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Cemex

Cemex' first-quarter turnover advanced by 11.2%, or an underlying 9%, to US$3384.1m and the EBITDA edged ahead by 0.7% to US$518.2m. The trading profit recovered by 16.1% to US$172.3m and, after a ...
Corporate - 30 April 2011

Sephaku Cement announces new Limpopo project

Sephaku Holdings, today announced the establishment its second major project, a 3000tpd facility near Dwaalboom in Limpopo Province, some 300km north-west of Johannesburg in South Africa. The go-a...
News - 20 April 2011

Pretoria Portland Cement warns of profit slump, South Africa

South Africa’s leading cement producer, Pretoria Portland Cement (PPC) advised on Wednesday that its earnings per share and headline earnings per share for the six months ended March 2011 are expe...
News - 20 April 2011

Dangote signs US$3.9bn contract with Sinoma

The Dangote Group of Nigeria and Chinese firm Sinoma have entered into a fresh US$3.9bn contract to be executed in six African nations. The contract which was signed in Lagos by the President of ...
News - 13 April 2011

South African monthly sales down 2.1%

Cement sales in South Africa during March 2011 were down 2.1 per cent month-on-month, data from the South African Cement and Concrete Institute showed. Year-to-date (Jan-March 2011) sales were 2.4...
News - 11 April 2011

Bamburi, and Athi River Mining urged to end row, Kenya

Vice President Kalonzo Musyoka has urged Kenyan cement producers Athi River Mining (ARM) and Bamburi Cement to immediately settle their dispute out of court to allow other investors to start a lim...
News - 10 April 2011

PPC: renewable energy delays make it tough to achieve goals

Delays to South Africa’s renewable-energy procurement processes, together with new uncertainty surrounding the renewable energy feed-in tariffs (Refit) rates, are inhibiting PPC from committing to...
News - 07 April 2011

Cimpor

Cimpor increased turnover by 7.4% in 2010 to €2239.4m, boosted by strong performances in Brazil, Turkey and China, but Spain was well down. The EBITDA increased by 3.9% to €629.8m. The trading prof...
Corporate - 31 March 2011

PPC profits seen down 30%, South Africa

Pretoria Portland Cement (PPC) said Tuesday that due to difficult trading conditions, PPC’s financial results for the six months ended March 2011 are expected to decrease by more than 30% compared...
News - 22 March 2011

Schenck Process acquires Clyde Process Solutions

Since the end of February Schenck Process (Germany) has been the sole shareholder of Clyde Process Solutions, a supplier of air filtration, pneumatic conveying and injection technologies. Th...
News - 17 March 2011