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Mexico’s Cemex starts big asset sale to pay debtCemex, may have to sell up to $2.7 billion in assets, according to a report from Reuters, to repay its huge debt and avoid losing its investment grade status amid the U.S. housing crisis, analysts...News - 02 April 2008 |
GBL acquires EUR62.32m worth of Lafarge sharesBelgian Financier Albert Frere’s holding company Groupe Bruxelles Lambert acquired EUR62.32m worth of shares in Lafarge between March 10 and March 14, according to filings with French stock exchan...News - 26 March 2008 |
Lafarge’s Heracles Cement FY net grows 11.4 per centLafarge’s Greek unit, Heracles General Cement Company SA, said full year group net profits grew 11.4 per cent YoY to EUR67.8m, weighed down by EUR31.7m in investments. Heracles Cement said th...News - 25 March 2008 |
Project delays to weigh down cement industry, MalaysiaCement demand is likely to be dampened by potential delays in the Ninth Malaysia Plan (9MP) project implementation following the change in the political landscape, and notable projects deemed prom...News - 25 March 2008 |
Zambia to import Zim cementThe Ministry of Commerce, Trade and Industry officials have travelled to Zimbabwe to make arrangement for Zambia to import 55,000t of cement to meet the shortfall in the market. Commerce, Tra...News - 19 March 2008 |
Industry majors line up to buy Cement Corp’s ailing plantsLeading cement makers such as ACC, Ambuja Cement and Lafarge are reportedly looking at buying the closed manufacturing facilities of the ailing public sector enterprise Cement Corporation of India...News - 18 March 2008 |
Republic, Lafarge partner with CACOfficials of the consortium of Republic Cement Corporation and Lafarge Holdings (Philippines), Inc. recently inked a Memorandum of Agreement with Concrete Aggregates Corporation (CAC) for the cons...News - 14 March 2008 |
’FG should declare state of emergency in cement industry’The West African Portland Cement Company PLC has called on the Federal government to declare a state of emergency on the cement industry, according to local press reports. Recently the federal go...News - 13 March 2008 |
Bamburi opts for biofuel usageThe Lafarge Group, will invest Sh1.4 billion across its East African operations to reduce carbon emissions over the next two years. Bamburi CEO, Mr Michel Purchercos (front) and external affai...News - 12 March 2008 |
Lafarge wins deal to operate Concrete Aggregates quarryPublicly listed Concrete Aggregates Corp. is selling its basalt quarry operations in Angono, Rizal to Lafarge Holdings (Phils.), Inc., owner of Republic Cement Corp. and Lafarge Philippines. ...News - 10 March 2008 |