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Ohorongo eyes Americas marketsOhorongo Cement is eyeing international markets, as the commissioning date for its plant in Nambia nears. To facilitate the export of cement to the Americas, local press have reported the compan...News - 10 August 2010 |
PPC reviews expansion program, reduces expenditurePretoria Portland Cement Ltd. will revamp two plants instead of building a new one in South Africa’s Western Cape and will reduce spending on expansion in the province by ZAR1.5bn (US$205m) because...News - 03 August 2010 |
Adani imports coal for three Indian producersAdani Enterprises Ltd., India’s biggest coal importer, plans to import 400,000t of the fuel from South Africa for three major Indian cement producers. Adani, based in Ahmedabad, will import the ...News - 02 August 2010 |
LafargeLafarge continued to raise cash through disposals while maintaining control of strategic businesses. The sale of 11.2% in Lafarge Malayan Cement through a placing on the Malaysian stock exchange ra...Corporate - 31 July 2010 |
CemexCemex has agreed the sale of seven quarries, three aggregates distribution centres and a concrete block plant in Kentucky to Panadero Aggregates for US$90m. Panadero Aggregates was formed earlier t...Corporate - 31 July 2010 |
Some improvements in dry bulk freights but...Freight rates for dry bulk carriers have continued to edge higher during the last week of July, with the industry’s main benchmark, the Baltic Dry Index (BDI) gaining some 2.16 per cent over the p...News - 29 July 2010 |
Cemex reports 2Q resultsCemex announced today that consolidated net sales decreased 3% in the second quarter of 2010 to approximately US$3.8bn versus the same period in 2009. Operating EBITDA decreased 13% in the secon...News - 27 July 2010 |
Further downturns noted in most freight sectors in JuneA second consecutive week of sharp corrections for the dry bulk market, although some of the softness could be attributed to Chinese holidays at the start of the week. The Capes fell by the larges...News - 26 July 2010 |
Adelaide Brighton appoints new directorCement and lime producer Adelaide Brighton Ltd has appointed Ken Scott-Mackenzie as a non-executive director. Mr Scott-Mackenzie has also been appointed to the company’s independent directors com...News - 26 July 2010 |
Cement body appoints Lafarge CEO as chair, South AfricaThe Association of Cementitious Material Professionals (ACMP) said on Thursday that it had appointed Lafarge Cement South Africa CEO Thierry Legrand as its new chairperson. The ACMP said in a me...News - 22 July 2010 |