Lafarge Executes Rapid Project


24 December 2014


Lafarge Malaysia Bhd's (LMB) wholly owned subsidiary, Lafarge Cement Sdn Bhd, has executed its contract with Petronas Refinery and Petrochemical Corp Sdn Bhd for the concrete supply for the proposed refinery and petrochemical integrated development (Rapid) project worth RM254 million. In an exchange filing yesterday, the company said the Package 21D is for the duration of five years. In a separate filing to Bursa Malaysia yesterday, Lafarge has acquired a cement mill and ancillaries, through its unit Associated Pan Malaysia Cement Sdn Bhd, from Lafarge Cement (Romania) SA for RM45.96 million.The acquisition is within the ordinary course of business of LMB Group.