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FLSmidth's interim 1Q20 report sees COVID-19 impact business results

FLSmidth reports that the COVID-19 pandemic is intensifying the cement industry's apprehensiveness to start large capital investments, but producers in both mining and cement are increasingly look...
News - 28 April 2020

Lafarge Africa PLC returns to profit in 2019

Lafarge Africa PLC has reported revenues of NGN213bn (US$551.5m) for the year ended 31 December 2019 as against NGN218bn in 2018. Operating expenses fell from NGN29.89m to NGN23.42m. Financing cos...
News - 16 April 2020

Celebrating industry excellence

Cemtech Middle East and Africa 2020 welcomed delegates from over 35 nations to the Grand Hyatt Dubai, UAE, on 16-19 February. The conference and exhibition offered a comprehensive overview of the ...
Articles - 02 April 2020

China demand to return by April; rest of world enters lockdown

Social distancing and country lockdowns have become the norm across the world as governments formulate new policies on a daily basis to contain and manage the COVID-19 pandemic. The WHO now esti...
News - 27 March 2020

NPC goes into lockdown to stop spread of coronavirus

South Africa-based NPC, part of the InterCement group, has announced the shutdown of its industrial operations and commercial activities following the 21-day complete country lockdown announced by...
News - 27 March 2020

Cemex makes organisational changes

Cemex has announced that Sergio Mauricio Menéndez Medina, current president of Cemex Europe, has been appointed as president of Europe, the Middle East, Africa and Asia. Therefore, Mr Menéndez Med...
News - 27 March 2020

Sephaku Holdings reappoints executive director

South Africa’s Sephaku Holdings has announced that Kenneth Capes has been re-appointed as an executive director and CEO of Métier Mixed Concrete Proprietary Ltd, with effect from 1 April 2020. Mr...
News - 25 March 2020

China: outward bound

China’s Belt and Road Initiative (BRI) is now an integral part of the country’s overseas expansion policy. Since its inception in 2013, the BRI has been one of the essential vehicles driving the g...
Articles - 23 March 2020

AfriSam call for fair market conditions over imports

Speaking after AfriSam’s Annual National Budget breakfast event held in Sandton recently, AfriSam CEO, Rob Wessels emphasised the need for fair competition in the cement sector. He said industry w...
News - 23 March 2020

PPC sees volumes improve and price rises stick

Cement-maker PPC said lower levels of capital expenditure has helped offset lower earnings during the 11 months to end-February, with its southern African business starting to show signs of stabil...
News - 19 March 2020