Lafarge sells minority stake in gypsum operations
Lafarge is to sell its remaining 20 per cent minority stake in its European and South American gypsum operations to Belgian building materials group Etex for an immediate cash ...
Lafarge
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Mbeya Cement inaugurates new bag filter, Tanzania
Lafarge Mbeya Cement, part of the Lafarge group, has inaugurated a new bag filter to reduce stack emissions at its plant at Songwe, Tanzania. The initiative forms part of the c...
USA: Ravena plant to be renovated
Lafarge has declared that it will spend several hundred million dollars to renovate its Ravena cement plant in Albany County. The revamped factory should be operational again b...
Lafarge advances in markets outside Europe and the Near East
In the first nine months of the year, Lafarge's turnover declined by 4.4 per cent to EUR11,484m, while the EBITDA fell by 10.5 to EUR2309m. At the trading level the reduction w...
Lafarge 3Q net profit steady, announces new cost reduction and innovation targets
Lafarge reported a slight increase in the third-quarter profit with on the back of reduction initiatives, despite sales being impacted by negative currency movements. Chairm...
Egypt sees signs of stablisation
Signs of stability are beginning to emerge in the Egyptian cement market with visibility improving in several areas, a recent flash note by CM-CIC Securities highlights. The...
Lafarge WAPCO reports 26% rise in pretax profit
Lafarge WAPCO Cement Nigeria has recorded an increase in pretax profits of 26 per cent for the nine months to the end of September. The company reported pretax profits of NGN2...
Lafarge confirms commitment to Indian market
Despite the current slowdown on the Indian market, Lafarge has reaffirmed its commitment given the country’s huge long-term potential. In an interview with the Economic Times...
UK cement industry faces shake-up
The Competition Commission (CC) in the UK has said it is looking to invigorate competition in the British cement market by opening the way for a new independent producer. As...
Rising South African input costs impacting Lafarge margins
Lafarge South Africa has said it may raise cement prices on the local market due to higher fuel and electricity costs. Thierry Legrand, country chief executive, said last wee...