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Novacem raises UK£1.6m in follow-on funding

Specialist investor, the London Technology Fund (LTF), has made a follow-on investment into carbon negative cement company Novacem. The funding, which was part of a syndicate including constructi...
News - 27 January 2011

Lafarge said to be drawing interest from gypsum unit

Lafarge SA drawing interest from buyout firms for its gypsum business, according to recent Bloomberg reports. Firms including TPG Capital, Carlyle Group LP and PAI Partners are preparing for a sa...
News - 20 January 2011

Watchdog analyses acquisition of Lafarge Betoes by Secil

Portugal’s competition watchdog Autoridade da Concorrencia (AdC) has started analysing the deal of the acquisition of concrete firm Lafarge Betoes by Portuguese lime and cement producer Secil. Se...
News - 20 January 2011

Cement sector to benefit from Iraq rebuild

Demand for building materials in Iraq will increase as the country begins to rebuild infrastructure. Almost everything in Iraq needs to be rebuilt, including new oil infrastructure, utilities and ...
News - 20 January 2011

Polish cement prices on the rise

Poland’s infrastructure investment boom was the signal for cement producers to start raising prices. Since the beginning of January, companies have been testing the market. In 2010, almost 15.4Mt ...
News - 18 January 2011

Calls for railway line to reduce costs, Uganda

A railway line would boost cement production and lower the cost , Mr Hussein Mansi the Chairman of the Lafarge group’s local operations has said. 
The comments were made at the commissioning of ...
News - 17 January 2011

Credit Suisse cuts Lafarge rating to "neutral"

Credit Suisse has downgraded its rating on French cement maker Lafarge to "neutral" from "outperform", while raising the share price target to EUR 51 from EUR 48. According to the broker, the hig...
News - 14 January 2011

Lafarge India outlines plans for new plant

Lafarge India Eastern, which is a wholly owned arm of Lafarge India, has chalked out an ambitious plan to set up a 1.1Mta integrated cement plant at Nongkhleih in the limestone rich Jaintia Hills d...
News - 13 January 2011

Hima Cement more than doubles output, Uganda

Lafarge Cement’s Ugandan unit has more than doubled its output after it completed expansion at its Hima cement plant in the country’s western region, general manager, David Njoroge, told Bloomberg...
News - 12 January 2011

’No obligation to give limestone to Lafarge unit’

India has no international obligation to supply limestone to Bangladesh from a mining project indirectly promoted by French-Spanish joint venture Lafarge Surma Cement Ltd, according to arguments m...
News - 10 January 2011