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Lafarge divests to pay down debt – what’s next?

Lafarge is on track to meet its 2011 debt reduction target of €2bn following the announcement of the sale of its cement and concrete assets in the southeast United States to the Colombia-based con...
News - 13 May 2011

Lafarge sells US units for US$760m to Cementos Argos

Lafarge announces the sale of its cement and concrete assets in the southeast United States to the Colombia-based conglomerate Cementos Argos for an enterprise value of US$760m.

 The assets acqu...
News - 12 May 2011

Lafarge denies UK asset disposal

Lafarge has denied a report in the Financial Times that it and joint-venture partner Anglo American are lining up asset disposals to pay down debt and avoid anti-competitive action as they seek to...
News - 11 May 2011

Supreme Court reserves order in Lafarge case, India

The Supreme Court has reserved its order over the contentious issue of resumption of mining operations by Lafarge in Meghalaya to supply the limestone to its cement plant in Bangladesh. A special...
News - 11 May 2011

Ohrongo defends pricing position, Namibia

Recent consumer complaints about current prices of cement in the market have displeased local market leader, Ohorongo Cement, which says contrary to the complaints, the average cement price has go...
News - 11 May 2011

Lafarge and Holcim plants in tyre agreement, Canada

As part of its plan to reduce tire waste in Newfoundland and Labrador (NL, the NL government’s Multi-Materials Stewardship Board (MMSB) has reached agreements with two Quebec cement manufacturers ...
News - 10 May 2011

Lafarge wins Business Council award, USA

The Business Council of Alabama awarded the Lafarge North America Roberta Plant in Calera the honor of 2011 Medium Alabama Manufacturer of the Year. “The 1600-acre site employs 195 men and women ...
News - 10 May 2011

Lafarge Pakistan reports profit in 1Q11??

Lafarge Pakistan Cement Ltd. has reported a profit after tax of PKR13.847m (US$0.16m) as opposed to losses of PKR407.719m in same period last year. Its sales stood at PKR1.675bn against PKR1.639b...
News - 09 May 2011

Lafarge charts further sustainability advances

In its newly-released 2010 Sustainability Report, Lafarge tracks its sustainable development advances of the past year. The cement producer reported progress in several fields, including CO2 emiss...
News - 09 May 2011

Lafarge, Anglo eye disposals to ease cement JV-report

Lafarge and Anglo American plan to sell GBP600m worth of assets to pay down debt and avoid anticompetitive action, the Financial Times said on Monday, citing people familiar with the talks. Asset...
News - 09 May 2011