Cement News tagged under: Lafarge
UK cement after Brexit21 September 2016, Published under Cement NewsThe UK’s cement sector has seen substantial change in the last 12 months, with new cement producers coming to the market and a raft of legislation to ensure a competitive market for customers going forward. The recent Brexit vote has cast a shadow over the economy, but even though several very large projects are currently on hold, the long-term fundamentals for cement demand remain strong. HeidelbergCement-owned Hanson operates around 3Mta of cement capacity at plants in Padeswood ... |
Canada: Lafarge improving environmental impact13 September 2016, Published under Cement NewsLafarge has completed a CAD20m (US$15.3m) modernisation project at its Exshaw plant in Alberta. The works focussed on improving the plant’s environmental impact but also nearly doubled output from 1.3Mta to 2.2Mta. The retrofit was carried out on the plant’s kiln No. 5, alongside the construction of a new state-of-the-art kiln No. 6. While completing this project, which was started in 2013, one of the plant’s older kilns had to be decommissioned. Amongst the environmental measures put... |
India: reason for optimism?17 August 2016, Published under Cement NewsThe first quarter of 2016 provided some basis for optimism for India’s cement producers as the sector reported double-digit expansion. However, in the months ahead, the monsoon season and the perennial overcapacity of the industry continue to haunt profitability. The amendment of The Mines and Minerals (Development and Regulation) Act is expected to facilitate M&A in the cement sector The first quarter of 2016 has seen India’s cement industry make a positive start to the year... |
LafargeHolcim India head joins Executive Committee09 August 2016, Published under Cement NewsLafargeHolcim made the decision to induct Head of LafargeHolcim India, Martin Kreigner, into the Executive Committee of the group, giving him additional responsibilities in southeast Asia. Mr Kreigner will be based out of Mumbai. These recent changes to the executive committee reflect the group and its portfolio’s evolution following divestments and integration, LafargeHolcim said in in a statement. The restructuring of operations reveals the growing importance of Indian business. Lafa... |
Syria: Lafarge protected interests from ISIS22 June 2016, Published under Cement NewsAccording to French newspaper Le Monde, Lafarge entered into deals with armed groups in Syria, including the Islamic State, to protect its staff and business interests in the country. Lafarge is yet to respond to queries from Agence France-Presse (AFP), saying only that "Lafarge's absolute priority has always been ensuring the safety and security of its staff." The Jalabiya cement works, situated 150km northeast of Aleppo, purchased by Lafarge in 2007 is at the centre of the ‘deals’ alleg... |
Malaysia: slow cement growth in 201603 June 2016, Published under Cement NewsMalaysia is proving to be a challenging market for Lafarge where it is reported to have seen profits fall by 72 per cent in 1Q16 to US$5m. While this has resulted partly from production issues, it represents a significant fall in sales from a year earlier when profits were up at US$17.9m for the 1Q15. Indications are that Lafarge is not the only producer finding the Malaysian market somewhat challenging at present. Depreciation of the ringitt also saw Cahya Meta Sarawak Bhd (CMS) raise it... |
Malaysia: Lafarge takes 1Q16 hit on net profits26 May 2016, Published under Cement NewsLafarge Malaysia Bhd is optimistic about its prospects this year despite having had a challenging 1Q16. The company's net profit fell nearly 72 per cent to US$5m in the first quarter of this year from US$17.9m in the same period a year earlier. President and CEO, Thierry Legrand, attributed this to lower contribution from the cement segment, following continued price competition and one-off integration costs following the acquisition of Holcim (Malaysia) Sdn Bhd. "But are we are well-po... |
France: Daniel Group to buy Lafarge quarries24 May 2016, Published under Cement NewsDaniel Group is to buy three assets of Lafarge in France. The Baudreix-Mirepeix site comprises a 200,000tpa alluvial gravel quarry and a concrete plant. The agreement will also include the acquisition of the 350,000tpa Louvie-Juzon, an open pit limestone quarry, as well as a further concrete plant. These purchases add to the offer of the construction material specialist, which aims to broaden its customer base. With these acquisitions, the Daniel group owns 19 sites, reports Aggregate Resea... |
Lafarge Africa appoints new group managing director23 May 2016, Published under Cement NewsLafarge Africa Plc has announced the appointment of Michel Puchercos as its new group managing director/CEO. A French national, Mr Puchercos has worked in South Korea, Kenya, Uganda, Tanzania and France and speaks various languages including French, English, Korean, Spanish and Swahili. He started his career in 1982 at the French Ministry of Agriculture, where he was head of two departments. He left the ministry after seven years to other companies as general manager and executive vic... |
USA: Lafarge cancels Joppa expansion18 May 2016, Published under Cement NewsLafarge North America has put an end to expansion plans at the Joppa Cement Plant, Massac County, Illinois. A spokeswoman for Lafarge, Robin De Carlo, said that the cancellation of plans to install a third kiln at the Illinois plant was due to the two kilns already in operation meeting current needs. Lafarge purchased the Joppa Cement plant in 1991. |