Search Results
DR Congo: CIMKO plant nears commerical productionThis October the US$270m CIMKO plant owned jointly by Lucky Cement and Groupe Rawji located 240km (150 miles) west of the capital, Kinshasa, will start producing cement and work towards its 1.2M...News - 04 October 2016 |
Lafarge Zimbabwe finds cash shortages restrictiveLafarge Zimbabwe's cement sales for the interim period "were subdued due to increased competitive activity in the total market following the influx of cement imports into the country as well as ...News - 03 October 2016 |
Zimbabwe: PPC threaten shutdown over cheap cement importsDarryl Castle, PPC chief executive, has told the Zimbabwean government to curb imports of cement, or his company will close its mining operations in the country and import finished cement from Sou...News - 30 September 2016 |
PPCAt a presentation at the RMB Morgan Stanley Big Five conference in Cape Town on 26 September, PPC outlined how despite group cement sales volumes advancing by seven per cent in the first five mont...Corporate - 27 September 2016 |
Kenya: CDC Group appoints two directors to ARM's board of directorsUK’s sovereign wealth fund CDC Group has appointed two directors to the board of Kenyan cement manufacturer ARM Cement Ltd in which it recently acquired a 40.6 per cent stake for KES14.1bn (US$139...News - 23 September 2016 |
Zimbabwe: PPC's Harare plant to create growth opportunitiesPretoria Portland Cement (PPC) Zimbabwe says its new US$75m Harare plant wil be commissioned at year-end. PPC Zimbabwe Managing Director, Kelibone Masiyane, told NewsDay all was set for the bigges...News - 15 September 2016 |
India: cement industry demand raises coal importsThe demand for coal with a high calorific value, primarily from the cement sector, combined with the doubling of clean environment cess has resulted in a shift in coal imports into India. Steam...News - 12 September 2016 |
South Africa: PPC sets terms for its US$280m rights issuePPC has set terms for its ZAR4bn (US$280m) rights issue after the deal was almost unanimously approved by shareholders at the start of August. The rights issue has been talked about by the comp...News - 12 September 2016 |
Zimbabwe: SZCC considers cutting shifts as downturn hits salesThe Sino Zimbabwe Cement Company (SZCC), which operates an integrated plant in Gweru in central Zimbabwe, has said that it is considering reducing the number of shifts at the facility from three t...News - 09 September 2016 |
PPC increase revenue and volumes in 3QFY15-16PPC reported a nine per cent YoY rise in quarterly sales revenue, commenting that sales revenue in South Africa increased two per cent and volumes by at least nine per cent in the company's 3QFY15...News - 06 September 2016 |