Cement News tagged under: Lafarge
Zimbabwe: firms face closure13 May 2016, Published under Cement NewsDue to an influx of cheap imported products in Zimbabwe, local cement producers have warned of a possible scaling down of operations and closures, saying protectionist measures are needed to save the industry. In a recent position paper presented to the Ministry of Industry and Commerce by the Cement and Concrete Institute of Zimbabwe, local cement manufacturers have called for the government to ban imported cement, among other interventions, saying the market is oversupplied. Some measu... |
France: Saint-Pierre-la-Cour plant to raise alternative fuel usage05 May 2016, Published under Cement NewsLafarge is to increase its alternative fuel usage at Saint-Pierre-la-Cour, the biggest cement plant in France, reports Aggregate Research. The replacement rate of fossil fuels currently used could reach 83 per cent thanks to a new shredded solid waste recovery workshop, which was inaugurated in March 2016. Lafarge aims to be less dependent on imported products and promote local industry. In 2013 the thermal substitution rate at the cement plant was 60 per cent, up from 39 per cent in 2012.... |
Lafarge inaugurates new solid waste grinding unit in France31 March 2016, Published under Cement NewsLafarge has inaugurated a new solid waste grinding facility at its Saint-Pierre-la-Cour cement works in Mayenne, France. The new unit will help the French cement producer to increase its thermal substitution rate to over 80 per cent. The company sources around 60 per cent of its waste from the Loire and Bretagne area. |
Buzzi Unicem strengthens US distribution network22 February 2016, Published under Cement NewsBuzzi Unicem has added three new terminals to its distribution network, acquired after the merger between Lafarge and Holcim. Located in Rock Island (IL), Grandville (MI) and Elmira (MI), the terminals will serve new markets for Buzzi. Rock Island terminal has a cement distribution capacity of around 70,000tpa. Cement is delivered to the terminal from Buzzi's Selma (MO) plant by barge along the Mississipi river, or by rail from the Greencastle (IN), Cape Girardeau (MO) and Selma plants. ... |
Lafarge halts EUR20m investment in Sagunto plant, Spain17 February 2016, Published under Cement NewsThe management of Lafarge yesterday made public its decision to halt the expansion of its quarry and its plant at Sagunto, Spain, due to “the uncertainty created by the new local government and the lack of viable alternatives,” according to El Mercantil Valenciano. The cement producer had intended to spend around EUR20m in upgrading its plant. In 2013 Lafarge and the town council of Sagunto agreed for the company to accept the limits to the use of its quarrying concession and move to the o... |
Lafarge may need to divest of more Indian assets due to mining regulations06 January 2016, Published under Cement NewsLafarge India has submitted a revised proposal to the Competition Commission of India (CCI) to sell its entire 11Mta of assets in India, Business Standard reports, citing an investment banker familiar with the development. This decision comes after Lafarge's plan to sell its 5.15Mta cement capacity in Chhattisgarh and Jharkhand to Birla Corp has hit a hurdle due to mining regulations. Investment bankers said the MP Birla Group company was facing challenges in securing limestone mining righ... |
Mbeya Cement launches new product, Tanzania14 October 2015, Published under Cement NewsMbeya Cement, part of the LafargeHolcim group, has introduced higher-strength cement named Tembo Supaset 42.5 cement. Catherine Langreney, CEO of Lafarge Tanzania, said the product specifically addresses the needs for block making, concrete mix, mega structures and high visibility infrastructure projects--bridges, roads and stadiums. "This brand is the result of careful [almost one year] research and development by our cement technical experts, Ms Langreney said yesterday during the launch... |
Looking forward to growth09 September 2015, Published under Cement News15 July 2015 saw the official launch day of LafargeHolcim, the merger between building materials giants, Lafarge and Holcim, which brings into being a world leader with 386.5Mta of cement production capacity installed across the globe. Since Holcim and Lafarge revealed their merger plans on 7 April 2014, both companies have put in considerable effort to lay the foundations of a balanced partnership and avoid the proverbial clash of titans. They divested some of their assets to meet regul... |
CRH completes Lafarge-Holcim transaction03 August 2015, Published under Cement NewsCRH announced that the transaction to acquire certain assets from Lafarge SA and Holcim Ltd for a total enterprise value of EUR6.5bn is now complete, with the exception of the Philippines which is expected to close in the third quarter of this year. The deal was initially announced in on 2 February 2015, with a binding agreement sealed between the companies towards the end of May. Commenting on the completion of the acquisitions, Albert Manifold, CRH chief executive, said: “Today we extend... |
Exchange rate helps Lafarge’s 6% EBITDA increase31 July 2015, Published under Cement NewsLafarge's first-half turnover improved by 5.3 per cent to EUR6319m while EBITDA advanced by 5.9 per cent to EUR1223m. The trading profit moved ahead by 7.7 per cent to EUR813m. At the net attributable level, however, there was a EUR477m loss, compared with a EUR70m profit a year ago. Net debt at the end of June was 1.5 per cent higher at EUR10,253m and the gearing level rose from the 65.4 per cent reported in respect of this time last year to 67.8 per cent. Capital expenditure increased by 2... |