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Cement shares fall as gas squeeze hurts RAK CEment

Cement shares in the United Arab Emirates and Oman fell after second-quarter profit at  Ras Al Khaimah Cement Co. plunged as a shortage of gas supplies forced it to use more expensive fuels.     ...
News - 20 July 2007

South Africa: Sephaku to build R2.5bn cement plant

Mining empowerment company Sephaku Holdings yesterday announced its first cement project, worth R2.5bn, in North West in a bid to get a slice of the booming construction industry. Chief financial...
News - 12 July 2007

Owner-Drivers Latest Beneficiaries of PPC Dwaalboom Expansion

PPC Cement’s Batsweledi expansion project is bringing economic benefit far beyond the towns surrounding the company’s Dwaalboom facility. The most recent beneficiaries of the R1.36-billion expansi...
News - 12 July 2007

South Africa cement sales ease to 3.1%

South African cement sales growth eased to a 3.1% YoY increase in June to 1.229Mt after rising by 10.6% YoY in May to a record 1.337Mt, data supplied by the Cement and Concrete Institute showed. ...
News - 10 July 2007

Aveng expects FY headline EPS up 100-120 per cent

South Africa’s Aveng said on Monday full year headline earnings per share, as well as earnings per share (EPS), was expected to increase as much as 120 per cent.     The expected 100-120 per cent...
News - 03 July 2007

Cement makers eye carbon trade market

Listed companies  are catching up on  the carbon trade market, with cement rivals Athi River Mining and East African Portland Cement considering separate approaches to cash in on the business. Ea...
News - 25 June 2007

Wiphold cements deal with China

With South Africa facing acute cement shortages due to a huge infrastructure development programme, black women-owned company Wiphold yesterday signed an agreement with Chinese manufacturer Tangsh...
News - 21 June 2007

Burundi: cement prices up as South Africa rehabilitates stadiums

Burundian Trade and Industry Minister Donatien Nijimbere says cement prices on the Burundian market has increased from about US$14-20 /bag due to constructions in South Africa.     "The situation...
News - 18 June 2007

South African cement shortage exaggerated – PPC

Supplies of cement in South Africa are tight, but the extent of the shortage is “somewhat exaggerated”, according to John Gomersall, the chief executive of  Pretoria Portland Cement (PPC).     Go...
News - 14 June 2007

Pakistan cement makers seek more South Africa coal

Pakistani cement makers say they expect to increase sharply their imports of South African coal during the financial year beginning July because of the shortage of Indonesian material. The rise i...
News - 13 June 2007