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State to Curtail Chilanga Monopoly

The Zambian government intends to break the monopoly enjoyed by Chilanga Cement Plc with a view of stabilising the escalating price of cement.  Commerce, Trade and Industry minister Dipak Patel an...
News - 05 February 2004

Kymore plant to go the conveyor route

By August 2004 ACC Ltd will have its 2.25Mta capacity cement plant commissioned at Kymore in Chhattisgarh, India. The entire quantity of limestone, an estimated at 6Mta will be transported by a 11k...
News - 03 February 2004

Wait for Lafarge verdict

Residents in Westbury could have to wait until the end of March to learn whether the town’s cement works will be allowed to burn Recycled Liquid Fuel. Lafarge lodged an application to burn RLF for ...
News - 02 February 2004

ACC increased share activity

ACC has seen huge volumes on the bourses in the past two days on rumours that Gujarat Ambuja Cement Ltd is likely to offload its 14.4 per cent stake in the company, held by its subsidiary Ambuja C...
News - 30 January 2004

Lafarge cement volumes up

Turnover at Lafarge declined by 6.5% last year to €13,658m, but after adjusting for the exchange rate movements, which reduced the sales figure by 9.0%, and businesses disposed of, there was an un...
News - 29 January 2004

Cement makers slam government CO2 draft

The UK cement industry has criticised the government’s draft National Allocation Plan that identifies "ceilings" on CO2 emissions from cement as part of an emissions trading scheme. British Cement ...
News - 28 January 2004

Lafarge 2003 sales slip but beat forecasts

The world’s leading cement maker, Lafarge posted a 6.5 per cent fall in 2003 sales on Wednesday, hurt by dollar weakness, likely to be stable year-on-year.  Sales fell to 13.658 billion euros ($17...
News - 28 January 2004

PSP Engineering wins Russian contracts

Czech firm PSP Engineering, has won several new orders in Russia, according to the firm’s spokesman Ludek Fesar. PSP has signed deals to complete a cement mill at the Voskresensk cement factory, ow...
News - 26 January 2004

Moldovan Ciment gets special concession

Moldovan cement producer Ciment, owned by a French building materials group Lafarge, has become the first local company to receive a special electricity consumer status under a decision of the Nat...
News - 26 January 2004

Holcim announced a cash bid

Holcim has announced a cash bid for the 31 per cent minority in its largest profit earner, Mexican Holcim Apasco worth US$749m. Analysts at Merrill Lynch estimate Holcim is paying 5.4x 04E EV/EBIT...
News - 23 January 2004