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LafargeAccording to press reports, Lafarge is supposed to be looking for a buyer for its South African operations and an amount of up to US$800m has been suggested. If this were indeed the case, it would...Corporate - 31 December 2011 |
Lafarge seeking to sell South African unitLafarge is seeking a buyer for its cement operations in SA in a transaction that may be worth up to US$800m, according to media reports. Potential bidders may include Indian industrial conglomera...News - 22 December 2011 |
Approval for AfriSam takeover, South AfricaSouth Africa’s Competition Tribunal has given conditional approval for the Public Investment Corporation’s (PIC’s) takeover of empowered cement maker AfriSam, which is struggling under the burden ...News - 21 December 2011 |
PPC acquires stake in Habesha Cement, EthiopiaSouth Africa’s Pretoria Portland Cement Company (PPC) has become the largest shareholder in Habesha Cement (HC) acquiring 10 per cent shares worth ETB70m last week, according to local press report...News - 20 December 2011 |
3D elephant deliveryPPC?s elephant icon is the core of our logo, symbolising PPC Cement?s strength, great stature and dependability, with its powerful associations of wisdom, maturity, family- orientation, caring...Articles PDF - 13 December 2011 |
PIC, Afrisam bondholders agree on Afrisam reorganisationThe Public Investment Corp and most holders of EUR1.03bn of Afrisam Ltd. bonds due in 2012 agreed to a reorganisation of the debt, saving South Africa’s second-largest cement maker from collapse. ...News - 12 December 2011 |
South Africa November sales up 9.1%Recent data from the Cement and Concrete Institute of South Africa shows that sales for November 2011 totalled 1.14Mt compared to 1.05Mt in 2010, up 9.1%. Year to-date sales stand at 10.89, up ...News - 09 December 2011 |
Mills: hi-tech power housesOver the past few years, the importance of Vertical Roller Mills (VRM) has grown substantially. Loesche has established a sound reputation for its proven and powerful technology, especially concer...Articles - 07 December 2011 |
Polysius’ project portfolioFigure 1: Egyptian Cement Co plant (Ain El Soukhna, Egypt) from line 1 to 5 in less than 10 years The Middle East and African cement industry is undergoing fast growth fuelled by ur...Articles - 05 December 2011 |
PIC seeks court ruling to control AfriSamThe Public Investment Corporation (PIC) would be in a better position to renegotiate with the holders of EUR1bn (ZAR10.8bn) in AfriSam debt if it had full control of the cement maker, the state-ow...News - 05 December 2011 |