South Africa’s 1Q15 sales climb
South Africa’s cement sales rose to 2.87Mt in the first quarter of 2015, according to the report released by the country’s leading producer, PPC, on behalf of the country’s eig...
South Africa
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S&P downgrades PPC on increasing debt
Standard & Poor's Ratings Services (S&P) has lowered its long-term South Africa national scale rating on heavy building materials producer PPC Ltd to 'zaA' from 'zaA+'. At the ...
PPC
Marking the first collaboration between the two companies, PPC has recently signed an EPC contract with Sinoma’s CMBI Construction Co Ltd for a new 3000tpd clinker production l...
South Africa: Sephaku revenue up 36%
Dangote-backed Sephaku Cement said on Friday that its revenue for the year ended March rose by 36 per cent as EBITDA increased by 39 per cent to ZAR139m (US$10.2m). Operating p...
CBMI signs EPC contract for PPC line
CBMI has signed a 3000tpd clinker production line EPC contract with PPC, marking the first collaboration between the two companies. The new kiln line 9 project will be locat...
Pakistan to contest ITAC ruling
The government of Pakistan is to challenge South Africa’s recent decision to impose duties on imported cement from the country. “We are analysing the detailed report of Inte...
PPC's first-half revenue lifted by higher Zimbabwe, Botswana and Rwanda volumes
PPC’s group cement sales volumes rose by five per cent above last year's figure, with strong demand growth in its African businesses offsetting lower demand in the core South...
Dangote revenues boosted by new capacities
Dangote Cement reported a double-digit rise in first-quarter revenue, boosted by contributions from its new factories in Africa. Group cement sales volumes rose by 3.4 per ce...
South Africa imposes duties on Pakistan cement imports
South Africa has imposed provisional anti-dumping duties ranging from 14.29 per cent to 77.15 per cent on Portland cement originating in or imported from Pakistan, effective 15...
South Africa: PIC increases stake in PPC
The Public Investment Corporation (PIC) had increased its investment in PPC to 15.165 per cent, the South African cement producer yesterday. The PIC confirmed in December wh...