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House opens probe on cement ‘cartel’

Noting an urgent need to come up with a strong competition policy or anti-trust law, the House committee on trade and industry in teh Philippines will start hearing today on the issue of cement ca...
News - 17 November 2008

Holcim to close plants after 3Q net profit falls 23%

Holcim Ltd Wednesday became the latest cement and building materials company to lower production in response to a severe downturn in construction markets, as it also reported a 23% fall in third-q...
News - 12 November 2008

Malawi cement producer train builders

According to local press reports, Lafarge Cement Malawi, has said there is need to equip artisans, builders and masons with vocational skills in order to improve the quality of structures that are...
News - 10 November 2008

Lafarge WAPCO records N32bn Q3 turnover

Despite the harsh operating environment in recent times, Lafarge WAPCO Plc, within the first nine months of this year, grew its turnover by nine per cent to close the third quarter with N31.9 bill...
News - 10 November 2008

Lafarge defers 18Mt of planned new capacity

Helped by the acquisition of Orascom, Lafarge generated a turnover 8.3% higher at EUR14,386m in the first nine months of the year and the EBITDA improved by 14.2% to EUR3,579m, with a similar perc...
News - 07 November 2008

Lafarge may be next to trim global expansion plans

According to a report by Bloomberg, Lafarge may be the next cement maker to scale back global  expansion plans as the US construction slump spreads to markets from Russia to China. Lafarge’s inte...
News - 06 November 2008

Regulators raid Holcim, Lafarge, Cemex

Regulators launched a dawn raid on the offices of Europe’s biggest cement producers yesterday as Brussels embarked on a new inquiry into industry practices. Lafarge confirmed that its cement busi...
News - 05 November 2008

Lafarge, waste managment in deal, US

Officials from the Waste Management landfill and the Lafarge cement plant have signed an agreement to use piped-in methane gas from the landfill to aid the cement-making process. The plan could s...
News - 04 November 2008

Chilean firms post drop in first nine months

Bío Bío, Polpaico and Lafarge - reported a decrease in profits in the first nine months of 2008 compared to the same year-ago period, according to separate reports filed with the country’s securit...
News - 04 November 2008

Lafarge withdraws from Italy

Reducing its debt levels, Lafarge is selling its cement, aggregates and ready-mixed concrete activities in Italy to SACCI, a cement producer in which the Paris-based group at one stage used to hol...
News - 04 November 2008