Lafarge boss Bruno Lafont wants someone with experience of the cement industry to be chief executive in the French group's planned tie-up with Swiss peer Holcim, daily newspaper Le Monde said.
The choice of CEO for what would
Switzerland's Holcim and France's Lafarge have agreed new terms for their plan to create the world's top cement firm, giving unhappy shareholders in the Swiss firm a better deal but leaving a key leadership question unanswered.
BASF, one of the world’s leading producers of construction chemicals, has joined hands with cement and concrete materials leader Lafarge to set up a new plant for the production and marketing of construction chemicals in the autonomous Ira
The world's two largest cement makers, Lafarge and Holcim, are in advanced talks to merge into a company with a stock market value of more than $50 billion in what would be the industry's biggest ever tie-up.
Cement maker Lafarge and miner Anglo American have agreed to sell British assets for up to £285 million ($452 million) to Indian steel tycoon Lakshmi Mittal, thus clearing the way for a building materials joint venture in the country.
Dubai Group is in talks to sell its 45 per cent stake in a joint venture firm with cement maker Lafarge, two sources familiar with the matter said, as the state investment vehicle sells assets to repay its $10 billion debt pile.
French group Lafarge, the world's biggest cement producer, has halted production in Egypt because of the worsening political crisis in the country.
"There is not really any economic activity in Egypt at the present time, so we have adapted
Lafarge Egypt may bid for one of eight new cement licences to be offered by the government this year, depending on energy prices, locations and other terms on offer, the company said on Tuesday.
"We are interested in boosting our productio
France's Lafarge posted a 39-per cent jump in 2007 net profit on Thursday, helped by cost savings and strong demand for cement in emerging markets, and forecast another increase in earnings in 2008.
The world's largest cement maker, which
Lafarge, the world's biggest cement maker, said it had agreed to buy Orascom Cement for 8.8 billion euros ($12.81 billion).
The deal would boost its earnings and exposure to high-growth emerging markets, it said.
Lafarge said that