Lafarge Cement fined US$778m for ISIS payments
Lafarge Cement has agreed to plead guilty and pay a fine of US$777.8m for payments it made to terror organisation ISIS to keep operating a cement plant in Syria. The payments t...
Syria
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Lafarge to face charges for paying Islamic state in Syria
A French appeals court has confirmed that the cement giant Lafarge must face charges of complicity in crimes against humanity over alleged payoffs to Islamic State group and ot...
Holcim collaborates with authorities over Lafarge SA case
Holcim is continuing to collaborate with the French judicial authorities, which interviewed a representative of Lafarge SA on 29 November 2021, for the second time since 2018, ...
Hama Cement sees cement production reach 1.06Mt in 2020
The Syrian Co for the Manufacture of Cement and Building Materials (Hama Cement) has reported 1.06Mt of cement production for 2020. Clinker production also reached 714,000t dur...
French court postpones Lafarge Syria ruling
A French court has postponed its decision on whether to uphold preliminary charges against Lafarge after the cement company had allegedly made payments to Syrian armed organisa...
Jalabiyeh plant in Syria set on fire
The international coalition has set fire to LafargeHolcim’s Jalabiyeh plant, just north of Aleppo near the Turkish border, Syria, to prevent the Syrian Arab army taking possess...
Al-Maslamia cement plant expected to be privatised
The Al-Maslamia cement plant in northern Aleppo, Syria, has been the subject of negotiations between Katerji International Group and Syria's General Organisation for Cement and...
Shares of Turkish cement firms plummet
Turkish Cement firms have seen a sudden drop in share prices after Turkey's military begin operations in Syria and the EU shows no interest in financing the resettlement houseb...
Russia looks at Al Arabiya upgrade
Representatives of several Russian companies have held negotiations to restore and upgrade the Al Arabiya cement plant in Syria as well as build a cement works in Muslimiya in ...
French judges drop case against former LafargeHolcim CEO
Eric Olsen, former LafargeHolcim CEO, is no longer being investigated by French judges as part of a wider investigation into whether the company helped finance terrorism in Syr...