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Bamburi, and Athi River Mining urged to end row, Kenya

Vice President Kalonzo Musyoka has urged Kenyan cement producers Athi River Mining (ARM) and Bamburi Cement to immediately settle their dispute out of court to allow other investors to start a lim...
News - 10 April 2011

Global cement demand surpasses 3bnt in 2010

Global cement consumption climbed to 3294Mt in 2010, up 9.9% on the year before, according to the latest industry data published today in the Global Cement Report, Ninth Edition. This marks an imp...
News - 08 April 2011

Shui On plans cement phase-out – may sell to Lafarge

Shui On Construction and Materials Ltd plans to phase out cement production, possibly by selling its stake in an underperformed China joint venture to partner Lafarge, as it shifts focus to real e...
News - 07 April 2011

Lafarge Cement tyre burning plan met with protests

Plans to burn used tyres and plastics for energy at a South Wales industrial plant have sparked concerns among residents and environmentalists. But bosses at Aberthaw Cement Works say the move wou...
News - 31 March 2011

Lafarge

Lafarge WAPCO in Nigeria has announced plans to order around 1,000 new lorries and other commercial vehicles, in part related to the start of cement production at the new 2.5Mta works at Lakatabu w...
Corporate - 31 March 2011

Price woes damp M&As in cement sector, India

Global cement majors, who have been looking to strike M&A deals in India, are increasingly finding the existing high valuations in the 280Mt Indian cement industry a dampener. According to indust...
News - 28 March 2011

NNS Holding increases Lafarge stage to 14.06%

NNS Holding, controlled by the Sawiris family, had raised its stake in Lafarge to 14.06%. At end-2010, the Egyptian shareholder had a 13.9% stake in the French group. In March, the investor boug...
News - 28 March 2011

Lafarge to start construction of Uzbekistan in 2012

In the second half of 2012 Lafarge will start the construction of a 2Mta cement plant in the Jizak region (central part of Uzbekistan), said Akbar Mukhitdinov, general manager of the Uzstroimateri...
News - 28 March 2011

North America’s gradual recovery

US-based construction material producer Texas Industries Inc has reported that it is beginning to see an improvement in volumes, just a few weeks after other major North American producers express...
News - 25 March 2011

Lafarge plans Brazil IPO

Lafarge is hiring banks to launch the initial public offering of its Brazilian subsidiary, according to Friday’s edition of local daily O Estado de S. Paulo, which cited a report by Reuters. It’s...
News - 25 March 2011