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OCI profit jumps on more contracts

Egypt’s Orascom Construction Industries said its net income in 2007 grew by almost half from the previous year on a record number of construction contracts.   The company said its 2007 net income,...
News - 01 May 2008

Venezuela Oil Min: some cement companies agree to JVs with state

Venezuela has offered foreign cement companies subject to nationalisation the chance to form joint ventures with the state, and "some of them" have agreed to do it, Venezuelan Oil Minister Rafael ...
News - 01 May 2008

Malaysia: slow demand, rising costs to hurt Lafarge

Lafarge Malayan Cement Bhd’s YoY (YoY) cement sales growth rates are expected to decelerate over the remaining months this year, due to weaker property development activities and possible delays o...
News - 01 May 2008

Cemex CEO says company’s Venezuela exposure small

Mexican cement maker Cemex SAB isn’t overly exposed to a nationalization of its Venezuela operations because it’s only a small part of its global operations, Chief Executive Lorenzo Zambrano said ...
News - 25 April 2008

Lafarge inaugurates new US$30m cement plant in region X

Lafarge Chile has inaugurated a new cement plant in southern city Puerto Montt, in region X, local press reported.   The plant required a US$30m investment and will have the capacity to produce an...
News - 23 April 2008

Aberthaw Cement plant wins award

Aberthaw Cement Works has been hailed as one of the best-performing plants in Western Europe by its parent company, the Lafarge Group. The cement works, which employs 100 people and produces up t...
News - 21 April 2008

Cement cos vie for L&T’s ready-mix concrete business

Leading cement manufacturers, including Holcim, AVB Group and Lafarge, are in the race to buy engineering major Larsen and Toubro’s ready-mix concrete (RMC) business, L&T Concrete, according to lo...
News - 17 April 2008

Lafarge to announce new cost-cutting plan at end 2008

Lafarge will announce a new cost-cutting plan at the end of 2008, the group’s Chief Executive Bruno Lafont says in an interview published Thursday in French business daily La Tribune.   The new pl...
News - 17 April 2008

Ciments du Maroc sees higher net profit in 2008

Moroccan cement producer Ciments du Maroc expects its net profit to grow in 2008 as dividends from an Egyptian affiliate and lower taxes offset higher energy and raw material costs, its chairman s...
News - 16 April 2008

Battle to acquire limestone mine in Kitui Rages

Bamburi Cement and Athi-River Mining are locked in a vicious row over a Kitui limestone deposit, which is seen as crucial to grow Kenya’s economy.   A fresh tussle between local cement manufacture...
News - 15 April 2008