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Lafarge Malayan 2Q falls 10% on lower revenue

Lafarge Malayan Cement Bhd’s net profit fell 10% to RM75.6 million in its second quarter ended June 30, 2010 (2QFY10) from RM84.3 million a year earlier mainly due to a 6% decline in revenue and a...
News - 21 September 2010

PPC Zimbabwe to increase production

PPC Zimbabwe, the country’s largest cement producer, says it plans to raise output at its Cement Siding plant, 15km east of Bulawayo, following the completion of the US$20m refurbishment of its Co...
News - 21 September 2010

Serbia to negotiate PIM bid with Lafarge

Serbia’s privatisation association has today announced that it will negotiate with Lafarge’s Beocin plant for the purchase of Ivan Milutinovic (PIM). Beocin made the only bid, offering EUR16.5m to...
News - 21 September 2010

Karsog villagers voice support for Lafarge plant, India

Villagers of the areas around the identified plant and mine site of Lafarge India’s proposed cement plant in Himachal Pradesh have issued a statement through the company supporting the plant. Acco...
News - 16 September 2010

Cemex to get compensation from Chavez

The president of Venezuela, Hugo Chavez has today announced that he has approved the freeing-up of the funds required to complete a friendly agreement with Cemex regarding expropriation of the lat...
News - 16 September 2010

Lafarge keeps debt under control - report

Lafarge keeps its debt under control and it does not need a new capital increase, CEO Bruno Lafont said in an interview for French daily La Tribune on Tuesday. The group’s financial situation rem...
News - 15 September 2010

Aurel upholds "buy" recommendation on Lafarge

Aurel BGC kept today its "buy" rating and its share price target of EUR 51 on Lafarge. Lafarge’s CEO Bruno Lafont said on Tuesday in an interview for daily La Tribune that the group does not need...
News - 15 September 2010

Lafarge says open to sell non-core assets-paper

Lafarge, which is seeking to cut debt, is open to selling non-strategic businesses, the head of the world’s largest cement maker told La Tribune newspaper in an interview published on Tuesday. Wh...
News - 14 September 2010

Holcim ready for acquisitions, sizes up emerging markets

Holcim Ltd is looking for acquisitions, particularly in emerging markets, Chief Executive Markus Akermann said Tuesday. "For the right price we are ready to mobilize the funds to do substantial a...
News - 14 September 2010

Ravena’s Lafarge cement plant to hold meetings on modernisation

Lafarge North America will be hosting informational meetings to discuss the plant modernization project for its Ravena facility. The first session will be held on Thursday. Subsequent meetings ta...
News - 14 September 2010