Cement News tagged under: South Africa
AfriSam launches Supplier Development Centre22 May 2014, Published under Cement NewsAfriSam recently successfully opened its Supplier Development Centre in support of the company’s Enterprise Development Programme which has been implemented as part of a transformation drive in the country, especially in areas where the company operates. The aim of the Supplier Development Programme is to identify black-owned Small, Medium and Micro Enterprises (SMMEs) close to the company’s operations and provide these entrepreneurs with the necessary support and development for them to gr... |
PPC: first-half cement sales edge higher20 May 2014, Published under Cement NewsPPC announced its group cement sales were two per cent higher for the first half of the year to the end of March 2014. Improvements in export sales and the consolidation of sales from its Rwanda operation and newly-acquired Safika Cement business were partly offset by declining sales volumes in South Africa and Botswana. Group revenue increased by nine per cent to ZAR4157m (2013: ZAR3812m) helped also by improving cement pricing and the favourable impact of the devaluation of the rand aga... |
Mamba Cement to build new South Africa plant14 May 2014, Published under Cement NewsNedbank Capital and the Bank of China Johannesburg have jointly announced the raising of debt capital to fund a new entrant into the South African cement industry. The project is being undertaken by the Mamba Cement Company, a special purpose vehicle established to construct and operate the cement production facility and mine the limestone. The equity required for the project was provided by the Jidong Development Group (majority shareholder in the project), the China-Africa Development... |
PPC positive profit alert, South Africa28 April 2014, Published under Cement NewsSouth Africa’s leading cement producer PPC said Friday it is likely to post higher profits in the six months to March this year. Headline earnings per share are likely to rise to be between 30 and 40 per cent higher than the past comparable period due to non-recurring items the company said in a trading statement released last week. The company is continuing with its strategy of expanding outside of South Africa. Earlier this year, it entered the Algerian market by acquiring a 49 per cent... |
Tenova TAKRAF Africa wins order for reverse pulse bagfilters for PPC plants25 April 2014, Published under Cement NewsTenova TAKRAF Africa has been awarded two contracts by South Africa’s leading cement producer, PPC, to supply reverse pulse bagfilters to replace existing electrostatic precipitators (ESPs) at PPC’s Slurry facility near Mahikeng, North West Province, and its De Hoek cement plant in the Western Cape. Replacement of the ESPs with reverse pulse bagfilter technology is part of a PPC company-wide initiative to upgrade its dust control systems. This initiative is in line with the company’s on... |
African Forum checks dynamics of cement prices07 April 2014, Published under Cement NewsZambia has recently recorded intermittent increases in the cost of cement, prompting government to call for additional private investment in the industry. The Competition and Consumer Protection Commission (CCPC) has disclosed that a market study has been carried out under the auspices of the African Competition Forum (ACF) and was simultaneously undertaken by Tanzania and South Africa. CCPC public relations officer, Hanford Chaaba, said that the findings on the study have since been ta... |
Dangote: new capacity development update28 March 2014, Published under Cement NewsFull-year results from Dangote Cement show the company has been outperforming growth in its domestic market of Nigeria as new capacity boosts market share. With a number of new projects scheduled for completion this year both on the home front and across the sub-Sahara Africa region, the emerging cement major is targeting 60Mta of production, grinding and import capacity by 2016. On Wednesday the company delivered its 2013 financial review highlighting that revenues rose by 22.4 per ... |
PPC expansion on track28 January 2014, Published under Cement NewsPPC has said its expansion remains well on track and commissioning of its Rwanda plant is anticipated at the end of 2014. Construction work has also commenced at sites in Ethiopia and the Democratic Republic of the Congo, it added. As part of its local 'Keeping the Home Fires Burning' strategy, in December 2013, PPC acquired a 69.3 per cent stake in Safika Cement Holdings for ZAR377m. "Additional opportunities are currently being pursued and further announcements will be made in the near... |
Sephaku launches production at Delmas plant16 January 2014, Published under Cement NewsSephaku Cement began commercial production at its Delmas grinding plant on 6 January 2014 following a successful commissioning phase, Sephaku Holdings has announced. The Delmas plant, situated in east of Gauteng, is expected to ramp up capacity to 1.4Mta by mid-2014. CEO, Dr Lelau Mohuba, said: "This has been a nine-year journey and we are pleased to finally have our cement brand in the market. We are proud of SepCem's highly experienced operational team for attaining this key milestone in... |
ARM awaits board approval for South African project03 January 2014, Published under Cement NewsARM Cement is still awaiting board approval for the construction of a new cement plant in South Africa, the company's managing director, Pradeep Paunrana, has said. Mafikeng Cement, in which ARM has a 70 per cent stake, plans to build a plant a 3000tpd plant in Africa's largest economy, Paunrana told Nairobi-based Business Daily newspaper, Bloomberg reported. However, the company is still awaiting approval from its board of directors, with Mr Paunrana explaining to Bloomberg in an interv... |