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Lafarge to buy L&T's concrete business for Rs1,480 crore

Mumbai: French cement company Lafarge SA said it agreed to acquire the ready-mix concrete business of engineering and construction firm Larsen and Toubro Ltd

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Venezuela takes control of its cement industry

Venezuela said yesterday that it will take control of three foreign-owned cement businesses, but will let the current owners keep minority shares.Oil Minister Rafael Ramirez made the announcement after talks with representatives of Mexico's Cemex SAB, France's Lafarge SA and Switzerland's Holcim Ltd.

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Lafarge profit up 9% as emerging markets offset U.S. woes

LONDON (MarketWatch) -- French construction materials group Lafarge SA Thursday said net profit for the third quarter was up 9%, supported by emerging markets growth and higher prices, and in spite of the slowdown in the U.S. residential market. In a statement, Lafarge said net profit for the third quarter stood at EUR600 million, compared to EUR548 million a year earlier. The figure was above expectations....