Articles > Newspapers > International Newspapers, Major Markets > The Star (South Africa) articles > November 2009

Article: PPC admits cement cartel, catching rivals cold.(Business Report)

Article from:
The Star (South Africa)
Article date:
November 12, 2009
Copyright

BYLINE: Roy Cokayne

Disclosures to the Competition Commission by Pretoria Portland Cement (PPC) about market-sharing arrangements with its competitors appear to have caught the three other major cement producers off guard.

The commission yesterday confirmed it had granted listed cement and lime producer PPC conditional leniency from prosecution under the Competition Act in exchange for the company's disclosure of "all cartel activities between PPC and its competitors".

Terry Legrand, the chief executive of Lafarge South Africa, said it was "extremely surprised by the allegations". Lafarge SA had a strong "complaints programme" and any breach ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: Lafarge SA - SWOT Analysis.
M2 Presswire;  September 16, 2008 ;     700+ words ... ... PRESSWIRE-16 September 2008-www.companiesandmarkets.com: Lafarge SA - SWOT Analysis(C)1994-2008 M2 COMMUNICATIONS LTD RDATE:15092008 -www.companiesandmarkets.com adds new report: Lafarge SA - SWOT Analysis Lafarge S.A. - SWOT Analysis company profile ...

Article: LAFARGE SA INCREASES ITS BUYOUT OFFER 9.3%.(News)
The Kentucky Post (Covington, KY);  April 4, 2006 ;     586 words ...Byline: From staff and wire reports PARIS -- Lafarge SA bowed today to pressure from minority shareholders in its Lafarge North America subsidiary and raised its buyout offer by 9.3 ...

Article: LAFARGE SA UPS OFFER.(Business)
The Cincinnati Post (Cincinnati, OH);  April 25, 2006 ;     399 words ...PARIS -- French building-materials maker Lafarge SA on Monday sweetened its offer to acquire the rest of its North American business, and a special committee of the North American ...

Article: French construction materials group Lafarge SA says ...
AP Worldstream;  November 8, 2007 ;     498 words ...French construction materials group Lafarge SA reported a 9-percent increase in third-quarter net profit Thursday, with emerging markets and higher prices outweighing the ...

Article: INDONESIA: Construction plans for proposed 1.4 million ton per ...
WWP-Business Opportunities in Asia & the Pacific;  February 1, 2005 ;     700+ words ... ... destruction resulting from the recent tsunami. The local PT SEMEN ANDALAS INDONESIA (SMI), a subsidiary of France-based LAFARGE SA, was recently damaged by the recent earthquake and tsunami in Aceh in particular. As a result, LAFARGE is now gearing ...

Article: CHINA: Construction plans for proposed $40,000,000 cement ...
WWP-Business Opportunities in Asia & the Pacific;  May 1, 2004 ;     700+ words ...PROJECT OVERVIEW: France-based LAFARGE SA currently operates 13 cement factories in China's mainland that employ a total staff of 2,700. And, the company is now gearing ...

Article: INDIA: Construction start-up on planned 110 crore cement plant is ...
WWP-Report on Mining, Metal Making and Conversion;  December 1, 2004 ;     700+ words ...PROJECT OVERVIEW: France-based LAFARGE SA presently holds a cement market share of 25% in India. Its local subsidiary, for that matter, LAFARGE INDIA launched its brand ...

Article: INDIA: Construction start-up on planned $25,000,000 cement plant ...
WWP-Report on Mining, Metal Making and Conversion;  January 1, 2005 ;     700+ words ...PROJECT OVERVIEW: France-based LAFARGE SA presently holds a cement market share of 25% in India. Its local subsidiary, for that matter, LAFARGE INDIA launched its brand ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives