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The magazine - Lafarge

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© Benoît Fougeirol<br />

STRIVING TO ATTAIN OUR FULL POTENTIAL<br />

Thiais RATP Bus Center, near Paris,<br />

made with Ductal®. Architects: ECDM.<br />

<strong>Lafarge</strong> reports<br />

a record 2007 first half<br />

Sales up 4% to €8,385 million, current operating income up 20% to €1,360 million (up<br />

23% in the Cement business and 30% in the Aggregates & Concrete business) and net<br />

income of €934 million (up 70% year-on-year).<br />

H1 2007 results, announced in August, augur well for the latter half of the year.<br />

This performance that we have achieved, in spite of the difficult economic climate in the<br />

United States, “reflects the structural improvement of our operations and the cost-cutting<br />

initiatives taken throughout the Group,” explains Chief Executive Officier Bruno Lafont. ■<br />

P A G E 4 8 | L A FA R G E | N O V E M B E R 2 0 0 7 | C R E S C E N D O<br />

© Samuel Ashfield<br />

RECOGNITION<br />

Environmental<br />

policy receives<br />

award<br />

In July, <strong>Lafarge</strong> UK<br />

received a Business<br />

in the Community Award<br />

for Excellence at the Royal<br />

Albert Hall in London<br />

in the presence of Al Gore<br />

and the Prince of Wales.<br />

This Eco-Award recognizes<br />

the Group’s commitment<br />

to the environment and<br />

the effectiveness of its<br />

resource recovery policy.<br />

<strong>Lafarge</strong>’s policy involves<br />

reducing greenhouse<br />

gas emissions and<br />

conserving non renewable<br />

energy and material<br />

resources by substituting<br />

them with recycled waste<br />

in the cement production<br />

process. ■<br />

SITE<br />

<strong>Lafarge</strong> expands<br />

its Gypsum<br />

business in Asia<br />

To increase its production<br />

capacity and strengthen<br />

its position in a highpotential<br />

Asian market,<br />

<strong>Lafarge</strong> Boral Gypsum<br />

in Asia (a <strong>Lafarge</strong>-Boral<br />

© Nian Zeng / Rapho<br />

joint venture) has invested<br />

$28 million in<br />

the construction of two<br />

plasterboard plants.<br />

<strong>The</strong> factories, which<br />

arein Chengdu (China)<br />

and near to New Delhi<br />

in India, each have<br />

a production capacity of<br />

10 million square meters.<br />

<strong>The</strong>y are expected to<br />

begin production in the<br />

first quarter of 2008. ■<br />

INNOVATION<br />

Chronolia <br />

and Extensia ,<br />

two revolutionary<br />

concretes<br />

<strong>The</strong> result of many years<br />

of research, <strong>Lafarge</strong>’s<br />

two new concretes<br />

Chronolia and Extensia <br />

meet today’s specific<br />

construction needs.<br />

By becoming resistant<br />

in four hours instead<br />

of between twelve<br />

and twenty hours<br />

for traditional concrete,<br />

Chronolia saves<br />

precious time!<br />

Meanwhile, Extensia <br />

concrete, which has<br />

been specially designed<br />

for concrete flooring<br />

Disvestment<br />

of <strong>Lafarge</strong> Roofing<br />

completed<br />

In March, Europe’s<br />

leading private equity<br />

firm PAI Partners<br />

completed its acquisition<br />

of <strong>Lafarge</strong> Roofing<br />

for an enterprise value<br />

of €2.4 billion.<br />

Wishing to maintain<br />

a link with the business,<br />

which operates in<br />

41 countries, <strong>Lafarge</strong> has<br />

reinvested €215 million<br />

alongside PAI Partners<br />

to take a 35% stake<br />

in the new entity. ■<br />

A new production<br />

line in China<br />

At the beginning of 2007,<br />

<strong>Lafarge</strong> Shui on Cement<br />

opened a new production<br />

line at its Dujiangyan<br />

cement plant in China.<br />

This injection of<br />

$58 million has enabled<br />

the Sichuan factory, which<br />

was already one of the<br />

country’s most modern<br />

plants, to double its<br />

production capacity.<br />

This is a major asset<br />

for <strong>Lafarge</strong>, enabling<br />

it to keep up with the<br />

exponential growth of<br />

the world’s largest cement<br />

market and shore up<br />

its leadership position<br />

in south-west China. ■<br />

© Serge Henri<br />

© ARR Mediatheque <strong>Lafarge</strong><br />

applications, can cover<br />

a large surface area<br />

without joints, steel mesh<br />

or steel fibers, limiting<br />

later cracking problems.<br />

Two new materials that<br />

are a real technological<br />

revolution in concrete. ■<br />

ACQUISITION<br />

<strong>Lafarge</strong><br />

increases its stake<br />

in Héraclès<br />

<strong>Lafarge</strong> now holds<br />

a 78.70% in Héraclès’<br />

capital. In April, the Group<br />

bought over 18 million<br />

shares in Greece's leading<br />

cement producer from the<br />

Greek National Bank for<br />

the sum of €322 million.<br />

<strong>Lafarge</strong>, which already<br />

held 52.70% of the<br />

company’s capital, has<br />

increased its stake<br />

by 26%. ■<br />

© ARR Mediatheque <strong>Lafarge</strong><br />

REDUCING CO 2<br />

And that<br />

makes three!<br />

After Morocco and<br />

Malaysia, <strong>Lafarge</strong> has<br />

now introduced a third<br />

Clean Development<br />

Mechanism (CDM) in<br />

India. <strong>The</strong> project,<br />

set up at the Arasmeta<br />

cement plant, involves<br />

replacing part of the<br />

clinker making up the<br />

cement with fly ash,<br />

a by-product of coal-fired<br />

power stations.<br />

A highly effective way<br />

of reducing greenhouse<br />

gas emissions<br />

linked to the cement<br />

manufacturing process,<br />

it is expected to reduce<br />

CO 2 emissions by<br />

around 70,000 tons<br />

a year. ■<br />

C R E S C E N D O | L A FA R G E | N O V E M B E R 2 0 0 7 | P A G E 4 9

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