Search Results
Lafarge Africa buys out shareholders of Ashaka CementLafarge Africa has bought out the minority shareholders of Ashaka Cement and issued 85.26m shares as part of a share exchange agreement, reports The Nation. The Nigerian cement manufacturer will n...News - 24 November 2017 |
PPC 1H17 earnings strong on robust Zimbabwe and Rwanda salesSouth Africa’s PPC Ltd reported in its inaudited 1H17 accounts a 36 per cent YoY rise in first-half earnings, supported by a strong performance in Zimbabwe and Rwanda. Headline earnings per share ...News - 23 November 2017 |
Pakistan cement producers face higher coal pricesRising coal prices are presenting a risk to profit margins of cement manufactures in Pakistan. According to a local research house report, coal prices in the global markets have been on an upward...News - 20 November 2017 |
Will ARM secure a firmer financial footing?The increasing trend of African sector mergers reflects the tightening economic pressures on African cement producers and their challenging prospects going forward. In the past week, ICR has repo...News - 17 November 2017 |
Lafarge Africa receive shareholders endorsement for mergerLafarge Africa have received the shareholders endorsement for a merger with Unicem and Atlas Cement Company Ltd, according to Nigerian newspaper The Guardian. "The merger is part of the asset co...News - 15 November 2017 |
Egypt's juggling actDespite the Egyptian government’s focus on infrastructure investment, the country’s cement producers have had a difficult year so far with energy prices rocketing, competition intensifying and a ...Articles - 14 November 2017 |
CRH plans cash bid for PPCIreland’s CRH has registered its interest in submitting a cash bid for South African cement producer PPC as it takes on AfriSam and LafargeHolcim. While PPC did not disclose the amount of the b...News - 14 November 2017 |
Tyres: going full circleContributing to the circular economy, an innovative tyre-burning initiative at PPC’s De Hoek plant in the Western Cape, South Africa, has successfully demonstrated the viability of burning waste...Articles - 09 November 2017 |
Fund manager gains veto control over PPCThe Public Investment Corporation (PIC) has increased its stake in PPC Ltd, South Africa, to just over 25 per cent, the threshold required to gain ‘negative control’ over the country’s largest cem...News - 07 November 2017 |
LafargeHolcimThe Indian LafargeHolcim subsidiary Ambuja Cement sold 17.09Mt of cement during the first half of 2017, a YoY increase of six per cent with the third quarter showing an 11.6 per cent rise to 5.02M...Corporate - 01 November 2017 |