Spanish regulator expands cartel probe
Spanish competition watchdog, CNMC, has expanded its probe into concrete and cement producers on alleged cartel agreements. The regulator carried out inspections at the headquar...
Competition
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CRH confirms watchdog search at Platin works
CRH has confirmed its Platin works in Ireland, owned by its subsidiary Irish Cement, has been searched by the Competition and Consumer Protection Commission. “Irish Cement fully...
Spanish watchdog includes Lafarge and Holcim in cartel proceedings
Spanish competition regulator CNMC has included Lafarge and Holcim in the proceedings for alleged cartel agreements brought up against a number of sector players at the end of 2...
Spanish watchdog carries out preliminary inspection on price fixing allegations
Spanish competition regulator, CNMC, has carried out preliminary inspections over 20-21 January 2015 at the headquarters of various local concrete and cement producers on allega...
Lafarge Malaysia's 3Q14 pretax down 54.2%
Lafarge Malaysia reported a 54.2 per cent drop in third-quarter pretax profit on lower revenue and higher operating cost arising from the increase in electricity and fuel prices.
Competition Commission clears Shree acquisition of Jaiprakash unit
The Competition Commission of India (CCI) said it has approved a proposal of Shree Cement to acquire Jaiprakash Associates' 1.5Mta grinding unit in Haryana, saying the deal will...
Deutsche Bank upgrades Adelaide Brighton, Australia
Deutsche Bank has upgraded Australian building materials supplier Adelaide Brighton to hold from sell, citing recent share price underperformance. However, Deutsche continues to...
SA watchdog puts condition on merger approval
The Competition Commission of South Africa has consented to the merger of Holcim and Lafarge SA on condition that Holcim divests of the shareholding in Afrisam within three year...
Lafarge & Holcim propose Brazilian divestments
Lafarge and Holcim have published a list of proposed asset disposals to Brazilian Competition authority CADE, as part of efforts to help win regulatory approval for their planne...
Israel: antitrust moves to increase competition
Israel’s antitrust authority is taking steps to introduce competition in the domestic cement market by calling on the country’s dominant producer to make a plant disposal or adj...