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Heracles Cement 9-month net profit down 39.1%Greek cement producer Heracles, majority owned by Lafarge, said on Wednesday nine-month net profit after tax fell 39.1 per cent, due to a one-off gain last year. Heracles said net profit fell ...News - 30 November 2006 |
Heidelberg expands in IndiaGerman cement major, Heidelberg Cement, is strengthening its position in India. After buying a controlling stake in Mysore Cement in July, it has now acquired two grinding units in Kerala, accordi...News - 30 November 2006 |
Rinker Rejects Cemex bid, Mexican firm may walkRinker Group Ltd Wednesday said the US$11.7 billion hostile bid from Cemex SA is "far too low", pressuring the world’s third largest cement maker to sharply improve its terms or walk away from Au...News - 29 November 2006 |
Oyak not to bid for Lafarge-Yibitas cement factories.Celal Caglar, head of Oyak cement group, said that Oyak would not bid for the cement companies to be sold by Lafarge-Yibitas. Caglar noted that the competition board is not likely to approve the a...News - 29 November 2006 |
Lafarge to invest EUR6.5m in Romanian plantLafarge plans to invest EUR6.5m to implement the European environment protection standards at its cement plant in Hoghiz, in the Romanian central county of Brasov, by 2007 when Romania will join t...News - 29 November 2006 |
Lafarge invests to keep pace with growing demandIn a bid to meet the rapidly growing cement demand in South Africa, Lafarge has committed itself to a number of short- and medium-term infrastructure investments to increase its local production c...News - 24 November 2006 |
Lafarge to guarantee Lafarge North America’s US$400m of outstanding debt securitiesLafarge announces that it is providing an unconditional guarantee on all outstanding bonds issued by its subsidiary Lafarge North America Inc. under an Indenture for debt securities dated October ...News - 23 November 2006 |
HeidelbergCement leads race for GSCLHeidelbergCement AG is understood to have emerged as the frontrunner to pick up the promoters’ stake in Gujarat Sidhee Cements Ltd (GSCL), according to local news reports. The Mehtas, who control...News - 23 November 2006 |
Lafarge Malayan Cement returns to profitLafarge Malayan has recorded a nine-month pre-tax profit of RM138.688m (US$38m) against a loss of RM26.237m a year ago as it benefits from firmer domestic and higher export prices. Domestic cement...News - 23 November 2006 |
Lafarge Shui On expects China’s cement demand will increase by 30% before 2010Cyrille Ragoucy, CEO of Lafarge Shui On Cement, recently announced that from now until 2010, China’s cement consumption volume will increase by 30%. However, due to intense competition, approxim...News - 21 November 2006 |