Cement News tagged under: South Africa

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Zimbabwe boosts PPC sales growth

26 September 2023, Published under Cement News

PPC has recorded a three per cent advance in sales volumes in the five months to August 2023, compared to the same period in 2022, reports The Herald Zimbabwe. According to the company, the increase is being attributed to strong growth in its Zimbabwe market, which saw cement sales volumes expand by 42 per cent over the same timeframe. In January this year, the Zimbabwean government banned imports of cement, which has helped prop up domestic cement sales. “Group cement sales volumes (in...

PPC reports improved results in 5MFY23-24

20 September 2023, Published under Cement News

Revenue for PPC ’s South Africa and Botswana operations (excluding Zimbabwe and Rwanda) increased by five per cent YoY in the first five months of FY23-24 (April-August 2023), supported by higher average selling prices but lower sales volumes. Cement sales volumes in the two markets fell by six per cent YoY with inland volumes in August 2023 continuing their decline but at a lower rate. Coastal deliveries saw a downturn in volumes following higher-than-usual rainfall and weak retail demand....

PPC appoints new CEO

05 September 2023, Published under Cement News

South Africa-based cement producer PPC has appointed Matias Cardarelli as its new CEO. Mr Cardarelli was employed previously as CEO and chairperson of Natal Portland Cement , part of Intercement , in the last five years. Prior he also held posts at Amreyah Cement in Egypt and Yguazú Cementos in Paraguay. In addition, following the onset of COVID-19 and a new entrant into the Mozambican cement market, his portfolio had been expanded to include Cimentos de Mozambique , where he su...

Vanderbijlpark Slagment achieves 1.75m hours LTI

08 August 2023, Published under Cement News

Leading construction material supplier, AfriSam celebrated a significant milestone at the company’s Vanderbijlpark Slagment Operation in South Africa when it achieved 1.75m Lost Time Injury (LTI)-free hours earlier this year, demonstrating the high safety standards upheld at this plant.   This means the plant has been injury free for nine years, a significant milestone.  Due to its cementitious properties and depending on the application, slagment (which uses ground granulated blastfurn...

InterCement sells African businesses to Huaxin Cement

04 July 2023, Published under Cement News

InterCement Participações S.A . has reached an agreement with Huaxin Cement Co Ltd regarding the sale of InterCement’s businesses in Mozambique and South Africa. Following the announcement of the sale of InterCement's operations in Egypt in January 2023, the sale of the remaining Mozambique and South Africa businesses further positively contributes to the group's ongoing liability management plans and the acceleration of InterCement’s broader strategic review to return focus to its core m...

Khayah Cement boosts capacity to 1Mta

04 July 2023, Published under Cement News

Zimbabwe-based Khayah Cement (previously Lafarge Cement Zimbabwe) has announced that it doubled its milling capacity in 2022. The second half of the year saw the company successfully commission its new vertical cement mill (VCM) at its Manresa plant, and subsequently decommission Mill 1 following the collapse of the mill house roof in the 4Q21. The new VCM has boosted the company’s milling capacity to 1Mta and bolstered its ability to supply high-strength cement of improved quality, ...

Afrimat acquires Lafarge South Africa Holdings

22 June 2023, Published under Cement News

Lafarge South Africa Holdings (LSA) is being acquired by South Africa-based mining and materials company, Afrimat, The deal includes all the subsidiaries of the LSA Group, which will become part of Afrimat’s Construction Materials division. LSA Group, a member of the Holcim Group, currently supplies a range of products to the construction industry, including cement, concrete, aggregates and fly ash. The purchase price for the acquisition of the equity in the LSA Group is US$6m, with a...

Clinker substitution takes hold in Africa

12 May 2023, Published under Cement News

Ghana's cement producers have struck out on a decarbonisation and low-carbon cement path. By using local resources for raw materials and reducing the clinker factor, cement manufacturers are targeting reduced imports of clinker and lower cement prices, as well as the benefits of CO2 reduction. This week the Director-General of Ghana Standards Authority, Professor Alex Dodoo, confirmed that plans are underway to build factories that can manufacture a substitute for clinker. "We have publishe...

PPC seeking buyers for CIMERWA stake

21 March 2023, Published under Cement News

South Africa-based PPC is looking to sell its shareholding in Rwandan cement producer CIMERWA . “PPC is selling its 51 per cent stake in CIMERWA and the government will discuss if it is able to buy the stake,” Rwanda Development Board CEO, Clare Akamanzi told a news agency. “PPC is looking for buyers.” A sale of its stake in CIMERWA would enable PPC to focus more on its South African core operations and further reduce debt. CIMERWA operates a 0.6Mta integrated cement plant in Bugar...

PPC expects drop in South Africa and Botswana sales volumes

17 March 2023, Published under Cement News

South Africa-based PPC forecasts a 4-7 per cent drop in sales volumes in its domestic market and Botswana for the 12 months ending 31 March 2023, according to Reuters. To protect and restore its EBITDA margins it plans further cost reduction measures across its portfolio. Capital expenditure for South Africa and Botswana is expected to be in the range of ZAR280m-310m (US$15.25m-16.89m) for the FY22-23. The company expects net debt in the two countries to be between ZAR725m-775m at year-...