Cement News tagged under: South Africa
Cheetah Cement Botswana to reduce country's cement imports19 August 2022, Published under Cement NewsCheetah Cement Botswana (Pty) Ltd, which includes investment from Chinese backers, has promised to play a crucial role in helping Botswana cut its cement imports to zero. Botswana needs 620,000tpa of cement and the southern African country has been heavily relying on imported cement before the Chinese company was set up, Hui Ming, said the company's general manager. "We are earmarking an annual output of 900,000t of cement as of next June," said Hui Ming. Hui said the company is looki... |
Dangote Cement's regional volumes fall by 11% in 1H2203 August 2022, Published under Cement NewsDangote Cement 's pan-African volumes reduced by 11 per cent to 4.9Mt from 5.5Mt in the 1H22 due to increased supply chain challenges and maintenance activities. The best-performing markets for the group were Ethiopia, Senegal and Tanzania. Ethiopia is one of the largest markets for Dangote Cement outside of Nigeria. The market remains short of supply as most plants are operating at very low capacity. Ethiopia's total market for cement was appproximately 2.7Mt in the first six mon... |
PPC calls for SA government action on cement dumping04 July 2022, Published under Cement NewsPPC has urged South Africa’s government to investigate “cement dumping” by countries such as Vietnam. It believes that the survival of the local cement industry may be under threat if the practice is left unchecked. PPC CEO Roland van Wijnen said that the Department of Trade, Industry and Competition should also consider broad import tariffs for cement to avoid new countries dumping cement and filling the void left by countries that have been subject to new dumping tariffs. “There will a... |
PPC reports 11% increase in revenue in FY2228 June 2022, Published under Cement NewsPPC has reported group revenue for the 12 months ended 31 March 2022 of ZAR9882m (US$621.9m), an increase of 11 per cent YoY. Excluding Zimbabwe, group revenue was up five per cent, while revenue in PPC Zimbabwe alone advanced by 34 per cent on the back of a 28 per cent upturn in volumes. Profit before tax from continuing operations came in at ZAR186m, compared to ZAR1765m in the year-ago period, due in part to PPC Zimbabwe incurring a loss before tax of ZAR67m, and impairments of ZAR38m. ... |
South Africa requests no cement price increases27 June 2022, Published under Cement NewsThe South African government has asked the country's cement producers to commit to no price increases in return for the government approving safeguard action against cheap imports. The move has raised doubts about the success of an application made by a number of producers to the International Trade Commission back in August 2019, according to Moneyweb. The application was for a flat, non-country-specific tariff. The producers claim that the cost of doing business in South Africa is much ... |
AfriSam supplies N3 highway construction13 April 2022, Published under Cement NewsWork is proceeding apace on the N3, one of South Africa’s most vital arterial highways, between Durban and Pietermaritzburg. Road upgrades, including extensive bridge work, are being conducted by Raubex Construction between Dardanellas and Lynnfield Park with cement, aggregate and ready-mix supplied by AfriSam . Since April 2021, JSE-listed Raubex Construction has been active on a 4km stretch from Dardanellas to Lynnfield Park. The project is a major overhaul of the road surface, wit... |
PPC Zimbabwe forecasts 25% rise in domestic cement demand25 March 2022, Published under Cement NewsPPC Zimbabwe has projected a 25 per cent increase in cement demand in the local market spurred by government funded projects and rising retail demand. Zimbabwe’s government attributes the increase in cement demand to the sharp rise in housing construction and private sector-led infrastructural development programmes that have pushed demand for Zimbabwe’s cement makers. In an operational update for the 12 months ending 31 March 2022, PPC Zimbabwe said the local operations continue to ... |
AfriSam supplies new border crossing project23 March 2022, Published under Cement NewsAfriSam has supplied some 7000t of its High Strength R42.5 Cement from its Roodepoort plant near Johannesburg for a new border control post between South Africa and Zimbabwe at Beitbridge. The cement for the project's 125,000m 2 of roads and parking area which is being shipped in from AfriSam’s Roodepoort cement plant. AfriSam will have delivered around 10,000t of bulk cement by the time work is completed – delivered in 34t tankers. Adele Wentzel, AfriSam's sales manager manufact... |
InterCement records total cement and clinker volumes of 20.1Mt in 202121 March 2022, Published under Cement NewsInterCement ’s total cement and clinker volume reached 20.1Mt in 2021, an increase of six per cent in comparison to 2020, while in 4Q21 volumes were at solid 5.1Mt, stable when compared to 4Q20. In Argentina cement industry remained on a strong pace during the quarter, with Loma Negra volumes up four per cent YoY. Brazilian volumes, although declining by 3.7 per cent YoY, remained on a healthy level, backed by solid demand as result of strong backlog from housing sector and posit... |
AfriSam hosts annual budget breakdown event03 March 2022, Published under Cement NewsSpeaking at AfriSam ’s recent National Budget Breakdown function, an annual event now in its fifth year, Dr Azar Jammine, director and chief economist of Econometrix, gave a thumbs up to the 2022 budget, saying it was “highly satisfactory with no harm.” Howeverm he cautioned that servicing the national debt was becoming increasingly onerous and now accounted for 14 per cent of government expenditure. He also expressed the view that there was nothing in the budget "to make one believe sus... |