LAFARGE SA

LAFARGE SA

Previous company name
LAFARGE COPPEE SA
Name change date

Company Overview
Lafarge SA is the world leader in building materials. It is primarily engaged in manufacturing cement, aggregates and concrete, roofing and gypsum products. The company was founded by Leon Pavin in 1883 when his family purchased the Lafarge domain in 1749, an area known for its limestone deposits. The company won its first international order, delivering 110,000 tons of lime to help build the Suez Canal.
Quoted on the Paris and New York Stock Exchange, the company was listed under 100 Global Most Sustainable Corporations in the world. Its strategy aims to be the undisputed leader in the market that combines industrial know-how with performance, value creation, respect for employees, environmental protection and the conservation of natural resources and energy.
Lafarge develops a product offering for construction industry professionals and organizes its operations into four divisions: the Cement division, which produces cement and lime for construction; the Aggregates and Concrete division, which produces ready mixed and prefabricated concretes for roads and buildings; the Roofing division, which produces metal roof tiles and chimney systems for renovations; and the Gypsum division, which produces gypsum wallboard system, tiles and building gypsum for finishing work on construction projects. The company’s products include: Ductal, Agilia, Ultra and Sensium for concrete and aggregate; CoolRoof and ArteviaColor for roofing system; Platec, Protecta and Signa for Gypsum; and Sensium, NewCem, MaxCem, TerCem and SF for cements.
The company’s partners include WWF (World Wildlife Fund), Care, Habitat for Humanity, European Bank for Reconstruction and Development (EBRD), Ecole Polytechnique, Ecole des ponts, and PAI partners. The company is a member of the following networks: NANOCEM (a European Research Network), Global Corporate Citizenship, Global Business Coalition on AIDS, United Nations Global Compact, and World Business Council for Sustainable Development (WBCSD).
Lafarge is active in 76 countries and in every continent including Asia/Pacific, Central and Eastern Europe, Western Europe, North America, South America, Africa and Mediterranean Basin.
Business Summary
The Company organizes its operations into four divisions: Cement, Aggregates & Concrete, Roofing and Gypsum.
The Company offers the construction industry and the general public innovative solutions bringing greater safety, comfort and quality to their everyday surroundings. The Company offers all construction industry sectors – from architect to tradesman, from distributor to end user – a comprehensive range of products and solutions for each stage of the building process.
Description and history
The Company specializes in the construction materials. The Company organizes its operations into four divisions: Cement, Aggregates & Concrete, Roofing and Gypsum.
The Company is incorporated under French law. Its trade name is ‘Lafarge’. The Company was founded in 1884 under the name of ‘J. and A. Pavin de Lafarge.
The Company is registered in the Trade and Companies of Paris under number 542105572 RCS Paris.
The Company ‘s shares have been traded on the Paris stock exchange since 1923 and have been a component of the French CAC-40 market index since its creation. Since July 23, 2001, The Company ‘s shares have traded on the New York Stock Exchange (‘NYSE’) in the form of American Depositary Shares.
The Company Group is listed on London (since 30 October 1972), Frankfurt stock exchanges.
HISTORY
1833 – 1914 Solid foundations
In 1833, Leon Pavin, launched an industrial lime production operation, having taken over a business acquired by his family in 1749 with the purchase of The Company domain in south-eastern France, an area known for generations for the quality of its limestone deposits. The Company signed its first major international contract in 1864, delivering 110,000 tonnes of lime for the construction of the Suez Canal. The Company opened its first central research laboratory in 1887, the Le Teil Laboratory, with which highly reputed scientists collaborated. In 1908, the Central Laboratory filed a patent for Ciment Fondu calcium aluminate, obtained by fusing a mixture of bauxite and limestone. This new high alumina binder gradually established a reputation as a rapid-hardening cement resistant to both high temperatures and corrosion. In the years until 1914, favouring a strategy of horizontal integration, The Company, now the ‘Societe des Chaux et des Ciments de Lafarge du Teil’, set about acquiring lime and cement companies in all parts of France.
1914 – 1955 Growth on all fronts International development began with the opening up of North African markets. The Company, which had operated in Algeria ever since 1866, now became the leading Portland cement producer in Algeria, and set up operations in Morocco and Tunisia. The Company continued to acquire companies in mainland France. With a quarter of the domestic market, The Company became established as France’s number one cement producer.
In 1926, The Company opened its first aluminous cement plant in the United Kingdom. It diversified into gypsum in 1931, and developed Superblanc, a new cement, in 1932. By 1939, The Company was the leading cement producer in France. After 1945, The Company gained a new lease of life with the arrival of Alfred Francois at the helm, the Marshall Plan and the post-war rebuilding boom : production doubled over the next ten years.
1955 – 1981 Mergers, acquisitions, developments
In 1956, The Company constructed its first North American cement plant, creating Lafarge Cement of North America with the start-up of the Richmond plant in Canada. In 1959, The Company began operations in Brazil. By the end of the 1960s, The Company Canada has become the third largest cement producer in the country, with annual production capacity of 900,000 tonnes. In 1980, a merger agreement was signed between The Company and Coppee, the newly formed group becoming ‘Lafarge Coppee’. Acquisitions in the United States and Canada established Lafarge Coppee as the number one cement producer in North America.
1982 – 1990 The conquest of Europe
During the 1980s, with the construction of a single market representing more than 300 million inhabitants, The Company chose to expand its business in Europe. The Company first turned to Germany, raising its stake in Portland Zementwerk at Wossingen to 83%. Through the purchase of the Swiss company, Cementia in 1989, The Company acquired interests in Asland (Spain), Aslan (Turkey) and Perlmooser (Austria). The followed investments in Eastern Europe: East Germany, the Czech Republic (1991), then Poland, Romania, Russia and Ukraine. The agreement with the East German cement producer, Karsdorf, came even before German reunification had been mooted.
1990 – 2001The Company becomes world leader in building materials
1994 saw The Company take a foothold in China. Today, all four of the Group’s Divisions operate there, and there have been developments throughout Asia (1998: Indonesia and the Philippines; 1999: India and South Korea).
The Group’s expansion in Poland began in 1995 with the acquisition of a 75% stake in Kujawy. Within six years (2001), 4 entities representing all four Divisions were active in the country.
The Company acquired Redland in 1997, positioning itself more strongly in Aggregates and Concrete and gaining entry onto the Roofing market.
Thanks to the acquisition of Warren in Canada in 2000, The Company became one of the leading aggregates producers in North America. The Company focused on its main four Divisions, and divested its Specialty Products businesses, which became Materis.
The Company was the first industrial group to conclude a partnership agreement with WWF (World Wildlife Fund for Nature).
In 2001, following the acquisition of Blue Circle, The Company became the world’s leading cement producer. The Company was introduced Into the New York Stock Exchange (NYSE).
In 2002, The Gypsum Division has acquired the plasterboard businesses of Gyproc (a subsidiary of British PlasterBoard) in Germany, Poland and Central Europe.
The Cement Division acquires two new cement plants in Slovenia and in Serbia.
In 2003, the Cement Division enters Australia and has constructed a new cement plant in Mexico, near Mexico City.
In 2004, The Group:
- acquires in Ecuador Cementos Selva Alegre.
- acquires The Concrete Company of Columbus, Georgia, United States with operations in both cement and concrete;
- acquires Hupfer Holdings with operations in France and Switzerland in aggregates activities;
- acquires an additional 10.2% stake in The Company Halla Cement, in South Korea;
- acquires an additional 14% stake in our gypsum operations in The Company Gypsum in Asia, in a joint venture with Boral.
In 2006:
- Bruno Lafont becomes Chief executive Officer and announces his new management team,
- The Company successfully completes the cash tender offer of The Company North America,
- the Excellence 2008 strategic plan is launched, for a long-term leadership,
- the project of divestment of the Roofing activity to PAI Partners is initiated,
- new plants all over the world are inaugurated and there is a clear acceleration of the internal growth program,
- Safety becomes The Company’s number 1 priority with a wide-ranging action plan.
In 2007:
On March 1st, 2007, PAI partners and The Company have announced that they completed the sale of the Roofing Business to PAI partners.
On January 2008, Acquisition of Orascom Cement.

Founded by Leon Pavin, when his family purchased the Lafarge domain, known for its limestone deposits, in 1749

Description in French
La Sociйtй est spйcialisйe dans des matйriaux de construction. La Sociйtй organise ses activitйs en quatre branches : ciment, granulats & bйton, toiture, plвtre.
La Sociйtй est une sociйtй anonyme de droit franзais. Son nom commercial est “Lafarge”. La Sociйtй a йtй crййe en 1884 sous le nom de “J. et A. Pavin de Lafarge”.
Le siиge social est situй au 61, rue des Belles Feuilles, BP 40, 75782 Paris Cedex 16. La Sociйtй est immatriculйe au Registre du commerce et des sociйtйs de Paris sous le numйro 542105572 RCS Paris. Les actions de La Sociйtй se nйgocient sur la Bourse de Paris depuis 1923. Les actions de La Sociйtй se nйgocient йgalement sur la Bourse de New York en 2001 (« New York Stock Exchange », « NYSE ») sous la forme d’American Depository Share (ADS). Chaque ADS (code LR) reprйsente le quart d’une action. Present sur tous les continents, La Sociйtй poursuit une strategie de developpement international. Elle vise simultanйment a faire croоtre ses activitйs sur les marchйs des pays dont le potentiel de croissance est important, а developper les produits en croissance sur les marchйs des pays murs, et а saisir toutes les opportunitйs de croissance externe. La Sociйtй implante dans plus de 70 pays avec prиs de 71000 collaborateurs.

HISTOIRE
La Sociйtй a йtй crййe en 1884 sous le nomde “J. et A. Pavin de Lafarge”.
1887 : La Sociйtй fonde son premier laboratoire central avec lequel collaborent des scientifiques de renom : le Laboratoire du Teil.
1900 : La Sociйtй lance le premier concept de marque et genйralise un systиme de plombs qui scellent les sacs de jute ou de chanvre. Chaque usine a son plomb et La Sociйtй conseille de s’assurer que ses produits portent cette estampille, signe de reconnaissance de la marque.
1908 : Dйpфt d’un brevet sur le Ciment Fondu? mis au point par Jules Bied, directeur du Laboratoire Centrale, obtenu par fusion de calcaire et de bauxite. Ce liant alumineux forgera sa reputation comme ciment a durcissement rapide, resistant aux hautes tempйratures et а la corrosion.
1919 : Premiиres tuiles en beton.
La Sociйtй Redland est fondйe dans le sud de l’Angleterre et se lance dans une nouvelle aventure industrielle : celle des tuiles en beton. Le procйdй avait йtй mis au point par le Bavarois Adolphe Kroher, d’aprиs le brevet de l’Anglais Joseph Aspdin, dиja inventeur du ciment Portland.
1926 : Premiиre usine de Fondu au Royaume-Uni
1932 : Mise au point d’un nouveau ciment, le Superblanc
1957 : Premier pousseur sur la scиne. Dйpassйes les pйniches qui transportent les granulats. La Sociйtй inaugure son premier pousseur, le ‘Touille’, qui pousse devant lui un convoi de barges.
1964 : Premiиre usine de plaques de platre La Sociйtй а Carpentras (France)
FUSIONS, ACQUISITIONS, IMPLANTATION :
1956 : Crйation de La Sociйtй Cement of North America. Les troubles politiques vont bientфt compromettre les investissements franзais au Maghreb. La Sociйtй se tourne alors vers l’ouest et l’Amerique, dйcidant de prendre racine au Canada. La Sociйtй Cement of North America est lance. Une autre usine sera construite a Montreal.
A la fin des annйes 60, La Sociйtй Canada s’impose comme le troisiиme cimentier du pays avec une capacitй de production de 900 000 tonnes annuelles.
1959 : La Sociйtй fait route au sud et s’implante dans l’йtat du Minas-Gerais au Bresil.
1972 : l’expansion outre-Atlantique se poursuit avec la fusion de Canada Cement, le concurrent de toujours.
Avec ses onze usines, une capacitй de production de 6 millions de tonnes annuelles, est a prйsent leader sur le marche.
Le ciment apparaоt dйsormais comme le matйriau d’avenir. Devenue sociйtй anonyme, la SA des Chaux et des Ciments de La Sociйtй du Teil se lance rйsolument dans l’industrie cimentiиre et entreprend d’importants investissements pour adapter son appareil de production.
Ambitieux, La Sociйtй ne s’en tient pas lа et fait le necйssaire pour s’implanter aux Etats-Unis.
Chose faite en 1973, par l’accord avec Lone Star. c’est la crйation a 50/50 de Citadel, en 1973, qui opиre trois usines dans la rйgion du sud-est.
En 1980, un accord de fusion est signe entre La Sociйtй et Coppee.
Le nouvel ensemble devient ‘Lafarge Coppee’. La Sociйtй entre dans les biotechnologies.
En 1981, le Groupe rachete General Portland, le troisieme cimentier des Etats-Unis, avec une capacite de production de 5,2 millions de tonnes.
L’opйration qui s’йlиve a 340 millions d’USD est la plus importante jamais menйe par l’entreprise. Fort de ses implantations au Canada et aux Etats-Unis, ‘Lafarge Coppee’ devient le premier producteur en Amйrique du Nord.
Dates_clиs de l’histoire de La Sociйtй:
1833 Dйbut des opйrations de La Sociйtй en France.
1864 La Sociйtй live 110 000 tonnes de chaux pour la construction du canal de suez.
1931 Dйbut de l’activitй plвtre.
1956 La Sociйtй construit sa premiиre cimenterie au Canada, а Richmond.
1981 Acquisition de General Portland, qui fait de La Sociйtй l’un des principaux cimentiers en Amйriques du Nord.
1994 La Sociйtй entre sur le marchй chinois avec la crйation d’une joint-venture dens le ciment.
1997 Acquisitions de Redland plc, l’un des principaux producteurs mondiaux de granulats et bйton prкt а l’emploi.
2001 Acquisition de Blue Circle Industries plc.
2006 La Sociйtй dйtient 100% de La Sociйtй North America Inc.
Fйvrier 2007 Cession de la branche Toiture а PAI Partners.
Janvier 2008 Acquisition d’Orascom Cement.

Description in Italian
Lafarge e uno del mondo primo produttore di materiali di costruzione. Di gruppo prese posizioni principali in ognuno delle sue aree di affari di centro: cementi, concreto, aggrega, gesso, copertura con tetto e prodotti di specialita. La societa ripara la costruzione, l’ingegneria civile, costruzione di strade, manutenzione e rimessa a nuovo – con 65 piante di cemento in 20 paesi su cinque continenti, Lafarge puo rispondere alle necessite dell’industria intera – da architetti a muratori e da sviluppatori a fabbricanti concreti. Durante 1997 la societa acquise Redland nel Regno Unito per una considerazione totale di BP 3.45 per azione o BP 1.8 miliardo.
Business Line
Primarily engaged in manufacturing cement, aggregates and concrete, roofing and gypsum products
Subsidiary
AL SAFWA CEMENT COMPANY
Advisor
DELOITTE & ASSOCIЙS
IPO date
1/1/1923
US SIC Code
3241
Company Address
BP 40
61-63, RUE DES BELLES FEUILLES
City province or state postal code
75116, PARIS
Phone: +33 1 44 34 11 11
Fax: +33 1 44 34 12 00
Country address: FRANCE
Website url: www.lafarge.com

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