Lafarge extends EUR1.2bn credit facility, France
Lafarge said Tuesday it has extended its syndicated credit facility by two years from July 2013 to July 2015 for a total amount of EUR1.2bn. The extended facility supported ...
Lafarge
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Lamarche to be named on Lafarge's board
Gerard Lamarche, managing director of Groupe Bruxelles Lambert, will be named on the board of French cement maker Lafarge. He will replace Thierry de Rudder. Lamarche, 50, gra...
Lafarge to close kiln line at Joppa Cement, USA
Lafarge has shut down Kiln Line No 2 at its Joppa cement plant, Illinois, USA, citing the continued challenging economic environment as the reason for shutting down one of its ...
S&P revises down Lafarge outlook to ‘negative’
Standard & Poor’s (S&P) has revised its outlook on Lafarge from ‘negative’ to ‘stable’ while keeping its BB+ long-term and B short-term credit ratings on the French cement prod...
High court halts Lafarge plans to close Frangey site, France
The French High Court has blocked Lafarge’s plan to close its plant in Frangey, northern France until 25 November 2012. SeeNews France reports that the court has also annulled...
Competition Commission settles with Lafarge, South Africa
South Africa’s Competition Commission has reached a settlement with Lafarge for being part of cement cartel. Lafarge is to pay an administrative penalty of ZAR149m, or six p...
Natixis reiterates Lafarge “buy” recommendation
Natixis has confirmed its “buy” recommendation and EUR40 share price target on Lafarge. The broker said it is confident of the company’s ability to achieve its 2012 goals and r...
Lafarge-Tarmac tie-up challenged on competition grounds, UK
The planned merger between Lafarge and Tarmac has been called into question by the UK’s Competition Commission (CC) on grounds that the tie-up could damage competition in both ...
Lafarge meets debt reduction target, net profit falls
Lafarge reported a 28 per cent decline in net profit in 2011 reflecting write-offs mainly in Greece, while sales rose three per cent. For 2012, the group sees cement demand edg...
Lafarge Jordan appoints New CEO
Lafarge Group announced the appointment of Toufic Ahmed Tabbara as CEO for Lafarge Jordan, both Cement and Concrete. Tabbara will take on his new position in February 2012, aft...