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Cemex

During the first nine months of the year, Cemex cement shipments eased by 1.6 per cent to 51.31Mt, while ready-mixed concrete deliveries edged ahead by 0.1 per cent to 38.66Mm² and aggregates ship...
Corporate - 01 November 2017

PPC

October has seen the saga over PPC’s future continue to dominate the headlines. Last month saw AfriSam submit a merger deal, backed by Toronto-based Fairfax Financial Holdings. However, Prudential...
Corporate - 01 November 2017

Cemex 3Q17 net sales total US$3.5bn

Cemex announced that its consolidated net sales reached US$3.5bn during the 3Q17, representing an increase of two per cent, or an increase of one per cent on a like-to-like basis, versus the compa...
News - 27 October 2017

LafargeHolcim in talks with PPC

LafargeHolcim announced that it is in talks with the board of directors of PPC regarding a possible transaction in Africa. “No agreement with PPC has yet been reached and no assurance can be gi...
News - 27 October 2017

Dangote Cement group increases revenues by 37% in 9M17

Dangote Cement’s overall group revenue increased by 36.5 per cent from NGN442.1bn (US$1.08bn) in the first 9M16 to NGN603.6bn in 9M2017, despite a 10.1 per cent fall in group cement volumes to 16....
News - 20 October 2017

Workers strike at PPC Slurry

The National Union of Mineworkers (NUM) said that its members of PPC Cement's Slurry plant near Mafikeng, South Africa, have embarked on a strike over wages. The NUM said that PPC must close the w...
News - 18 October 2017

PIC increases shareholding in PPC

Cement producer PPC reported on Monday, 16 October, that the Public Investment Corporation (PIC) had increased its shareholding in the South African cement company, which is currently mulling bids...
News - 17 October 2017

PPC is a new target for CRH

CRH is among companies considering a counterbid for PPC that could trump an offer by Canada’s Fairfax Financial Holdings, according to Bloomberg sources. PPC’s future has been considering a merg...
News - 13 October 2017

Turkey's time for growth

Turkish cement producers faced a challenging year in 2016 as geopolitical and domestic events impacted on the country’s economy.  However, domestic cement demand potential remains sound and going ...
Articles - 11 October 2017

PPC merger opposition grows

Visio Capital Management, which holds seven per cent of PPC shares, is the latest investment manager to object to a partial conditional offer for AfriSam-Fairfax merger. Visio Capital’s positio...
News - 11 October 2017