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Portland Holdings Limited on verge of shutdownPortland Holdings Limited (PHL), a subsidiary of Pretoria Portland Cement (PPC), could shut down due to lack of raw materials. The company does not also have the foreign currency to import spares...News - 22 October 2007 |
Competition watchdog to turn spotlight on construction sector, South AfricaThe competition commission will assess anti-competitive behaviour in specific construction markets and possibly launch a formal investigation into the sector. This emerged at a competition co...News - 19 October 2007 |
Competition watchdog to turn spotlight on construction sector, South AfricaThe competition commission will assess anti-competitive behaviour in specific construction markets and possibly launch a formal investigation into the sector. This emerged at a competition co...News - 19 October 2007 |
India’s Grasim, Dalmia, Ambuja say seek S.Africa coalIndian cement makers have re-entered the coal market in force seeking South African cargoes for delivery between November and the end of Q1. Grasim , Dalmia and Gujarat Ambuja said they are s...News - 18 October 2007 |
Bamburi predicts cement price cuts in next three yearsDevelopers of commercial, industrial and residential houses in Kenya are likely to benefit from substantial cement price reduction in the next three years, going by predictions from a leading prod...News - 10 October 2007 |
Turk cement firms to import 30% more coal by 2009Turkey’s cement producers will import 30 per cent more coal by the end of next year compared with 2006, the chief coal purchaser for Turkey at concrete maker Cimpor Yibitas said. Turkey is the...News - 26 September 2007 |
South Africa forecastEstimates are that southern Africa will need about 24Mt of cement a year by 2014. Question is whether local cement industry can deliver. Projected demand derives from the average economic for...News - 21 September 2007 |
Orascom Construction lifts Egypt’s Hermes indexOrascom Construction Industries jumped to a record intraday high on Monday helped by institutional buying, lifting Egypt’s Hermes index to a fresh closing high. OCI gained 0.66 percent to end at ...News - 18 September 2007 |
CEMEX Provides Guidance for the Third Quarter of 2007CEMEX, S.A.B. de C.V. announced today that it expects EBITDA for the quarter ending September 30, 2007 to be about US$1,350 million, an increase of about 22% versus the same period last year, whil...News - 17 September 2007 |
Holcim South Africa buyout debt to be led by two sourcesCiti and JPMorgan have been mandated to arrange the debt supporting the recent buyout of South Africa-based cement company Holcim South Africa, two people familiar with the situation said Wednesd...News - 13 September 2007 |