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HeidelbergCement sees 13% revenue rise in 2016HeidelbergCement saw revenues rise by 13 per cent to EUR15.2bn in 2016 and completed a successful acquisition of Italcementi with synergies increased to EUR470m. "2016 was an exceptional year f...News - 16 March 2017 |
South Africa's proposed carbon tax could cost PPC ZAR90mSouth Africa’s proposed draft carbon tax bill published in November could see PPC liable for an estimated ZAR90m in carbon tax, according to Pretoria News. However, PPC CEO, Darryl Castle, said...News - 15 March 2017 |
Zimbabwe: PPC calls for import banIn 2016 the Zimbabwean government introduced a 25 per cent duty on every 100t of imported cement to discourage cheap imports. However, according to PPC Zimbabwe, imports continue to enter the coun...News - 15 March 2017 |
South Africa: rain dampens PPC Jan-Feb salesPPC announced that adverse weather had negatively affected its cement and concrete sales in South Africa during January and February 2017. Rainfall in excess of 200mm was experienced in many parts...News - 14 March 2017 |
Tanzania: state offers Dangote land to mine coalFollowing last year’s deal by Tanzania’s government to supply natural gas to Dangote Cement in the southeastern town of Mtwara, the state has offered land to the Nigerian company to mine coal for ...News - 13 March 2017 |
Pakistan: capacity expansion projects reach 27.3MtaPakistani cement producers have been announcing capacity expansions at a breakneck pace of late, reports the Business Recorder, which calculates that if all of these are completed the country’s no...News - 09 March 2017 |
China: order and growthFollowing a drop in apparent cement consumption in 2015, China’s cement industry has been destocking ever since. As a result, the country’s cement market has started 2017 on a positive note with c...Articles - 06 March 2017 |
Pakistan: export revenue rise MoM but fall YoYPakistan cement exporters earned revenues of US$22.26m on exports of 411,257t cement in January 2017, compared to US$16.36m on 309,868t of exports in the previous month. These figures represent a...News - 06 March 2017 |
Tanzania: Dangote prepares for coal extraction in NgakaTanzanian President, John Magufuli, has taken action to enable Dangote Cement to start mining its own coal to power its new US$650m Mtwara cement factory. Speaking at the official launch of the ...News - 06 March 2017 |
Dangote switches strategies to improve marginsThis week Dangote Cement held a press conference on its 2016 results and explained why its market strategy in Nigeria changed from a volume-based approach to one focussing on cashflow and increase...News - 03 March 2017 |