PPC clears second phase of BEE deal, South Africa
South Africa-based Pretoria Portland Cement (PPC) said on Friday that all conditions set for the ZAR1.1bn (US$131.7m) second phase of its broad-based black economic empowerment...
South Africa
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PPC appoints new chief audit executive, South Africa
Pretoria Portland Cement (PPC) appoints Phuti Semenya, a qualified Chartered Accountant as the Chief Audit Executive. This appointment is in line with the PPC strategic imperat...
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. The net profit of the ...
South Africa's PPC invests in Ethiopian cement firm
South Africa's Pretoria Portland Cement and a state investment body South Africa’s Industrial Development Corporation (IDC) have jointly secured a 47 per cent equity stake in t...
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. PPC said the broad...
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 th...
AfriSam adapts cement product portfolio, South Africa
South African cement producer AfriSam says it has re-engineered its cement product portfolio to provide fit-for-purpose solutions to almost any building or construction require...
PPC first-half sales rise eight per cent, South Africa
Pretoria Portland Cement, South Africa’s largest cement producer, reported an eight per cent rise in first-half profit (ending March 2012) and forecasts rises in regional deman...
Pakistan cement exports earn US$339m in 9MFY2011-12
During 9MFY2011-12 (July-March), Pakistan cement exporters saw recovery in cement exports in terms of value. In Pakistani currency, the export also rose by 6.06%. In addition, ...
Sephaku cement project on track, South Africa
Construction work at Sephaku Cement’s new Aganang plant near Lichtenburg is gathering pace, a company official has said. Engineering News (EN) reported Aganang project manag...