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PPC power costs on the increasePPC south Africa’s largest maker of cement has warned that prices are set to rise as the company and the industry as a whole grapple with rising energy and transport costs. PPC CEO John Gomersall...News - 21 May 2007 |
Porthold’s future uncertainThe future of Portland Holdings Zimbabwe (Porthold) hangs in the balance, with its fate scheduled for decision in July after the unbundling of its South African based holding company, Pretoria Por...News - 21 May 2007 |
Orascom acquires stake in Algeria’s SambaOrascom Construction Industries announced that it has acquired a 60% stake in Samba SPA, the largest aggregates producer in Algeria, for a total sum of US$8 million. Samba owns and operates a crus...News - 17 May 2007 |
South Africa cement sales strongSouth African cement sales accelerated to a 17.8% YoY increase in April to 1.098Mt despite the disruption caused by many public holidays in the month after rising by 15.8% YoY in March, data suppl...News - 10 May 2007 |
Pretoria Portland Cement Company interim resultsSouth Africa’s Pretoria Portland Cement (PPC) reported domestic cement demand continued to grow at double digit levels and is evidence of the strong growth in the South African economy. Increased ...News - 09 May 2007 |
Indonesian cement companies post slight declines in profitsA sharp fall was recorded in the net profit of three publicly listed cement companies on the average in the first quarter of this year over the same period last year. The decline in performance wa...News - 03 May 2007 |
Gauteng running out of building materialsThe Gauteng Department of Housing South Africa, has expressed concern that contractors building low-cost housing are going to run out of cement and building materials in coming months. The departm...News - 03 May 2007 |
Cement exports dive as building boom eats up supplySouth Africa’s cement exports plunged 34 per cent last year as the country’s construction and building boom accelerated. Cement exports now represent only one per cent of demand and only 156,...News - 25 April 2007 |
Aveng sells out of Holcim SA in landmark R7.4bn BEE dealAveng, South Africa’s biggest construction and engineering company, will sell its entire 45.65 percent shareholding in cement producer Holcim South Africa for R7.4bn, paving the way for South Afri...News - 24 April 2007 |
Aveng ramps up spending on cement, South AfricaConstruction, steel and cement group Aveng will spend R1bn-R2bn to increase capacity in its cement operations in a bid to meet soaring infrastructural demand. CEO Carl Grim said the board had...News - 18 April 2007 |