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HeidelbergCement reports challenging environment in 1H19

This week HeidelbergCement released its 1H19 results, which were impacted by falling volumes in Ukraine, USA and Egypt. Nevertheless, the group saw evenues up by seven per cent and price increas...
News - 02 August 2019

PPC

For the year ending 31 March 2019, PPC has reported a one per cent YoY increase in group revenue to ZAR10.4bn (US$731.16m), supported by a one per cent uptick on overall cement volumes to 5.9Mt. G...
Corporate - 31 July 2019

Dangote Cement

In the opening six months of 2019, Dangote sold 12.28Mt of cement, down 0.6 per cent YoY. Over the same period, group revenue came in at NGN467.7bn (US$1.29bn), a fall of three per cent YoY, while...
Corporate - 31 July 2019

Dangote Cement's group revenues slip 3% in 1H19

Dangote Cement Plc announced its unaudited results for 1H19 with group revenue reaching NGN467.7bn (US$1.291bn), down three per cent, and group EBITDA at NGN217.9bn, down 11.4 per cent. Nigerian ...
News - 31 July 2019

Askari seeks minning lease approval

Askari Cement Ltd (ACL) has submitted  an application to Environmental Protection Agency (EPA), Government of Punjab to seek environment approval under section 12 Punjab Environment Protection Act...
News - 26 July 2019

Sephaku Holdings CEO to resign

The CEO of South Africa-based Sephaku Holdings, Dr Lelau Mohuba, has informed the company’s board of his intention to resign with effect from 31 December 2019.  Dr Lelau was a founding Sephaku H...
News - 26 July 2019

Nepal: the road to exports

While cement demand in Nepal is forecast to show significant expansion in the future, the rapid build-up of production capacity is outstripping future domestic consumption growth. Therefore, Nepal...
Articles - 22 July 2019

Government extends deadline for Cimerwa stake

The Government of Rwanda has moved the deadline to sell its stake in Cimerwa from 5 to 19 July, with the extension providing a chance for more individual investors and companies to submit a propos...
News - 18 July 2019

Ethiopian cement plants encouraged to turn to biomass

The Ethiopian government hopes that more cement plants will consider replacing their coal imports with locally-produced biomass to reduce foreign currency spending and cut carbon emissions. Many...
News - 17 July 2019

Attock Cement seeks transportation services for cement

Attock Cement Pakistan Ltd (ACPL) has issued a tender for transportation services of cement in the southern zone. Offers are invited for transportation from ACPL Factory Hub Chowki, Lasbella, Balu...
News - 05 July 2019