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Rates still being held downIs it the start of a new merger wave? Many things tend to prove that our dry bulk markets have already entered into an M&A cycle. This state of facts is even reinforced by the downward trend reco...News - 03 February 2006 |
South African producers and price increasesClimbing cement and concrete prices are pushing up the cost of building and property ownership – but South Africa’s cement companies won’t comment on prices. According to local analysts, the price...News - 02 February 2006 |
Cement imports into South Africa?Local cement producers are expecting bumper profits because cheaper imports are barred from South Africa. And before complaints that cheaper imports do not have SABS accreditation, give importers ...News - 02 February 2006 |
Tender Cancellation hits Portland’s Sudan ContractThe Kenya government’s cancellation of a tender to install a new mill at the East African Portland Cement Company has jeopardised the company’s contract to supply over one million tonnes of cemen...News - 01 February 2006 |
The Cemex 2005 final numbersCemex increased its 2005 turnover by 88.0 per cent to US$15,3201.0m and the EBITDA for the year rose by 40.1 per cent to US$3,557.1m. The trading profit improved by 34.3 per cent to US$2,486.7m, w...News - 30 January 2006 |
Cement makers to benefit from construction boostSouth Africa’s cement producers are anticipating bumper profits as the government invests billions of rand in infrastructure, and as work starts on a big rail link-up and the 2010 soccer World Cup...News - 27 January 2006 |
Cimpor investing in S Africa capacity expansionCimpor is now investing Euro 66.5m on a 60 per cent increase in its cement and clinker production capacity in South Africa to 1.6Mta, Jornal de Negocios reported. Spending on the project began last...News - 13 January 2006 |
Solid cement sales in South AfricaThe Cement and Concrete Institute of South Africa reports that cement sales last year increased 10 per cent over 2004. A record 12.9Mt of cement were sold in SA and its customs union partner co...News - 12 January 2006 |
Looking ahead in 2006Will 2006 be the year for coal? Since 2003 the dry bulk market has been mainly driven by the Chinese iron ore boom which is not finished but will certainly know a more moderate growth. Higher oil ...News - 10 January 2006 |
China expands influence in AfricaChina expands influence in Africa China’s growing demand for energy sources and profitable construction deals is leading the world’s most populous country increasingly to swoop into Africa...News - 26 December 2005 |