Search Results

Ciech chemicals & Lafarge launch PLN40m JV

Chemical group Ciech and cement producer Lafarge are going to invest over PLN 40m into a joint venture to recycle ash for cement production, Ciech said in a press statement.   "In the newly create...
News - 03 September 2008

Cemex, Chávez reach agreement on nationalisation

The Venezuelan government has reached an agreement with Cemex on the nationalisation of subsidiary Cemex Venezuela, Mexican paper La Jornada reported.   Under the deal, the state takes control of C...
News - 29 August 2008

Cemex looks to regain assets

Cemex said yesterday it could turn to international arbitration to resolve a dispute with Venezuela’s government, which seized the company’s unit there in a nationalisation drive.   "It’s one of s...
News - 21 August 2008

Venezuela nationalises cement industry

Venezuela’s government extended its control of the economy with accords to take majority stakes in the local units of Lafarge and Holcim and by physically taking over the factories of Cemex. The ...
News - 19 August 2008

Boral full-year profit falls 18.6 per cent on US housing slump

Boral Ltd’s full year net profit has dropped 18.6 per cent, dragged down by an earnings loss at its US business, which is likely to worsen this year on that country’s ongoing housing slump.   Stil...
News - 19 August 2008

DJ Venezuela to proceed with cement nationalisation

Venezuela President Hugo Chavez said he’ll proceed with the nationalisation of his country’s cement industry, and has given Cemex, Lafarge and Holcim until Tuesday to comply, Bloomberg News report...
News - 18 August 2008

CMVM restarts investigation of Cimpor Purchase

Portugal’s stock market regulator CMVM decided to start again the investigation of the possible coordination between shareholders of local  producer Cimpor from 2001 when construction group Teixei...
News - 14 August 2008

Lafarge UK boosts rail delivery services

Lafarge Cement have taken delivery of 48 bespoke, ’environmentally-focused’ rail wagons for their Hope Works, in Derbyshire, as part of a UK£15m rail expansion programme to supply builders merchan...
News - 12 August 2008

Cement giant Lafarge posts profits boost

Cement supplier Lafarge has posted an 18.5 per cent profits rise as cost-cutting and acquisitions cushioned the blow of construction market gloom. The company, which employs more than 100 people ...
News - 12 August 2008

Cemex values Venezuela operations at US$1.8B

Mexican cement giant Cemex has put a US$1.8bn price tag on its Venezuela operations, an amount that President Hugo Chavez’s administration, which is nationalizing top assets in the sector, deems "...
News - 12 August 2008