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South Africa sales down 12.4% in FebruaryCement sales in SA moved 12.4% lower YoY in February to 736,691t from 840,586t at the same month in 2010, data from South Africa’s Cement and Concrete Institute showed. Cement sales had declined ...News - 11 March 2011 |
Sephaku Holdings interim trading statement, South AfricaSephaku Holdings expects an increase in net asset value per share (NAVPS) of between 40% and 50% for the six months ended December 2010, compared with February 2010. The company on Wednesday repo...News - 10 March 2011 |
Ohorongo cement now availableThe first product from Ohorongo Cement plant located at Otavi, Namibia is already on the market. Currently, only two cement grades are on the shelves – 32.5 and 42.5. The cement reached the marke...News - 04 March 2011 |
South Africa: construction costs threaten industryThe price gap between an existing and new house is at a new record level and it is now 33.8% cheaper to buy an existing house than to build a new house. This suggests that an improvement in activi...News - 04 March 2011 |
Cimpor: boosted by BrazilCimpor increased turnover by 7% in 2010 to €2239.4m, boosted by strong performances in Brazil, Turkey and China, but partially offset by the decline in Spain. The EBITDA advanced at a slower pace,...News - 04 March 2011 |
LafargeLafarge's turnover improved by 1.8% to €16,169m in 2010 and the EBITDA edged ahead by 0.4% to €3614m. The trading profit declined by 1.5% to €2441m, and with financial charges being 4.5% lower at €...Corporate - 28 February 2011 |
PPC scales back following local downturnPretoria Portland Cement (PPC) has clamped down on overhead costs – other than advertising and strategic projects – because of the severe downturn in the industry. Cement volumes were still decl...News - 23 February 2011 |
Pakistan exports declineIn the first seven months of the current fiscal (July 2010-January 2011) Pakistan exported 4.74Mt of cement and earned US$244.53m compared to 5.98Mt at US$289.27m between July-January 2009-10. Thi...News - 22 February 2011 |
New kiln capacity contracts rose in 2010, FLSmidth announcesIn 2010, FLSmidth announced in its annual report that optimism and customer interest gradually returned after a marked slowdown in customers’ investment plans in 2009. In cement, India was the pr...News - 17 February 2011 |
South Africa cement sales down 4.6%Cement sales in South Africa fell 4.6 per cent YoY in January to 641,860t from 672,676t at the same time in 2010, data from the Cement and Concrete Institute showed on Thursday. Cement sales had...News - 10 February 2011 |