MOST READ Plant Expansions Alabama Cement plans low-carbon facility in Theodore, New facility to boost sustainable production April 24, 2025 Environment Holcim Hungary inaugurates solar power facility in Hungary site enhances clean energy commitment April 24, 2025 Lafarge's Lafont: affordable financing needed Mr. Bruno Lafont, CEO of Lafarge, said on Friday that companies in the "real economy" need affordable financing to get through the current financial crisis. He said that the most significant risk is "what is going to happen in the real economy -- namely lower consumption, lower production." Read more: Lafarge's Lafont: affordable financing needed Tough first 3 quarters in the Gulf The Arabian Gulf cement sector has seen a 15% drop in profits for the first three quarters of 2008. In aggregate, profitability of listed GCC companies companies was $1,46 billion in the third quarter 2008 compared to $1,72 billion in the third quarter last year. Read more: Tough first 3 quarters in the Gulf Holcim Lebanon profits drop 45% Holcim Lebanon reported that net profits were $6 million in the first half of 2008, down 45,5% from $11 million in the first half of 2007. Read more: Holcim Lebanon profits drop 45% Alexandria Portland net flat Egypt's Alexandria Portland Cement reported a 2% drop in net profit for the first nine months in 2008 to LE 129,7 million ($23,4 million), Reuters reported on Tuesday. Alexandria Cement is controlled of Greek cement maker Titan.  EAPCC still negotiating loan with Kenya's Treasury East African Portland Cement is struggling to make headway in its negotiations with Kenya's Treasury over a yen-denominated loan the company is currently servicing. Read more: EAPCC still negotiating loan with Kenya's Treasury Cimpor profits fall 30% through Sept Cemex up on hopes of refinancing Cimpor YTD results driven by new markets ARM given $25MM loan for Tanzania plant Page 88 of 781 83 84 85 86 87 88 89 90 91 92 Sign in Don't have any account? Create one SHOW Forgot your username/ password? Log in Terms Of Service Privacy Policy This site is protected by reCAPTCHA and Terms of Service apply Sign in as: User Registration * Required field Sign In Information Personal Information Agree Yes No Terms of Service:You consent that we will collect the information you have provided us herein as well as subsequent use of our platform to render and personalize our services, send you newsletters and occasionally provide you with other information. * Fields marked with an asterisk (*) are required. Register SaveCookies user preferencesWe use cookies to ensure you to get the best experience on our website. If you decline the use of cookies, this website may not function as expected.Accept allDecline allCW GroupNewsAcceptDecline