North / South America
Fredonia prepares for loss of Lafarge cement plant
Feb, 17 2012
(Fredonia) -- The small Kansas town of Fredonia is bracing for the loss of its Lafarge cement plant, which is set to close next month.
The plant opened in 1907 and has operated 24 hours a day ever since. Citizens say they're worried about literal losses, such as the fact that workers will lose their jobs and the company will no longer buy water from the city, but that the loss is also sentimental.
UK competition authority stays Lafarge deal until April 2015. In January the UK Competition and Markets Authority said it would require Lafarge to sell off another cement plant to a new entrant to the UK industry. More
PPC, South Africa’s largest cement maker, said slower economic growth and falling infrastructure spending has led to a “particularly tough” domestic market for the company. More