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Lafarge aims to increase cement capacity by 40Mt by 2010Excluding the roofing business, which is being sold, Lafarge increased its turnover last year by 16.7% to EUR16,909m and the EBITDA improved by 19.7% to EUR 3,704m. The running profit at the ...News - 26 February 2007 |
Cement scam escalates as shortages trouble suppliers, South AfricaBogus agents are attempting to take advantage of cement shortages in an alleged scam aimed at building material merchants, government buyers and agents. Documents in the possession of Business...News - 26 February 2007 |
Lafarge posts strong FY profitLafarge reported a jump in full-year profits, within the range of analyst forecasts, citing positive market trends and the impact of restructuring, and said it expects to exceed its own targets fo...News - 23 February 2007 |
Germany Court finds claim against cement firms cartel admissibleThe Duesseldorf regional court in Germany found admissible the EUR114m ($149.8m) compensation claims against six leading cement producers accused of price-fixing, according to an interim judgement...News - 22 February 2007 |
Mediterranean find petcoke cheaper optionCement makers in Turkey, Greece and Italy are seeking more steam coal to replace expensive petcoke for 2007 delivery, traders and cement industry sources said. Spot petcoke for delivery within th...News - 22 February 2007 |
German Court finds claim against cement firms cartel admissibleThe Duesseldorf regional court in Germany found admissible the 114 mln euro ($149.8 mln) compensation claims against six leading cement producers accused of price-fixing, according to an interim j...News - 22 February 2007 |
Lafarge Malayan Cement books sharply higher annual profitThanks to recovery in domestic cement prices, Lafarge Malayan Cement Berhad has booked pre-tax profit of RM212.095m (US$60.7m) for the 12 months ended 31 December 2006, sharply higher than RM29.34...News - 20 February 2007 |
New contract for EADS SodernLafarge North America has selected EADS SODERN as the supplier of a CNATM Generation III (Controlled Neutron Analyzer) for Cement. The CNA is a neutron generator-based analyzer system that measure...News - 19 February 2007 |
Polish cement sector awakensDomestic cement manufacturers in Poland have to satisfy the construction sector’s demand. Therefore they will invest as much as EUR1bn. However, prices of cement are still set to rise. According...News - 15 February 2007 |
Bamburi Cement posted 3.8bn pretax profit in 2006Bamburi Cement has posted a pretax profit of 3.8 billion shillings for the year ending December 31, 2006. Chairman, Richard Kemoli attributed the high profits on the ability for the company to ex...News - 14 February 2007 |