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Ohorongo Cement to be acquired by West China Cement

Namibia's Ohorongo Cement is set to be acquired by West China Cement for US$104m, following an agreement made on 3 January. The takeover is expected to completed soon but is subject to Namibian re...
News - 06 January 2020

What characterised the cement world in 2019?

This week ICR looks back at a big year for the cement sector when news centred on several core themes. Prominent trends in our news flow have been the evolution of cement volumes, overcapacity and...
News - 20 December 2019

Natal Portland Cement cleared in price-fixing case

South Africa's leading antitrust tribunal has dismissed a price-fixing and market division case against Cimpor-owned Natal Portland Cement (NPC) more than a decade after an investigation was launc...
News - 06 December 2019

PPC's group revenue impacted by Zimbabwe

PPC announced a group revenue of ZAR4.9bn (US$330.1m) and group EBITDA of ZAR868m for the six months ended 30 September 2019. Group revenue was down 12 per cent on results from the six-month perio...
News - 21 November 2019

Sephaku Holdings reports net loss in 1HFY19-20

South Africa’s Sephaku Holdings has reported a loss of ZAR7.7m (US$521,582) for the six months ending 30 September 2019, compared with a ZAR26.5m net profit in the year-ago period. In particular...
News - 15 November 2019

Vicat gets more American sales, north and south

Vicat's turnover for the first nine months of 2019 improved by 5.7 per cent to EUR2059m, which represents an underlying reduction of 0.7 per cent. Cement deliveries declined by 4.4 per cent to 16....
News - 05 November 2019

Dangote Cement Group's unaudited 9M19 results see volumes rise 1.1%

Dangote Cement Group's unaudited results for the 9M19 to 30 September 2019 saw group volumes up 1.1 per cent to 18Mt and Nigerian sales up 0.6 per cent to 10.8Mt, driven by strong 3Q19 promotion...
News - 31 October 2019

PPC opens material handling facility

PPC Ltd has opened its Port Elizabeth material handling facility in South Africa. The facility is located in Deal Party and is able to handle approximately 400tph of clinker. The new facility also...
News - 30 October 2019

Central Bank reviews Pakistan's cement industry performance in FY19

Pakistan State Bank has released its annual report for the FY2018-19, in which the bank reviewed the performance of all sectors, including the country's cement industry. Real GDP growth decelerate...
News - 30 October 2019

LafargeHolcim

LafargeHolcim has reported net sales of CHF7142m (US$7181m) for the third quarter of 2019, compared to CHF7362m in the same period a year earlier, marking a 4.9 per cent uptick on a life-for-like ...
Corporate - 28 October 2019