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PetroCem 2016

The 9th PetroCem was held at the Astoria Hotel, St Petersburg between 24-26 April 2016. Some 500 delegates listened to a comprehensive programme that included leading cement producers and analysts...
Articles - 13 July 2016

Rwanda: PPC revenues boosted by Cimerwa

Cimerwa Ltd’s contribution to Pretoria Portland Cement’s (PPC) revenues helped cushion the company’s turnover in the six months ending 31 March 2016. According to the Johannesburg Stock Exchange, ...
News - 05 July 2016

West Africa powers up

West Africa’s booming population and economic development are expected to fuel cement consumption in the long term and the region’s prospects look bright. However, as the regional cement sector ra...
Articles - 04 July 2016

PPC

In the six months ended 31 March, 2016, PPC saw its group revenue dip by one per cent to ZAR4.5bn (US$294.01m). Group EBITDA was up by two per cent to ZAR1.1bn with an EBITDA margin of 25.4 per ce...
Corporate - 29 June 2016

South Africa: PPC lines up banks for rights issue

South African’s largest producer, PPC, has announced that it has come to an agreement with four banks to underwrite its proposed ZAR4bn (US$260m) rights issue, Reuters Africa reports. The Stand...
News - 28 June 2016

SE Asia towards oversupply?

The southeast Asian cement market has seen rapid demand growth in recent years. Backed by favourable macroeconomic trends, it is likely to remain one of the fastest-growing cement markets. Many ce...
Articles - 20 June 2016

PPC planning for the long term

South Africa's cement market expanded 7.7 per cent in 2015, but a more competitive environment including new entrants and imports has placed pressure on incumbents, not least the market leader PPC...
News - 17 June 2016

PPC sees six-month revenues and volumes flat

In its trading figures for the six months to 31 March 2016, PPC saw its operating profits fall by three per cent to ZAR733m (US$48m). Revenues were flat at ZAR4501m (US$294m), down one per cent on...
News - 14 June 2016

Pakistan: producers eye northern construction growth

This week saw further evidence of resurgent growth in Pakistan’s cement industry as dispatches rose 10.6 per cent YoY. With the All Pakistan Cement Manufacturers Association (APCMA) relating that ...
News - 10 June 2016

South Africa: AfriSam to encourage enterprise development in Bafokeng

At a ceremony held at Phokeng, North West Province, AfriSam and New Business Consulting, a 100 per cent Broad-Based Black Economic Empowerment (B-BBEE) Bafokeng-owned company, signed a Memorandum ...
News - 08 June 2016