Search Results

Spain and Turkey depress Cimpor ’s results

Helped by the initial consolidation of India and an additional six months from China, Cimpor’s turnover advanced by 6.2% last year to €2,088.9m, though the EBITDA was off by 3.4% to €586.3m.  The ...
News - 19 March 2009

Afrisam not expecting a major fall-off in cement demand

South African cement producer Afrisam does not expect cement demand to fall sharply in 2009, given the fact that strong demand from the infrastructure market is helping to offset the decline bein...
News - 13 March 2009

Southern African cement sales fall

Cement sales in the Southern African Customs Union fell 18 percent to 1.02 million tons last month, the Johannesburg-based Cement and Concrete Institute said yesterday. The union includes South Af...
News - 10 March 2009

Siam Cement: two year outlook, Thailand

Siam Cement Group (SCG) of Thailand  expects that domestic cement demand is likely to become normal in two years. Mr Pramote Techasupatkul, SCG Cement President, has projected that domestic cemen...
News - 06 March 2009

AfriSam rejigs BEE deal, South Africa

Black-owned cement producer AfriSam says it has saved R1bn in long-term funding costs by renegotiating the debt arrangement on its empowerment deal. In May 2007, a group of black investors known ...
News - 05 March 2009

Some green shoots among the gloom

While the Baltic Index for larger units has declined slightly in the opening days of March and market interest in both the Atlantic and Pacific basins has been somewhat muted for such ships, news ...
News - 05 March 2009

Acquisitions boost Titan’s turnover and cement tonnage

Titan’s turnover increased by 5.4% in 2008 to €1,578.5m, helped by acquisitions and broadly unchanged at the underlying level.  The weakness in the United States and in Greece was to a large exten...
News - 25 February 2009

Nigeria: SENEC moves to reacquire NIGERCEM

The South-East Nigeria Economic Commission (SENEC) has indicated interest and indeed on fast move to re-posses the collapsed Nigeria’s Premier Cement  factory, NIGERCEM at Nkalagu, Ebonyi state. ...
News - 13 February 2009

Demand expected to remain ’reasonably’ resilient - PPC

Regional demand for cement would remain “reasonably resilient”, despite the economic slowdown, Pretoria Portland Cement (PPC) chairperson Bheki Sibiya said on Monday, adding that the company’s new...
News - 27 January 2009

Lafarge sees larger pie from India

Lafarge has said that the contribution of emerging markets such as India to its bottomline may be bigger in two years than previously estimated. "The share of growing markets such as India, China...
News - 12 January 2009