Weekly Newsletter

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Anhui Conch Cement Co revenue up  33.1%

Anhui Conch Cement Co revenue up 33.1%

Anhui Conch Cement Co Ltd said revenue for the first six months ended 30 June 2017 increased by approximately 33.1 per cent YoY to CNY31,907.92m (US$4794m).

PPC 1Q17 results in line with expectations

PPC 1Q17 results in line with expectations

PPC revenue for the period ended 30 June 2017 (1Q17) is ahead YoY while group EBITDA is in line with the year-ago period. The advance has been attributed to good cost management.

Ohorongo opens Ondangwa depot

Ohorongo opens Ondangwa depot

Namibian cement producer Ohorongo Cement was host to Clemens Kashuupulwa, governor of the Oshana region, who opened the company’s new cement depot in Ondangwa.

Foundation stone laid for new grinding venture

Foundation stone laid for new grinding venture

President of Ghana Nana Addo Dankwa Akufo-Addo on Tuesday laid the foundation stone for the construction of a new grinding factory in the port city of Tema, some 30km east of th...

Kenyan consumption contracts in 5M17

Kenyan consumption contracts in 5M17

Cement demand in Kenya over the Jan-May 2017 period fell to 2.5Mt compared to 2.5Mt a year earlier, according to the latest data from the Kenya National Bureau of Statistics (KN...

Saudi Arabia volumes down 19% in 7M17

Saudi Arabia volumes down 19% in 7M17

Saudi Arabia’s cement sales volumes have dropped by 19 per cent YoY to 28.3Mt during the first seven months of 2017, a report from Al Rajhi Capital reveals.

UK construction industry growth slows

UK construction industry growth slows

Growth prospects for the UK's construction industry in 2018 have been downgraded as the country prepares to leave the EU, according to the latest forecasts by the Construction P...