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Lafarge WAPCO May Raise NGN45bn from marketLafarge Cement WAPCO Nigeria Plc is likely to hit the capital market with NGN45bn (US$289m) bond issue to refinance its medium-term loan in the third quarter of 2011, local sources have revealed. ...News - 03 June 2011 |
Lafarge buys 35% stake in Spanish grinding unitLafarge Cementos SAU has acquired 35% of the shares of Elite Cements, a grinding operation located in the port of Castellón, Spain. The remainder of the shares are owned by the Obinesa Group which...News - 03 June 2011 |
Philippine cement manufacturers engage in green initiativesLocal Philippine cement manufacturers are busy trying to reduce their environmental footprint with measures including the using of alternative fuels, educating the public of the more efficient way...News - 01 June 2011 |
LafargeLafarge's first-quarter turnover improved by 8.6% to €3557m, having declined by 9.7% a year earlier, and the EBITDA edged ahead by 0.4% to €514m, while the running profit declined by 5.1% to €224m....Corporate - 31 May 2011 |
VotorantimVotorantim's cement division saw first-quarter turnover improve by 6%, helped by a price increase in Brazil, but the EBITDA fell by 24.8% reflecting higher electricity and pet coke costs as well as...Corporate - 31 May 2011 |
Aberthaw public consultation for alternative fuelsAberthaw cement works, located in the Vale of Glamorgan in Wales, held public exhibitions last week to raise awareness of new waste-derived fuels it plans to use as part of its strategy to reduce ...News - 30 May 2011 |
Lafarge capital increaseLafarge has announced a share capital increase reserved for the eligible employees of companies participating in the Lafarge Group Savings Plan. This transaction, which is in line with the Group e...News - 30 May 2011 |
Debt concerns driving asset sell-offs among European playersFCC’s plan to sell its US cement subsidiary Cementos Portland Valderrivas is part of the Spanish construction company’s ongoing efforts to protect its bottom line from continued domestic weakness....News - 27 May 2011 |
Lafarge to close Frangey plant at end-2012Lafarge Ciments announced it will close its Frangey plant in Burgundy at the end of 2012. It has attributed the decision to the “overcapacity in a small local market” by a plant that “can hardly a...News - 27 May 2011 |
Lafarge selects few bids for plaster businessLafarge has chosen a handful of bids, including those of investment funds Cinven and Bain Capital, for its plaster unit Lafarge Gypsum, among at least 10 offers, according to Bloomberg. Belgian b...News - 26 May 2011 |