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Private equity puts down foundationsThe recent spate of news stories on private equity funding, and some growing unease about their sometimes, rather secretive, methods of doing business, prompts us to look at their activities in th...News - 04 September 2007 |
South Africa cement shake-up loomsSouth Africa’s domestic cement market is facing its biggest shake-up since the break-up of the cartel between the three biggest producers in the early 1990s. This follows yesterday’s announcement...News - 31 August 2007 |
Lafarge, firms vie for Iraq cement dealsLafarge and FLSmidth are among at least five companies vying to renovate cement plants in Iraq at a cost of $500m, Iraq’s industry minister said on Wednesday. Egypt’s Orascom Construction Ind...News - 30 August 2007 |
Cimpor: Spanish turnover exceeds that of PortugalCimpor increased its first half turnover by 13.3% to EUR934.0m. Higher operating costs, notably an increase of more than 30% in kiln fuel costs, led to a narrowing of margins from 33.9% to 31.8%,...News - 28 August 2007 |
Lafarge to submit proposals on construction of plant in Azerbaijan"In September, we will see advances in the question regarding construction of a cement plant in Azerbaijan. To date, raw cement fields in the country have been studied," Anar Ahundov, executive di...News - 28 August 2007 |
Malawi removes requirement for import of cementMalawi has, with immediate effect, removed the requirement for cement traders to obtain licenses before importing cement into the country, the website of The Nation newspaper of the country report...News - 24 August 2007 |
Lafarge working on US$450m Iraq cement dealsLafarge is reportedly planning two projects worth about US$450m in the Iraqi city of Kerbala, according to an investment bank working with the French company on both deals. The world’s largest...News - 21 August 2007 |
Local cement production exceeds 0.94Mt Jan-July, AzerbaijanAzerbaijan produced 944,500t of cement during the first seven months of 2007, with a 2.8% increase from the first seven months of 2006. The main cement producer is Garadagh Cement which meets 5...News - 21 August 2007 |
Romanian cement producers post EUR191m net profit in 2006Romania’s cement producers Lafarge, Carpatcement and Holcim posted a 45% up to 155% hike in their 2006 net profit worth RON675m (nearly EUR191m). The data published by Romania’s Ministry of Econo...News - 21 August 2007 |
Cement firms clash over limestone siteAn announcement that Lafarge East Africa plans to build a major factory in Kitui has brought to the open a simmering dispute between two of Kenya’s three cement manufacturers. Bamburi Cement c...News - 21 August 2007 |