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Jaypee Cement lines up expansion

After the Rs 459-crore acquisition of UP State Cement, Jaypee Cement is now looking at an aggressive expansion through the organic route. The company plans to invest close to Rs3500 crore for sign...
News - 01 January 2007

Holcim PR machine on the attack

Employees of Holcim France, the French arm of the Swiss cement supplier Holcim, demonstrated in Lille last week against plans by Nord Broyage, a subsidiary of Gamma Logistics Investments, to build...
News - 01 January 2007

Worker killed in UK cement kiln

A man was crushed to death at the Lafarge Northfleet cement works, UK. The Polish national was carrying out routine maintenance work inside a kiln when a piece of refractory concrete fell on top o...
News - 01 January 2007

Malaysia okays 10% rise in cement price

The government of Malaysia has approved a 10% increase in the price of cement, the first rise in more than a decade, an industry executive said Friday.    His comments sent shares of cement maker...
News - 22 December 2006

Lafarge begins cement production in Bangladesh

Lafarge Surma Cement Limited (LSCL), has started producing cement at a $270m Bangladesh project to meet demand from the country’s growing construction sector.    The LSCL is a joint entity of L...
News - 21 December 2006

Lafarge seals new EUR300m partnership deal with EBRD

Lafarge said Wednesday it is renewing its partnership with the European Bank for Reconstruction and Development.    Under the new deal, the EBRD has earmarked up to EUR300 million for investment ...
News - 20 December 2006

Portland to Sell More Shares

Investment Secretary Esther Koimett is expected to kick-start the process that will culminate in sale of more East African Portland Cement Company shares at the bourse. Lafarge, the owners of Bamb...
News - 18 December 2006

Lafarge speculation wanes as Frere stake mounts Lafarge Speculation Wanes As Frere Stake Mounts

Belgian investor Albert Frere continues to ease his holding in French cement giant Lafarge SA upwards but a full-blown takeover attempt would be out of character with analysts saying there’s still...
News - 18 December 2006

Lafarge finalises R1.1bn BEE deal

French construction materials group Lafarge said on Friday that it had concluded the R1,1-billion broad-based socio economic empowerment deal, that resulted in the sale of 26% of its South African...
News - 18 December 2006

Lafarge sells Yibitas Lafarge stake to Cimpor

Lafarge is withdrawing from its direct joint venture with Yibitas after 12 years.  The interest, which comprises of three integrated works and three grinding centres with a present combined capaci...
News - 15 December 2006