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South African market challengesFull-year data for South African cement sales released this week show that dispatches edged ahead in 2012, but the growth rate remained tepid. Producers will hope that the government's new infras...News - 08 April 2013 |
South Africa sales rise by 3% in 2012South African cement sales edged ahead 2.9 per cent in 2012 to reach 11.6Mt from 11.23Mt the year before, data from the Cement and Concrete Institute (C&CI) shows. For the final quarter of the ...News - 04 April 2013 |
CimporCimpor's turnover from continuing activities declined by 3.1 per cent to EUR1510m (US$1930m) and compares wit the actual EUR2275.3m shown in 2011 on the old structure. The comparable EBITDA eased ...Corporate - 04 April 2013 |
South Africa cement project secures loanSouth Africa-based Nedbank and Bank of China have agreed to provide a ZAR800m (US$86m) loan for a 1Mta greenfield cement plant in Limpopo. “A master finance agreement was entered into between N...News - 27 March 2013 |
China’s transition underwayThe speed of China’s cement industry restructuring was always going to be a drawn-out affair. The scale of the market and ambitious modernisation plans of a government intent on reshaping the indu...Articles - 27 March 2013 |
Cimpor: restructured for growthFollowing the restructuring of Cimpor and asset swaps with InterCement Austria Holding, the Portuguese cement major is looking forward to an increased footprint in Latin America and Africa, two ge...News - 25 March 2013 |
PPC Zimbabwe secures funding for new projectPPC Zimbabwe has secured US$200m to build a second plant, according to local press reports. Chief executive, Zak Limbada, said: “We have secured US$200m for the projects but I cannot disclose t...News - 13 March 2013 |
Habesha Cement appoints new chairman, EthiopiaHabesha Cement of Ethiopia has appointed a new chairman as well as new board members to reflect changes in the company's shareholding. Tamiru Wondimagegn has been appointed as Habesha Cement’s ...News - 11 March 2013 |
Vicat grows in AsiaFrance-based cement major Vicat reported a 1.2 per cent rise in turnover in 2012 to €2292.2m, but the EBITDA declined by 10.9 per cent to €437.4m and the trading profit fell by 20.8 per cent to €2...News - 08 March 2013 |
Titan's profits decline, except in the USATitan Cement of Greece reported a 3.6 per cent recovery in turnover for 2012 to €1130.7m, following the 19.2 per cent drop in the previous year. EBITDA, however, continued its double-digit decline...News - 05 March 2013 |