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South Africa needs to overcome alternative fuel challengesSouth Africa still has barriers it needs to overcome to make alternative fuels more accessible for cement producers. While Natal Portland Cement (InterCement group) has redesigned parts of its pr...News - 07 August 2020 |
InterCement: today and beyondBrazilian cement major InterCement has built up a substantial international industry portfolio. In light of the latest global developments, Flavio Aidar, CEO of InterCement, shares an insight into...Articles - 05 August 2020 |
1H20 results show regional impact of coronavirus on cement demandThis week, the cement industry majors have been announcing their business results for the first half of 2020. The business results of Dangote Cement, Cemex, UltraTech, HeidelbergCement, Titan and ...News - 31 July 2020 |
CIMERWA set to list shares on stock exchangeRwandan cement producer CIMERWA is set to list its shares on the Rwandan Stock Exchange on 3 August, the company said in a press statement. Each share is trading at RWF120 (US¢12.6), the governmen...News - 30 July 2020 |
Cemex sales decline by 10% in 2Q20Cemex reported significant disruption from COVID-19 in 2Q20. Sales declined by 10 per cent YoY and EBITDA fell by six per cent to US$554m. These decreases were attributed to lockdown measures. Th...News - 28 July 2020 |
Dangote's 1H20 results see 2% revenue growthDangote Cement reported group revenue up two per cent to NGN476.9bn (US$1.23bn) in the 1H20. Group EBITDA rose to NGN218.1bn and pan-African EBITDA increased by 31.6 per cent to NGN31.5bn. Profit ...News - 27 July 2020 |
The dangers of debtIn this month’s Technical Forum, Dr Michael Clark considers how the history of the Kenyan cement industry can serve as a case study for some of the dos and don’ts of the sector. Going forward, imp...Articles - 13 July 2020 |
Mozambique's new 1.8Mta plant now 90% completeMozambique's Minister of Industry and Trade, Carlos Mesquita, has visited the site of the new 1.8Mta Dugong Cimentos plant in Matutuine, noting that when commissioned it should lead to a downward ...News - 13 July 2020 |
South African cement sector is operating in survival modeBheki Mthembu, head of the inland business unit of PPC, says the lack of large-scale construction projects in South Africa has left cement producers heavily dependent on residential constructi...News - 13 July 2020 |
Lafarge Cement Zimbabwe sees revenue advance 104%Lafarge Cement Zimbabwe saw its profit for 2019 rise to US$178m, while volumes remained flat YoY at 323,000t. Gross profit increased 251 per cent to US$496m from US$141m in 2018. Kumbirai Katsand...News - 07 July 2020 |