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South Africa cement sales solid

Cement sales in South Africa increased 12.0% YoY in May 2007 from the 12.6% YoY increase reported in April, according to Cement and Concrete Institute (CNCI) data released. At the end of May 2007...
News - 11 June 2007

Building merchants marking up cement price – PPC

Some building merchants have been placing huge mark-ups on the price of bagged cement, with one merchant in the Free State marking up the product by 50.94 per cent, according to a survey by Pretor...
News - 08 June 2007

Circle cement scales up limestone investment

Zimbabwe’s Circle Cement Limited is scaling up its investment at its Mbubu limestone quarry about 200km east of Harare to improve cement quality and expand its base for limestone reserves.     Ci...
News - 07 June 2007

Holcim closes the sale of its majority stake in Holcim South Africa

Holcim has completed the sale of 85 per cent of its 54 per cent stake in Holcim South Africa to AfriSam Consortium (Pty) Ltd based on an enterprise value of ZAR 16.4bn. The transaction makes Holci...
News - 05 June 2007

BEE group looks offshore for funds to buy Holcim

The funding for the acquisition of 85 per cent of Holcim South Africa by a black economic empowerment (BEE) consortium for R13.8bn is to be sourced offshore.     This was confirmed by Mofasi Leko...
News - 01 June 2007

Cement plant planned for Mtwara, South Africa

A South African bank has shown interest to enter into a joint venture with State Mining Corporation (Stamico) for construction of a cement plant at Mikindani in Mtwara Region. Stamico Acting Boar...
News - 31 May 2007

Construction slides into South Africa’s driver’s seat

South Africa’s economic growth rate slowed in the quarter to March compared with the previous quarter but accelerating growth in the construction industry, which outperformed other sectors, is lik...
News - 30 May 2007

Lafarge CEO prioritises investment in growth countries and in innovation

Lafarge chief executive Bruno Lafont said the group’s strategic priorities going forward are to invest in cement activities in developing countries and to develop its capacity for innovation, nota...
News - 29 May 2007

Pakistan cement industry to consume 2.9Mt coal

The Pakistan cement industry is likely to consume 2.8 to 2.9Mt of coal in the current financial year, a leading coal importer told Daily Times, as coal import sees a significant increase. Najeeb B...
News - 29 May 2007

Vietnam May Export Cement to South Africa

The Southeast Asian country of Vietnam may export cement to South Africa (SA) in the coming time, cooling the African country’s thirst for the construction material, foreign media reported.     A...
News - 24 May 2007