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Afrimat boosts revenue by 24% in FY23-24 as Lafarge integration continues

Andries Van Heerden, Afrimat's  Group CEO, stated that he was exceptionally pleased with the group’s performance for the year ended 29 February 2024, which was supported by a revenue increase of...
News - 17 May 2024

Votorantim Cimentos improves 1Q margins

Votorantim Cimentos ended the 1Q24 with better margins due to higher sales volume and lower costs. The company’s global cement sales totalled 8.1Mt,  up one per cent YoY compared to 1Q23.   The ...
News - 15 May 2024

AfriSam enhances road durability with Roadstab cement

AfriSam 's Roadstab cement is a specialised, high quality composite cement engineered specifically for road stabilisation tasks. The product is designed to optimise the properties of soils used i...
News - 08 May 2024

Vietnam exporters looking further afield

Cement sales in Vietnam continue to struggle versus their year-ago levels. Sales were down 17 per cent YoY to 5.113Mt in March 2024, from 6.161Mt a year earlier, according to the Vietnam National ...
News - 01 May 2024

CEMEX sets record EBITDA in 1Q24

CEMEX has reported net sales of US$4138m in the opening quarter of 2024, marking a three per cent increase YoY. EBITDA over the same period has advanced by five per cent to US$772m, while the EB...
News - 26 April 2024

Holcim sales dip 2% in the 1Q24

Holcim has reported net sales of CHF5586m (US$6117m) in the opening quarter of 2024, down 2.4 per cent from the CHF5725m seen in the 1Q23. In local currency, sales were up 3.4 per cent YoY. Recu...
News - 25 April 2024

Closure of The Board of Cement & Concrete SA

The Board of Cement & Concrete SA (CCSA) has closed its non-profit organisation and been de-registered from the Companies and Intellectual Property Commission (CIPC) in line with its Memorandum of...
News - 24 April 2024

Competition Tribunal grants approval for Afrimat's acquisition of Lafarge South Africa

Afrimat has notified its shareholders that the Competition Tribunal has granted approval for the Lafarge South Africa ( Holcim ) acquisition. All other regulatory authority approvals have been...
News - 11 April 2024

Navigating sustainable trade

ICR interviews José Maria Magrina, CEO of Heidelberg Materials Trading, the world’s largest trader of cement and clinker. He discusses the company’s global operations, the growing trade in low-ca...
Articles - 10 April 2024

Cameroon's cement capacity begins to soar

Cameroon's cement market has a new addition. In the last month, Cimpor Global Holdings' XAF39bn (US$64.5m) cement works in the southern port town of Kribi has begun operation. The market is intens...
News - 05 April 2024