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Lafarge and Orascom

Having seen what some of my editor colleagues write when they put pen to paper one is reminded of the old adage: silence is golden, but let's throw caution to the winds and see what is stirring in ...
International Cement Review Editor's Blog - 23 January 2008

Lafarge adds Groupe Bruxelles Lambert, Sawiris representatives to board

Lafarge shareholders approved the nomination of representatives from its two largest shareholders to the French company’s board of directors.     Shareholders approved board seats for Groupe Brux...
News - 21 January 2008

Korean-led group to build Cameroon cement plant

A South Korean-led consortium has signed a deal to build a CFA37bn (US$82.68m) cement factory in Cameroon, the Industry Ministry said on Thursday.     The AFKO Cement Production Company, based in...
News - 18 January 2008

Zimbabwe: renamed Circle Cement to start trading on ZSE

Cement manufacturer Circle Cement Limited will start trading on the Zimbabwe Stock Exchange as Lafarge Cement Zimbabwe Limited with effect from Monday next week. This follows the name change of C...
News - 18 January 2008

Dangote, 12 Others to Import Bulk Cement

The Federal Government has given provisional approval to 13 local companies to import bulk cement into the country in order to make up for the shortfall in supply and bring down the prices of the ...
News - 17 January 2008

Analysis: Holcim likely to buy next as sector consolidates

Holcim was conspicuously absent from a round of industry consolidation in 2007, but its big cash pile means it could acquire a rival in the coming months, according to analysis from Reuters.   H...
News - 15 January 2008

Egyptian cement producers raise prices

A number of Egyptian cement companies have raised their prices over the last few weeks, local media reported.     Egypt’s Suez Cement Co (SCC) boosted its price to 377.5 Egyptian pounds (US$68.34...
News - 14 January 2008

Will Lafarge’s Orascom loan find favour?

The €7.2bn loan backing the acquisition of Egypt’s Orascom by French building materials company Lafarge has been launched, arrangers BNP Paribas, Calyon and Morgan Stanley announced on Thursday. Th...
News - 11 January 2008

Strong demand for Malaysian building materials

CIMB Equities Research is maintaining its overweight stance on the construction sector as it sees 2008 as the start of the implementation of the Ninth Malaysian Plan after the award of some RM22 b...
News - 10 January 2008

Dangote Cement gets new chief executive

Richard Hadley, a former executive vice president of the Africa  region for the cement division of the Lafarge Group, has been appointed the  chief executive officer of Dangote Group’s cement divi...
News - 10 January 2008