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Lafarge

In the first nine months of the year, Lafarge's turnover, including its share of joint ventures, declined by 1.3 per cent to EUR11,332m while EBITDA edged ahead by 0.5 per cent to EUR2320m. The tr...
Corporate - 08 December 2014

South Africa: PPC to reshuffle board

PPC and its investors have agreed to reshuffle the company's board, calling off a special shareholder meeting scheduled for next Monday. “Shareholders are hereby notified that following discuss...
News - 03 December 2014

Cimpor African results improve 9M14

Cimpor's nine-month turnover declined by 1.6 per cent to EUR1952.2m and the EBITDA was off by 4.2 per cent to EUR461.1m as the Brazilian, Argentine and South African currencies declined by 10 per ...
News - 28 November 2014

Africa's grey gold

As investors’ appetite for sub-Saharan Africa (SSA) is whetted and confidence grows, the region offers a positive scenario in terms of future cement demand. While some international majors appear ...
Articles - 24 November 2014

PPC signs waste tyre agreement

PPC has signed an agreement to source waste tyres from the Recycling and Economic Development Initiative of South Africa (Redisa) for use at its De Hoek cement factory, South Africa. The country...
News - 21 November 2014

PPC full-year cement sales rise 2%

South Africa's largest cement producer, PPC, reported a two per cent rise in cement sales for the full year to the end of September 2014, as growth in some of its sub-Saharan markets was offset ...
News - 20 November 2014

Dangote Cement to reduce capex next year

Dangote Cement expects to slow its capital spending next year to around US$700m, as it completes most of its African expansion projects, its chief executive told Reuters on Wednesday. Edwin Devak...
News - 07 November 2014

PPC increases stake in Habesha, Ethiopia

PPC has increased its shareholding in Ethiopian producer Habesha Cement Share Company to 51 per cent by acquiring the Industrial Development Corporation's (IDC) 20 per cent stake in the company fo...
News - 06 November 2014

Lafarge’s nine-month attributable profit falls 25.8 per cent

In the first nine months of the year, Lafarge's turnover, including its share of joint ventures, declined by 1.3 per cent to €11,332m while the EBITDA edged ahead by 0.5 per cent to €2320m. The tr...
News - 05 November 2014

East Africa rises

East Africa’s cement demand continues to rise as infrastructure and housing needs provide the basis for future consumption. While cement capacity investments continue, a shift in the make-up of ow...
Articles - 05 November 2014