South Africa 2Q volumes edge ahead
Domestic cement demand in South Africa increased by 1.5 per cent YoY to 3.08Mt in the second quarter of 2015, according to a volume update posted on PPC’s website yesterday. The...
South Africa
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PPC expansion strategy on track
PPC's expansion strategy remains on track and the new plant in Rwanda was officially opened on 18 August 2015. In an investor presentation posted on PPC's website ahead of the R...
China National Building Materials (CNBM)
CNBM International Engineering Co Ltd, along with FLSmidth Pvt India, has signed a memorandum of understanding with Mamba Cement Company for the engineering, supply and construc...
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 eigh...
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 s...
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 li...
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 pr...
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 located a...
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.
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 Af...