Sun, February 5 2012
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The latest business and legislative news from around Europe

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Business News 03 February 2012

Vicat posts 12.5% consolidated sales in 2011

Vicat achieved a 12.5% rise in consolidated sales in 2011, according to new figures published by the French building materials group. Expansion in Kazakhstan and India, solid financial posi.. Read more..

Business News 03 February 2012

Cemex's net sales up 8%

Latest figures from Cemex show that the company's consolidated net sales increased by 6% during the fourth quarter of 2011 to approximately US$3.7billion and increased 8% for the full year t.. Read more..

Business News 03 February 2012

Lafarge axes 460 jobs

Lafarge is axing 460 jobs as part of a reorganisation of its worldwide corporate division. The French building material group says 90 of the job losses will be in France, where the company has se.. Read more..

Business News 02 February 2012

Russian cement plant upgrade under way

The upgrading of Lunsin Mining Company’s Yuzhno-Sakhalinsk cement plant is under way. The Russian plant, launched in 2011, produced 7,000 tons of cement in its first year. Pro.. Read more..

Business News 02 February 2012

Additives demand to increase

World demand for cement and concrete additives is projected to increase 8.35% annually to $15.8 billion in 2015, a significant improvement over the performance of the 2005-2010 period.%0.. Read more..

Business News 02 February 2012

HeidelbergCement's €3bn credit extension

HeidelbergCement has secured an extension of its €3 billion syndicated credit facility, which was due to mature at the end of 2013, until 31 December, 2015. All 17 origina.. Read more..

Business News 02 February 2012

Lafarge increases its waste energy consumption

Lafarge’s energy consumption from waste rose to 15% last year, compared to 11.7% in 2010. The French construction materials group has spent several years trying to reuse low-c.. Read more..

Business News 02 February 2012

German cement demand tipped to record no growth in 2012

Cement demand in Germany will not grow in 2012, according to national cement industry association Verein Deutscher Zementwerke (VDZ). In 2011, demand for cement grew more than 13%. Turn.. Read more..

Business News 01 February 2012

Holcim allowed to burn more waste

Holcim has been allowed to completely replace conventional fuels with waste when making cement at its production plant in Sehnde-Höver near Hanover, in Germany. The permission granted by the .. Read more..

Business News 31 January 2012

Sany to buy Putzmeister

Chinese construction equipment company Sany is buying Putzmeister, theGerman manufacturer of concrete pumps, in a deal said to be worth €360-500million. Although the terms .. Read more..