company said in a statement today. Analysts surveyed by Bloomberg had estimated €741m. Sales ...News - 01 August 2011 |
Cement production in Czech Republic grows by 21% in 1H11Czech cement production grew by 21% YoY to 1.7Mt in the first half of this year and its consumption rose by 11% to 1.4Mt, according to the latest data of the Czech Cement Producers’ Association. ...News - 01 August 2011 |
LafargeLafarge has been given clearance by the Indian Supreme Court to resume limestone production in Meghalaya, which feeds the joint-venture cement works at Chhatak in Bangladesh. Lafarge has now recei...Corporate - 31 July 2011 |
CRHCRH is in the process of acquiring the VVM cement business from the Van Eeckhout family, subject to official approval. VVM operates two grinding centres in the Belgian ports of Antwerp and Ghent. T...Corporate - 31 July 2011 |
Lafarge 2Q11 net profit falls 12%Lafarge said second-quarter net profit fell 12 per cent as weak US demand and higher raw material costs impacted results. The company, which said it expected to see market growth of 2 to 5 per ce...News - 28 July 2011 |
Jordan Cement Factories first-half lossJordan Cement Factories, the kingdom’s largest cement company, majority-owned by Lafarge made a first-half loss of MOD2.7m (US$3.8m) on greater competition, Al Rai said. The factory made MOD 8...News - 26 July 2011 |
Ravena given modernisation go-ahead, USAThe New York state has given air and water pollution permits needed for the planned rebuilding of the Lafarge cement plant in Ravena. The permits, issued this week by the state Department of Envi...News - 25 July 2011 |
Lafarge raises €120m from Australian disposalLafarge has agreed the sale of its Australian gypsum operation to Knauf for €1200m. This business generated an EBITDA of €13m in 2010 and is the third plasterboard producer in Australia, with two ...News - 22 July 2011 |