Lafarge completes trials for new generation low-carbon cement
Lafarge has successfully completed an industrial trial for Aether®, its new-generation clinker formulated for lower-carbon cements. The trial mobilised a team of around 100 peo...
France
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French cement consumption rises 5% in October
French cement demand increased by five per cent YoY to 1.904Mt in October, data from association Syndicat Français de l'Industrie Cimentière (SFIC) shows. Domestic producers a...
Asia and US improvements boost Vicat nine month results
Vicat's turnover for the first nine months of the year edged ahead by 0.2 per cent to EUR1731m, but this represents an underlying decline of one per cent. Asian and US improvem...
Lafarge appoints director of R&D
Carlos Espina has been appointed as Director of Research and Development of the Lafarge Group, with effect from 1 Octbober 2012. Mr Espina was formerly Chief Executive Officer,...
HSBC lifts Lafarge share price target, France
HSBC has lifted the share price target of Lafarge to EUR55 from EUR52 and reiterated its "overweight" recommendation. Analysts with HSBC revised up by three per cent their exp...
Vicat first-half 2012 turnover eases
France-based Vicat's first half performance improved strongly in Asia but results have mainly deteriorated elsewhere. Turnover for the six months to June 2012 eased by 1.5 per...
European cement majors: first half trends
The last week has seen three leading European cement majors release first-half 2012 results: Lafarge, HeidelbergCement and Italcementi. The latest figures appear to confirm the...
Ciments Francaise first-half revenue declines
Ciments Francais, part of the Italcementi Group, reported that consolidated revenues for the first half of 2012 amounted to EUR1.9m, down 4.8 per cent YoY reflecting a 6.5 per ...
Fives FCB acquires Technip’s cement division, France
Fives FCB, a subsidiary of the Fives Group, has acquired the business portfolio of CLE Groupe Technip France, the specialist cement plant division of the Technip Group. For m...
Lafarge takes hit on Greek impairment charge, maintains outlook
Lafarge has reported improved second-quarter sales and operating profit but net profit plummeted as it took an impairment charge of EUR200m (US$244m) on its Greek assets. Se...