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AfriSam settles in cartel case, South AfricaSouth Africa’s Competition Commission has entered into a settlement agreement with AfriSam, in which the company admitted that it took part in a cement cartel. AfriSam agreed to pay a penalty ...News - 02 November 2011 |
A time of changeOriginally planned for Cairo, Cemtech Middle East & Africa finally got under way at the Grand Hyatt Dubai on 5 March, attended by some 200 delegates from over 30 countries, with over 45 individ...Articles - 31 October 2011 |
September sees strong increases in demandSeptember was a strong month for cement consumption, with increases in 14 of the 15 countries that Jefferies follow. This was partly due to Ramadan being entirely in August this year, whereas it e...News - 31 October 2011 |
New SLV Cement dealer for the African marketCachapuz Bilanciai Group has extended the representation of SLV Cement to new countries in the African Continent through the Sasco Africa company. With this partnership, the SLV Cement solutio...News - 28 October 2011 |
Holcim, investor partner oppose bid for AfrisamAfrisam Ltd’s largest shareholders, including Holcim Ltd, said they oppose a takeover bid by South Africa’s government-owned pension fund manager because it will undermine efforts to redistribute ...News - 28 October 2011 |
The Scheifele interviewA series of major deals, culminating in the UK£8bn acquisition of Hanson (UK) in 2007, saw HeidelbergCement emerge as a global market leader in cement and aggregates. As with many companies in the...Articles - 26 October 2011 |
Corporate profile - LafargeLafarge’s turnover improved 1.8 per cent to €16,169m in 2010, with cement turnover being 1.7 per cent higher at €10,280m. Cement deliveries from the 168 plants were 3.9 per cent lower at 135.7Mt. ...Articles - 24 October 2011 |
Sustained effortsWith global climate change on the top of the agenda, cement companies are making sustained efforts to reduce their environmental footprints. ICR reviews the latest offering of corporate sustainabi...Articles - 24 October 2011 |
South Africa September sales see 12.7% YoY increasesRecent data from the Cement and Concrete Institute of South Africa shows that sales for September 2011 totaled 1.1Mt compared to 0.98Mt in 2010, up 12.7% – the highest growth experienced in the in...News - 11 October 2011 |
Holcim downgraded by Credit Suisse, JP Morgan lowers price targetCredit Suisse (CS) has downgraded Holcim to neutral from outperform citing the stock’s recent outperformance and as CS sees the company as most at risk from a potential slowdown in China. Such a s...News - 06 October 2011 |