South Africa

390 posts · Page 38 of 39

AfriSam to expand in Eastern Cape

AfriSam to expand in Eastern Cape

South African cement producer AfriSam announced that it had signed a lease agreement with the Coega Development Corporation (CDC) to establish a grinding and blending plant in Z...

India Cements 1Q net profit drops 39.2%

India Cements 1Q net profit drops 39.2%

India Cements Ltd today said that it has reported a decline of 39.2 per cent in its net profit for the first quarter ended June 2012 at INR62.07 crore.

PPC in US$133m deal with black investors

PPC in US$133m deal with black investors

South African cement maker Pretoria Portland Cement (PPC) is to sell a 6.5 per cent stake to its staff and black investors in a deal worth about US$133.4m.

South Africa’s first-quarter sales rise 6.7%

South Africa’s first-quarter sales rise 6.7%

South African cement sales rose 6.7 per cent YoY in the first quarter of 2012 to 2.64Mt, data by the Cement and Concrete Association (C&CI) showed. Average daily sales for the 1...