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South Africa: Cement makers quiet on new co-operator

Cement producers AfriSam and NPC-Cimpor are remaining quiet on which of them has broken ranks and recently committed to fully co-operate with the Competition Commission in its investigation into t...
News - 21 May 2010

South African Cement Maker Cooperates on probe

A second of South Africa’s four "major" cement producers agreed to cooperate with an investigation by the Competition Commission into antitrust practises in the industry, Business Report said. Th...
News - 20 May 2010

China to buld US$90m cement factory in Mozambique  

China will build a US$90m (Euro72m) cement factory in Mozambique, a spokesman said on Wednesday, the latest in a string of investments around Africa. The China Development Bank is financing the f...
News - 20 May 2010

PPC Zimbabwe cement sales climb

Pretoria Portland Cement’s Zimbabwean division trebled sales to 35,000t per month from 10,000t. This resulted in the local division contributing significantly to group revenue compared to South A...
News - 16 May 2010

Jidong, South African cement plant joint venture

A Chinese-South African joint venture will build a 2500tpd cement plant in South Africa at an investment of US$221m.   China’s Jidong Development and the China-Africa Development Fund will hold 51...
News - 14 May 2010

South African cement drivers

Increased infrastructural spending by the government, numerous planned projects by public corporations, low-cost housing projects, and the revival of residential building construction are factors ...
News - 13 May 2010

PPC posts rise, concerns over rest of year

South Africa’s biggest cement maker PPC posted a 10 per cent rise in first half profit helped by its Zimbabwean unit, but said it was concerned about the outlook for the rest of the year. PPC sai...
News - 12 May 2010

Strong Brazilian market boosts Cimpor

The first quarter report from Cimpor shows turnover 0.5% lower at €479.4m while the EBITDA declined by 8.7% to €123.5m.  The strong growth in Brazil went a long way to reduce the impact of the wea...
News - 11 May 2010

Vietnam: securing new export markets

Plans by Vietnamese cement producers to ease a surplus in the domestic market by ramping up exports of cement may be difficult to carry out, according to several experts from the sector. General ...
News - 04 May 2010

Cemex

Cemex saw first quarter turnover decline by 10.2% to US$3,042.6m, which represented an underlying reduction of around 16%. The EBITDA was off by 22.8% to US$515.0m and the trading profit fell by 50...
Corporate - 30 April 2010