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Mbeya’s new and improved packaging, Tanzania

The manufacturers and distributors of Tembo Cement, Mbeya Cement Company limited (MCC), has changed the look of its cement bags by adding the Lafarge logo. The new bag with green and brown colou...
News - 09 March 2011

NSSF to sell stake in Bamburi, Kenya

Kenya’s National Social Security Fund (NSSF) is set to dispose of its 14 per cent stake in leading domestic cement maker Bamburi because of a dim outlook for the stock, Business Daily reported on ...
News - 09 March 2011

Nigeria: Lafarge Wapco enhances logistics system with new trucks

Lafarge Cement WAPCO Nigeria Plc has enhanced its logistics project with the planned acquisition of over 1000 state-of-the-art trucks. The company announced the project at its Ewekoro plant where ...
News - 08 March 2011

DR Congo: Lafarge forecasts increased sales

Lafarge Cement Plc says increasing local and regional construction activity in the Democratic Republic of Congo is likely to improve the company’s performance after lower cement volumes slowed its...
News - 08 March 2011

Kenya: Bamburi, Athi River slide on report cement prices may decline

Bamburi Cement Co retreated the most in two months and Athi River Mining (ARM) snapped two days of gains after a report said the price of cement may decline by as much as 10% this year. Bamburi, ...
News - 04 March 2011

Philippines: cement prices to rise PHP7-10 a bag

Cement companies have advised retailers of a price hike of between PHP7-10 (US$0.16-0.23) per 40kg bag. The price rises will take effect as of next week, 8 March following the increased costs of f...
News - 04 March 2011

Assets going for a song?

The forthcoming new edition of the Global Cement Report will not contain the usual accounts of continued high-level growth and consolidation by traditional global majors, although some of the comp...
International Cement Review Editor's Blog - 28 February 2011

Bamburi full-year 2010 profit declines, Kenya

Lafarge’s Kenyan unit, Bamburi Cement Co, said full-year profit dropped 24 per cent on slower sales and higher electricity prices. Net income for the year through December fell to KES5.3bn (US$6...
News - 28 February 2011

Malaysia to hike prices from 1 March

Cement prices will be raised by approximately six per cent to RM325/t (US$106) from a current RM307 (US$100), effective March 1. In its research report, RHB Research Institute Sdn Bhd (RHB Resear...
News - 28 February 2011

Lafarge

Lafarge's turnover improved by 1.8% to €16,169m in 2010 and the EBITDA edged ahead by 0.4% to €3614m. The trading profit declined by 1.5% to €2441m, and with financial charges being 4.5% lower at €...
Corporate - 28 February 2011