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Lafarge Plans US$1bn investment in Indian cement operations

Lafarge S.A, the world’s second largest cement manufacturer, has announced plans to invest US$1bn in India over the next five years to ramp up its cement production capacity in the country to 20Mt...
News - 12 August 2008

Russia cement prices fall 20 per cent in inflation battle

Cement prices in Russia have dropped off sharply from record highs despite a continuing surge in demand, showing that on some fronts, the state’s battle against rampant inflation is working.   In ...
News - 08 August 2008

Emerging markets lift Lafarge as the US, Spain and Great Britain decline

Lafarge increased first half turnover by 8.2% to EUR9,069m, with the EBITDA rising by 15.8% to EUR2116m and the trading profit advancing by 18.5% to EUR1611m, with the numbers reflecting the conso...
News - 01 August 2008

Malaysian cement price set to rise further

The average selling price of local cement is now on par with cement prices in the Asia-Pacific which range from RM273 to RM277 per tonne. On Monday, Lafarge Malayan Cement Bhd, which controls abo...
News - 30 July 2008

Banque Audi finances Lafarge cement factory in Syria

Lebanon’s Banque Audi has arranged a US$380m loan to French conglomerate Lafarge  to finance a cement factory in Syria, which suffers from shortage of the product, a bank executive said on Monday,...
News - 29 July 2008

Lafarge to raise cement prices by MYR20/t

Lafarge Malayan Cement Bhd, Malaysia’s largest cement producer by volume, is increasing the recommended retail prices for its bagged cement products by MYR1 per 50kg bag, or MYR20 a ton, from Augu...
News - 29 July 2008

South Africa: new Randfontein plant on track

Lafarge SA said yesterday the building of its Randfontein plant, a key part of its plans to increase production by about a quarter, was on track to meet its October completion deadline, despite po...
News - 28 July 2008

Rajasthan rejects limestone mining applications

BK Birla Group’s Mangalam Cement, Sanghi Industries, MP Birla Group’s Birla Cement, Indorama Cement and three other companies are in a spot with the Rajasthan government rejecting their applicatio...
News - 21 July 2008

Lafarge’s Bengal unit to be operational from Sept-Oct

The 1Mt greenfield plant by Lafarge at Mejia in West Bengal is likely to begin commercial production by September-October.   "Lafarge has indicated that it will begin commercial production at Meji...
News - 21 July 2008

India: ACC may invest in ready mix concrete businesses

Associated Cement Companies (ACC) plans to double its number of readymix concrete units to 46 this year. The ACC spokesperson confirmed the development, but declined to divulge the investment on t...
News - 16 July 2008