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PPC Zimbabwe achieves record cement volumesPPC has recorded the highest production volumes in Zimbabwe for the first time in 18 years following the opening of its new US$82m grinding plant in Harare. The group's interim CEO, Johan Claass...News - 25 August 2017 |
Changes to PPC executive teamPPC has appointed Njombo Lekula as managing director of its Southern African Cement division. Previously the managing director of Rest of Africa Cement, Mr Lekula has been with PPC for 27 years, h...News - 24 August 2017 |
PPC 1Q17 results in line with expectationsPPC revenue for the period ended 30 June 2017 (1Q17) is ahead YoY while group EBITDA is in line with the year-ago period. The advance has been attributed to good cost management. Johan Claassen...News - 21 August 2017 |
Tabuk and Al Jouf net profit dragged down by lower demandSaudi-based producers Tabuk Cement and Al Jouf Cement have reported a decline in second quarter net profit due in part to lower demand. Tabuk Cement, which operates a 1.2Mta plant in Duba, said ...News - 08 August 2017 |
Sino Zimbabwe sales boosted by housing developmentsSino Zimbabwe Cement realised a 10 per cent YoY increase in sales volumes in the second quarter of 2017 driven by housing developments across the country. Yong Wang, managing director of the loc...News - 07 August 2017 |
HeidelbergCement expects stronger second-halfWhile second quarter sales by HeidelbergCement were impaired by fewer working days due religious holidays as well as adverse weather conditions in large parts of North America, the German building...News - 04 August 2017 |
Vicat suffers from currency weakness in several countriesVicat's first half turnover edged ahead by 0.8 per cent to EUR1248m, or by 0.9 per cent on a comparative basis, but the EBITDA declined by 8.7 per cent to EUR188m and the margin declined from 16.7...News - 04 August 2017 |
HeidelbergCement volumes and revenues strengthened by Italcementi contributionHeidelbergCement said its sales volumes of building materials rose substantially in the second quarter as a result of the consolidation of Italcementi. On a pro-forma basis, ie taking into account...News - 01 August 2017 |
Dangote Cement's 1H17 revenues rise by 41%Dangote Cement has released its 1H17 results, announcing group revenues of NGN412.7bn (US$1.31bn), up 41.2 per cent, and an EBITDA of NGN203.7bn, up 53.7 per cent. In Nigeria total cement demand...News - 31 July 2017 |
Cemex improves net profit stronglyCemex reported a strong improvement in net profit for the six months to the end of June 2017, but cement volumes eased over the period. First-half turnover was down by 0.2 per cent to US$,703.9...News - 27 July 2017 |