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CemexCemex' turnover declined by an adjusted 2.8 per cent in 2016 to US$13,403.2m while EBITDA improved by 6.1 per cent to US$2746.3m. The trading profit did advance by 13.6 per cent to US$1883.8m...Corporate - 02 March 2017 |
Pakistan's cement industry performance sees profitability soar during 1HF17Pakistan's cement industry performed well during 1HFY17, report local analysts. The industry's profitability soared by 12 per cent YoY to PKR29bn (US$276m), as compared to PKR26bn recorded in the ...News - 28 February 2017 |
PPCSouth African cement manufacturer PPC is reportedly in talks with its nearest rival AfriSam Group over a possible merger. Merger talks first took place in 2014 when PPC’s share price came under...Corporate - 27 February 2017 |
Shifting strategy for successIn recent years, thyssenkrupp has evolved from being a stand-alone cement equipment supplier as Polysius to becoming fully integrated within the thyssenkrupp group of diversified industrial compan...Articles - 27 February 2017 |
PPC will strengthen its hand with AfriSam mergerThe focus of a potential merger in South Africa between two major cement producers caught the eye this week. PPC and AfriSam already have a significant stake in the country’s cement market and by ...News - 17 February 2017 |
PCC and AfriSam in merger talksPPC is in merger talks with its nearest competitor, AfriSam Group, seeking to overcome valuation disagreements that prevented the completion of previous tie-up efforts, according to Reuters. Af...News - 13 February 2017 |
Cemex's consolidated 4Q16 and full year 2016 reportCemex, SAB de CV announced that on a like-to-like basis for the ongoing operations and adjusting for currency fluctuations, consolidated net sales increased by four per cent during the fourth quar...News - 10 February 2017 |
Rwanda: new CEO of Cimerwa and PPC Gauteng business unit executiveFormer General Manager of PPC Cement’s Hercules and Jupiter operations in Gauteng, Bheki Mthembu, has been appointed the CEO of Cimerwa in Rwanda. Mthembu assumed his new duties as CEO from 1 De...News - 09 February 2017 |
Towards self-sufficiency?The Algerian cement market is undergoing unprecedented growth in production capacity as the country attempts to become self-sufficient in cement. This capacity build-up is mainly driven by large i...Articles - 06 February 2017 |
Pakistan: first dry bulk terminal to open in MarchPakistan’s first dry bulk terminal will open next month and is expected to handle 3Mta of coal imports, rising to 20Mt over the next five years, the port’s chief executive said on Thursday. The...News - 03 February 2017 |