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Balala says leave Lafarge alone, KenyaMvita MP Najib Balala has defended Lafarge Cement Company against claims of monopolistic practices in Kenya. Mr Balala said the company’s acquisition of shares in the country’s three largest ceme...News - 15 August 2006 |
Portland ownership structure set for reviewEast African Portland Cement Company (EAPCC) major shareholders have agreed to review the firm’s ownership structure. Trade and Industry Permanent Secretary, Mr David Nalo, said the review was nec...News - 14 August 2006 |
Lafarge quizzed over its high Kenyan involvementKenya’s Trade and Industry Minister Mukhisa Kituyi has said the government was uncomfortable with Lafarge’s dominance in the domestic cement and that it wanted more competition. Lafarge currently...News - 11 August 2006 |
New Lafarge research centre opensLafarge has unveiled a research centre in Staffordshire. The technical laboratory, based at its Cauldon production centre, will replace its former laboratory in Kent. The UK£2m development include...News - 11 August 2006 |
Talks due over ownership of PortlandMajor shareholders of East African Portland Cement Company are set to discuss its controversial ownership tomorrow. Speaking at a Press conference in which the Government denied being behind t...News - 10 August 2006 |
Portland Cement looks for a new CEOThe board of directors of the East African Portland Cement Company (EAPCC) has appointed Mr Ndegwa Kagio as the acting managing director as an interim measure. The board resolved to immediately ad...News - 07 August 2006 |
Romcim sales up 24.2 per cent YoY H1 2006Cement producer Lafarge Romcim registered a 24.2 per cent YoY increase in sales value and a 21.4 per cent rise in volume in the first half of 2006. Lafarge Romcim expects its 2006 turnover to g...News - 04 August 2006 |
New CEO for Heracles Cement, GreeceManagement of Athens-quoted Heracles General Cement Co said on Wednesday that a new managing director was in place. Saad Sebbar launched his corporate career at France’s Lafarge, Heracles’ owner, ...News - 03 August 2006 |
Lafarge improves volumes and margins, investment plans in ChinaLafarge’s turnover increased by 21.3% to EUR 8,759m and the EBITDA by 31.5% to EUR 1,699m. The trading profit before exceptional items pushed ahead by 40.6% to EUR 1,177m, while the net attributab...News - 03 August 2006 |
Lafarge H1 net profit jumps 53 pct on strong organic growthLafarge said net profit jumped a greater-than-expected 53 per cent to EUR548m in the first half from EUR359m a year earlier, lifted by ’strong organic growth’, especially at its cement activities....News - 02 August 2006 |