Search Results

Egypt’s Orascom Construction nine month net up 40 per cent

Egypt’s Orascom Construction Industries reported a 40 per cent rise in net income on Tuesday for the first nine months of 2007 to US$491.8m from $350.3m a year earlier.     The Cairo-based group ...
News - 27 November 2007

Tanzania cement shortage caused by exports

Tanzanian cement manufacturers need to increase production capacity to narrow the deficit currently experienced by local consumers. Hezekiel Chibulunje, the Deputy Minister for Industry, Trade an...
News - 26 November 2007

Rwanda to import cement from China

Rwanda is to start importing cement from China to complement locally produced volumes.     The move comes at time prices of cement in Rwanda are increasing steadily following shortage of supply f...
News - 21 November 2007

Binani buys Dec-Feb S.Africa coal at $130.00/T CIF

India’s Binani Cement has bought four panamax cargoes of South African coal at an average price of around $130.00 a tonne CIF following a recent tender, the seller said.     The seller was an Ind...
News - 16 November 2007

Uganda: Chinese firm takes US$105m Lafarge-Hima expansion works

Lafarge has awarded a Ush185 billion (US$105m) turn-key contract to China’s CBMI Construction for the later to expand its cement capacity in Uganda from 350,000t to 830,000tpa. With demand surpas...
News - 07 November 2007

Tanzania waives import duty on cement to ease supply deficit

Cement producers in the East Africa Community region will, in the next six months, benefit from a temporary 15 per cent import duty tax reduction in Tanzania. The reduction is a temporary measur...
News - 05 November 2007

Indonesia ’08 cement demand seen rising-Gresik

Indonesia’s largest cement maker, PT Semen Gresik Tbk , expects domestic cement demand to increase to 35Mt next year from an estimated 33-34Mt this year, a senior company official said on Friday. ...
News - 02 November 2007

Florida holds back Titan

For the first nine months of the year, Titan’s turnover declined by 3.7% to EUR1,143.8m and the EBITDA was off by 6.7% to EUR 341.8m.  Net debt at the end of September was 35.0% higher at EUR...
News - 01 November 2007

PPC CEO says sees 6-8 per cent sales growth in 2008

South African cement maker  Pretoria Portland Cement (PPC) expects sales growth of 6-8 per cent this current financial year and is upbeat about prospects beyond 2010,  its chief executive said on ...
News - 30 October 2007

FLSmidth Minerals wins multiple orders in materials handling

FLSmidth Minerals has been awarded a contract to provide two mobile overburden handling systems to Fortescue Metals Group (FMG) for their iron ore mine in the Pilbara region in the north of Wester...
News - 23 October 2007