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PPC delays FY20 earnings results

PPC of South Africa has delayed the release of its full-year earnings for a third time as it finalises its financing. The new date for the financial disclosure is now set for 5 October 2020. PPC ...
News - 30 September 2020

Holcim’s ‘ready to use’ belt

When Holcim’s Herrlisheim-près-Colmar site in France was looking to replace its sand extraction conveyor belt, it turned to MLT for its ‘ready-to-use’ belt with ISC ® (Integrated Screw Connection...
Articles - 29 September 2020

The last iceman in west Africa

Dr Michael Clark takes a look at the history of the cement industries in Côte d’Ivoire, Burkina Faso and Togo, which have each seen an influx of new capacity surplus to demand.  Regarding the stra...
Articles - 28 September 2020

C’est la Vicat

Since Louis Vicat discovered artificial cement in 1817, the France-based Vicat group has expanded to be a major cement producer in 12 countries. The family-owned business was founded in 1853 when ...
Articles - 15 September 2020

Cement dispatches in Pakistan improve in August but fall MoM

Pakistan’s cement industry recorded a growth of five per cent YoY in total dispatches from 3.351Mt to 3.52Mt in August 2019.  However, a reverse trend of 27.2 per cent was noted, when compared wit...
News - 07 September 2020

PPC and subsidiaries record double-digit growth in July

PPC reports that its total volumes at its international subsidiaries saw double-digit growth in July compared to sales in July 2019. "The demand is especially strong in Zimbabwe and Rwanda and ...
News - 20 August 2020

Lafarge Cement Zimbabwe ordered to shut plant by EMA

The Environmental Management Agency ordered Lafarge Cement Zimbabwe (LafargeHolcim group) to close its 0.45Mta Manresa plant last week, because of abnormal dust discharges. Lafarge Cement Zimbabw...
News - 18 August 2020

Twiga Cement to increase cement capacity in Tanzania

Twiga Cement's Head of Commercial Cluster East, South and Central Africa, Yves Mataigne, says the company will invest TZS34bn (US$14.6m) this year and TZS33bn (US$14.1m) in 2021 to support Tanzani...
News - 14 August 2020

PPC considers restructuring and refinancing options

Following reports that South Africa’s PPC was looking to raise ZAR1.25bn (US$71.51m) from a rights issue, the company has stated that it is currently in talks with lenders before taking any action...
News - 14 August 2020

Nigeria in focus

Nigeria, Africa's biggest cement market, is still pushing the bar in terms of profits for cement companies at a time when other countries are struggling to overcome the financial constraints arisi...
News - 07 August 2020