The magazine - Lafarge
The magazine - Lafarge
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