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China leads cement revolution in Africa

Cement demand in China continues to collapse, and profits are pitiful, leading to some Chinese cement companies accelerating an already aggressive drive into Africa. By Tony Hadley African Advisor...
Articles - 09 July 2024

Cementos Molins appoints new CEO

Cementos Molins SA has appointed Marcos Cela as its new CEO. Marcos Cela holds a degree in business management by the University of Barcelona, an MBA by ESADE Business School and a PADE senior m...
News - 27 June 2024

ECB lowers interest rate while reduced OPEC+ production cuts send oil lower – China discusses ban on >3% sulphur petcoke

By Frank O. Brannvoll, Brannvoll ApS, Denmark Geopolitical risk premiums slowly vanished and need new events to return. Meanwhile, at the start of June, the focus turned towards OPEC and th...
News - 26 June 2024

PPC FY23-24 results bolstered by strong Zimbabwe performance

PPC has reported revenue of ZAR10,058m (US$551.8m) in FY23-24 (ended 31 March 2024), marking a 20.6 per cent increase from ZAR8339m in the same period a year earlier. According to the company, t...
News - 25 June 2024

Pakistan's cement industry witnesses significant challenges in FY23-24

The cement industry in Pakistan grappled with a series of significant challenges in FY23-24, as reported by the Central Bank. The financial year is yet to complete hence the data represents 10FY23...
News - 14 June 2024

Afrimat Construction Index reports 1.3% YoY decline

Afrimat has released the findings of its Afrimat Construction Index (ACI) for the 1Q24 in South Africa. According to Dr Roelof Botha, the weak economic growth during the first quarter of the year ...
News - 14 June 2024

LC3 to the rescue?

This week, the World Economic Forum (WEF) highlighted the EPFL 'Low Carbon Cement - Harmonizing environmental goals and housing needs' report, which focusses on how low-carbon cement can help to a...
News - 07 June 2024

Indonesia: strengthening its green agenda

As the Indonesian cement market returns to growth, driven by an expanding economy, the country’s cement industry is developing its plants to become more sustainable. By ICR Research, UK Ind...
Articles - 03 June 2024

Tanzania’s transformation

Tanzania’s GDP has proven robust and is growing, resulting in major government infrastructure construction projects. This infrastructural transformation is boosting domestic cement demand but ope...
Articles - 20 May 2024

Venezuelan sanctions reimposed, Russia pauses coal export fee, while petcoke discount remains attractive

By Frank O. Brannvoll, Brannvoll ApS, Denmark The war premium and geopolitical tensions eased during April and the energy market’s focus has again shifted towards the demand factor in the energ...
News - 20 May 2024