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New MD for Twiga CementTanzania Portland Cement Company, or Twiga Cement, has appointed a new managing director following the departure of the company’s previous MD decision to take on a new role in parent company, Heid...News - 05 September 2016 |
CimporCimpor's first-half turnover dropped by 31.1 per cent to EUR897.3m, while EBITDA declined by 39.1 per cent to EUR170.1m. The amortisation and provision charge jumped from EUR100.6m to EUR527.9m as...Corporate - 02 September 2016 |
Cimpor takes massive provisions in BrazilCimpor's first-half turnover dropped by 31.1 per cent to EUR897.3m, while EBITDA declined by 39.1 per cent to EUR170.1m. The amortisation and provision charge jumped from EUR100.6m to EUR527.9m as...News - 02 September 2016 |
It's all about the costsDr Clark considers the value of measuring and comparing the costs of making cement as the first step to optimising, ie minimising, those outlays as he discusses cost benchmarking and optimisation....Articles - 26 August 2016 |
PPCFollowing S&P Global Ratings slashing PPC’s rating to ‘junk’, PPC shareholders have unanimously approved a ZAR4bn (US$285m) capital raising to help relieve short-term pressure on the company’s bal...Corporate - 24 August 2016 |
Denmark: FLSmidth 2H16 revenues fall 19%FLSmidth's revenue decreased 19 per cent to DKK4135m (US$620.7m) in 2Q16 (2Q15: DKK5093m or US$764.5m). The revenue improved sequentially from 1Q16 but was nevertheless lower than expected in 2Q1...News - 16 August 2016 |
South Africa: AfriSam sees market potential for slag cementsMike McDonald, manager of AfriSam’s Centre of Product Excellence, says that he expects demand for better-performing cements with a low clinker content to grow in South Africa. This is considering...News - 15 August 2016 |
PPC Zimbabwe plant project on trackAccording to CEO, Darryll Castle, the construction of PPC’s new plant in Zimbabwe remains on track for completion in 2016, despite riots in the country and restrictions remaining on some South Afr...News - 03 August 2016 |
Lafarge Africa in 2Q16Lafarge Africa Plc has released its financial results for 2Q16, reporting a total revenue of NGN107bn (US$344.9m). Cost of sales stood at NGN92.2bn (US$297.3m), down from NGN98bn (US$315.9m) in th...News - 26 July 2016 |
PPCLast month saw PPC stock fall to a 13-year low following its downgrading by S&P Global Ratings, according to recent reports by Bloomberg. In response to the downgrade, the company announced plans ...Corporate - 22 July 2016 |