Lafarge S.A.
Lafarge S.A.: Lafarge to increase its plasterboard capacity by 50% in the UK
Corporate-news announcement sent by DGAP.
The sender is solely responsible for the contents of this announcement.
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PRESS RELEASE
Euronext: LG, NYSE: LR Paris, February 22, 2005
Lafarge to increase its plasterboard capacity by 50% in the UK
Lafarge announces today that it will invest approximately EUR45 million in a
new plasterboard plant in the Midlands, which will increase its capacity by
50% in the UK with an additional 25 million square metres. The launch of the
construction will start in 2005. Once completed this new plant will create
employment for more than 60 persons.
The plasterboard market in the UK has been growing rapidly since 2001. This
new plant will use state of the art manufacturing standards to offer a range
of quality plasterboard products to serve the increasing demand from its
customers across the country.
Key to making this investment was the Group’s recent agreement to secure a
source of synthetic gypsum from EDF Energy’s coal-fired power station at
Cottam, near Retford in Nottinghamshire.
Nearly half the gypsum used by Lafarge worldwide is synthetic. Processing
synthetic gypsum follows Lafarge’s actions in the field of sustainable
development by preserving natural resources. Plasterboard is an
environmentally friendly product.
Note to Editors:
Lafarge Plasterboard, the unit of Lafarge Gypsum in the UK, is the second
largest supplier of plasterboard systems in the UK and its existing facility
is in Bristol.
Lafarge, the world leader in building materials, holds top-ranking positions
in all four of its Divisions: Cement, Aggregates & Concrete, Roofing and
Gypsum. Lafarge employs 77,000 people in 75 countries. In 2004, the Group
posted sales of EUR14.4 billion.
Further information is available on the web site at http://www.lafarge.com .
COMMUNICATIONS:INVESTOR RELATIONS:
Stéphanie Tessier: 33-1 44-34-92-32 stephanie.tessier@lafarge.com
James Palmer: 33-1 44-34-11-26 james.palmer@lafarge.com
Amanda Jones: 33-1 44-34-19 47 amanda.jones@lafarge.com
Danièle Daouphars: 33-1 44-34-11-51 daniele.daouphars@lafarge.com
Statements made in this press release that are not historical facts are
forward-looking statements made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. These statements are not
guarantees of future performance and involve risks, uncertainties and
assumptions (“Factors”), which are difficult to predict. Some of the Factors
that could cause actual results to differ materially from those expressed in
the forward-looking statements include, but are not limited to: the cyclical
nature of the Company’s business; national and regional economic conditions in
the countries in which the Group does business; currency fluctuations;
seasonal nature of the Company’s operations; levels of construction spending
in major markets; supply/demand structure of the industry; competition from
new or existing competitors; unfavorable weather conditions during peak
construction periods; changes in and implementation of environmental and other
governmental regulations; our ability to successfully identify, complete and
efficiently integrate acquisitions; our ability to successfully penetrate new
markets; and other Factors disclosed in the Company’s public filings with the
French Autorité des Marchés Financiers and the US Securities and Exchange
Commission including its Reference Document and annual report on Form 20-F. In
general, the Company is subject to the risks and uncertainties of the
construction industry and of doing business throughout the world. The forward-
looking statements are made as of this date and the Company undertakes no
obligation to update them, whether as a result of new information, future
events or otherwise.
end of message, (c)DGAP 22.02.2005
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WKN: 850646; ISIN: FR0000120537; Index:
Listed: Freiverkehr in Berlin-Bremen, Düsseldorf, Frankfurt, Hamburg, München
und Stuttgart
222101 Feb 05
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