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Dangote targets US$35bn-40bn London listing, Nigeria

Nigerian billionaire Aliko Dangote is targeting a market capitalisation of US$35-$40bn for his cement company when he lists it in London next year, he told Reuters on Wednesday. "It depends on th...
News - 14 June 2012

AfriSam adapts cement product portfolio, South Africa

South African cement producer AfriSam says it has re-engineered its cement product portfolio to provide fit-for-purpose solutions to almost any building or construction requirement. Speaking to B...
News - 07 June 2012

Cimpor

Camargo Corrêa, through its Austrian subsidiary Intercement Austria Holding GmbH, Vienna, is offering €5.60 per share for Cimpor and will inject its existing cement interests, primarily in Argenti...
Corporate - 06 June 2012

Lafarge

Lafarge's first-quarter turnover improved by 4.6% to €3353m, having advanced by 8.6% in the comparable period last year, and the EBITDA improved by 7.7% to €516m, while the running profit advanced...
Corporate - 06 June 2012

Holidays make for cool start to the past week

Rates in the Atlantic generally fell in the larger vessel sizes but Handysize charters firmed during the past fortnight. In the Pacific, a similar trend was noted although the Handysize segment de...
News - 31 May 2012

Ethiopia: future cement strategy

Ethiopia has become one of the fastest-growing African economies in recent years. The cement sector has also made significant strides in terms putting an end to its reliance on imports and satisfy...
Articles - 23 May 2012

PPC first-half sales rise eight per cent, South Africa

Pretoria Portland Cement, South Africa’s largest cement producer, reported an eight per cent rise in first-half profit (ending March 2012) and forecasts rises in regional demand. Net income ros...
News - 17 May 2012

India and Russia projects boost KHD first-quarter revenue

In the first three months of 2012, KHD generated revenue of EUR48.8m, which was primarily the result of projects in India and Russia. Revenue declined by 16.9% in a YoY comparison (previous year: ...
News - 16 May 2012

Infrastructure investments to secure steady annual growth of FDI to Africa

Scaling up regional infrastructure projects will facilitate intra- and inter-regional trade, create integrated energy markets through regional power pools, support water resources management, and ...
News - 15 May 2012

Cement prices turning a corner?

While cement pricing power is generally strongest during the construction up-cycle, it has remained remarkably resilient in the recent downcycle, particularly when considering the overall economic...
News - 14 May 2012