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AICCE returns to Egypt

The 22nd Arab International Cement Conference and Exhibition (AICCE22) was held at the International Congress Center, Maritim Jolie Ville, in Sharm El Sheikh, Egypt, between 14-16 November 2017, ...
Articles - 03 January 2018

LafargeHolcim

The 39.9 per cent-owned LafargeHolcim associate Huaxin Cement is investing in a US$140Mta cement works that it is building in Nepal.  Lafarge Malaysia’s turnover came down by some 13 per cent t...
Corporate - 03 January 2018

ENERGY – OPEC consolidates oil while India shakes petcoke, coal high

Prices at a glance Crude oil - bbl US$64.00 Coal API 4 - 1Q18 US$91.25 Coal API 4 - Cal2018 US$88.00 Petcoke USGC 4.5% 40HGI ...
News - 20 December 2017

PPC

It has been an eventful December for PPC so far. It started the month with three potential bidders but looks set to end it with none. The first to walk away was CRH. The Irish building materials g...
Corporate - 18 December 2017

West Africa looks to exports

While lower oil prices, Ebola and civil unrest have impacted west African economies, the region’s cement market has continued to expand with further growth forecast for the next few years. However...
Articles - 18 December 2017

LafargeHolcim withdraws from further talks with PPC

LafargeHolcim has ended talks with South Africa’s PPC about a potential deal, said the Swiss cement producer in a brief statement. The step comes only a day after Canada’s Fairfax Africa Investm...
News - 14 December 2017

Fairfax drops plans to buy 23% of PPC

Canada's Fairfax Africa Investments Proprietary Ltd has pulled out of its attempt to buy 23 per cent of South African cement producer PPC for ZAR2bn (US$146.34m), PPC said on Monday. "On 8 Decem...
News - 12 December 2017

CRH exits PPC talks but LafargeHolcim discussions continue

Irish cement producer CRH has decided to pull out of the process to bid for rival PPC, the South African company said on Thursday. Last month, CRH made an undisclosed cash bid for PPC and had been...
News - 07 December 2017

PPC plans Western Cape mega plant

PPC is planning to build a new large-capacity plant in the Western Cape, South Africa. The company is expected to make a formal announcement about the new works next year, according to Business Re...
News - 30 November 2017

PPC board rejects Fairfax offer

The board of PPC has advised its shareholders not to accept the offer of Fairfax Africa Investment Pty Ltd to buy a stake in the South African cement producer. The company will continue talks with...
News - 24 November 2017