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Fitch Rates Lafarge’s Bonds At BBB

Fitch Ratings has today assigned Lafarge EUR1bn 7.625% bond, maturing in 2014, and its GBP350m 8.75% bond, maturing in 2017, senior unsecured ratings of ’BBB-’ respectively. The bonds have been is...
News - 21 May 2009

Biomass burning plans presented at Lafarge open house, UK

Lafarge is working with a Kingston-based company called Performance Plants Inc, as well as scientists with both Queen’s University and the University of Guelph, to come up with a plan whereby local...
News - 20 May 2009

Lafarge sets size eight-year bond at UK£350m

Lafarge set final terms on a planned eight-year sterling bond at a size of UK£350m (US$54m) and final guidance for a coupon of 8.75 percent, IFR reported on Tuesday.   This is Lafarge’s second bon...
News - 20 May 2009

Mixed results for Chile’s producers

Chile’s three cement producers - Bío Bío, Polpaico and the local unit of Lafarge -  posted mixed results in the first three months of 2009 compared to the same year-ago period, according to separa...
News - 18 May 2009

Lafarge Plans 2014 Euro Benchmark Bond Issue

Lafarge SA plans to issue a euro-denominated benchmark bond that is due to mature May 27, 2014, one of the lead managers said Monday. BNP Paribas SA, Calyon, Citigroup PLC, HSBC Holdings PLC, Mor...
News - 18 May 2009

Lafarge inaugurates new production line, Ecuador

Lafarge is pursuing its strategy of internal growth in high-potential markets with a new production line in its Otalavo cement plant, in the province of Imbabura, 110km north of the capital city Q...
News - 15 May 2009

Lafarge to benefit from Malaysia economic activities

With a 40% market share in the Malaysian cement industry, Inter-Pacific Securities expects Lafarge Malayan Cement Bhd (LMC) to benefit from economic activities generated by the government’s pump-p...
News - 14 May 2009

New Mfamosing cement plant inaugurated, Nigeria

Unicem, a joint venture of Lafarge (28%), Holcim (28%), Dangote (22%) and Flour Mills (22%) inaugurated on May 12 its new cement plant at Mfamosing, in Cross River State, Nigeria, in the presence ...
News - 14 May 2009

Lafarge’s European & American operations pull down 1Q results

Cement shipments in the quarter were off by 10.3% to 31.3Mt, while turnover from cement declined by 8.6% to €2,335m and the EBITDA emerged 9.5% lower at €573m.  The aggregates tonnage was down by ...
News - 07 May 2009

Lafarge and WWF renew partnership



Bruno Lafont, Chairman and CEO of Lafarge, and James P. Leape, Director-General of WWF International, have announced the renewal of the partnership between Lafarge and WWF International for anot...
News - 06 May 2009