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Egypt’s Orascom Construction nine month net up 40 per centEgypt’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 exportsTanzanian 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 ChinaRwanda 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 CIFIndia’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 worksLafarge 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 deficitCement 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-GresikIndonesia’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 TitanFor 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 2008South 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 handlingFLSmidth 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 |