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Fauji Cement Co to become Pakistan's third-largest cement producerFauji Cement Co Ltd (FCCL) heads to become the third-largest cement producer with a total cement production capacity of 10.5Mta in Pakistan, according to AKD Research. FCCL commissioned its ...News - 25 April 2023 |
Samson Materials Handling Ltd appoint new MDMartin Dummigan has been appointed Managing Director of SAMSON Materials Handling Ltd, Ely, UK, member of the AUMUND Group of companies, effective from the 1 April 2023. He brings with him more t...News - 11 April 2023 |
Bamburi Cement to open a new shale quarryKenya-based Bamburi Cement (part of Holcim )will be opening a new shale quarry in Kwale County to serve a new cement plant. The quarry is expected to supply around 20 per cent of the total reso...News - 03 April 2023 |
PPC seeking buyers for CIMERWA stakeSouth Africa-based PPC is looking to sell its shareholding in Rwandan cement producer CIMERWA . “PPC is selling its 51 per cent stake in CIMERWA and the government will discuss if it is able to...News - 21 March 2023 |
PPC expects drop in South Africa and Botswana sales volumesSouth Africa-based PPC forecasts a 4-7 per cent drop in sales volumes in its domestic market and Botswana for the 12 months ending 31 March 2023, according to Reuters. To protect and restore its...News - 17 March 2023 |
South Valley Cement reports decline in net losses in 2022Egypt’s South Valley Cement has reported sales in 2022 of EGP873.73m (US$28.3m), up from EGP284.62m in the previous year, according to Zawya. Over the same period, the company saw a net loss of ...News - 08 March 2023 |
AfriSam awaits government infrastructure spendingThe outlook for South Africa’s struggling construction industry remains uncertain, hovering between the massive infrastructure expenditure figures being publicly mooted and the state’s seeming in...News - 06 March 2023 |
Dangote Cement’s pan-African operations sales fall 8% in FY22Dangote Cement ’s pan-African operations sold around 10Mt of cement and clinker in 2022, down 8.1 per cent from the 10.9Mt sold in 2021. “This is due to the continuous global supply chain disrupt...News - 01 March 2023 |
LafargeHolcim Bangladesh appoints new CEOThe Board of LafargeHolcim Bangladesh Ltd (LHBL) has announced the appointment of Mohammad Iqbal Chowdhury as the new CEO for the company. Iqbal Chowdhury will succeed Rajesh Surana who has b...News - 16 February 2023 |
Algeria eyes improved exportsA general election in 2023 has encouraged the Algerian government to push through reforms against the tide of rising inflation and cost of living crisis. Public revenues are stretched following th...Articles - 14 February 2023 |