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Significant fall in Cimpor 9-month profits

Cimpor’s turnover for the first nine months emerged 0.3% lower at €1565m, but, thanks to a 1.6% reduction in operating costs, the EBITDA showed a 2.9% improvement to €457m. Group cement shipments ...
News - 27 November 2009

Cimpor’s profits boosted by derivatives trading

Cimpor’s turnover for the first nine months emerged 0.3% lower at €1,565.0m, but, thanks to a 1.6% reduction in operating, the EBITDA showed a 2.9% improvement to €457.03m.  A 10.6% increase in de...
News - 26 November 2009

PPC profit falls 25%, South Africa

South African cement producer Pretoria Portland Cement (PPC) on Wednesday reported a 25 per cent drop in net profit for the 2009 financial year to R1.1bn. PPC had recorded a R1.5-billion net prof...
News - 13 November 2009

Pakistan’s DG Khan plans expansion

DG Khan Cement Ltd., Pakistan’s second-biggest producer, plans to invest PKR30bn (US$360m) to build a factory at home and in Sri Lanka, aiming to double capacity and tap demand in South Asia and E...
News - 12 November 2009

PPC makes cement cartel admission, South Africa

Pretoria Portland Cement (PPC) on Wednesday admitted that internal investigations have revealed that the company was involved in market-sharing arrangements with other cement producers in the late...
News - 11 November 2009

PPC sees FY headline EPS 35-45 per cent lower

Pretoria Portland Cement (PPC) said on Wednesday it expects to post a drop in full-year profit, mainly due to a one-off charge. PPC said headline earnings per share for the year to end-September ...
News - 28 October 2009

South Africa: cement producer focuses on reducing its environmental footprint

With the introduction of a new environmental policy, cement producer AfriSam is focusing on reducing its energy use and on using alternative fuels to decrease its overall environmental footprint. ...
News - 23 October 2009

Lafarge plans cement plant in Sudan

Lafarge SA plans to set up a cement factory in Sudan, the African country’s state-run news agency SUNA reported, citing Industry Minister Jalal Al-Diqair. The minister “welcomed” the French compa...
News - 16 October 2009

Dangote signs deal with Sinoma

Nigeria’s largest cement producer Dangote Cement said on Thursday it had signed construction contracts worth US$228m with China’s Sinoma International Group to build cement plants in Senegal and Z...
News - 16 October 2009

Lafarge to increase Zimbabwe output

Lafarge’s Zimbabwe unit plans to increase cement output to 90 per cent of its installed capacity of 450,000t next year, the company’s managing director said on Tuesday. Johnathan Shoniwa said Laf...
News - 14 October 2009