Weekly Newsletter

4,217 posts · Page 77 of 422

PPC Africa predicts 20% YoY increase in earnings

PPC Africa predicts 20% YoY increase in earnings

PPC Africa has predicted a 20 per cent increase in earnings for the fiscal year ended 31 March 2024, driven by a strong performance by its Zimbabwe operations. According to The ...

Ambuja Cements acquires Penna Cement

Ambuja Cements acquires Penna Cement

Adani Group subsidiary Ambuja Cements has acquired Penna Cement Industries Ltd (PCIL) for INR104,220m (US$1274m). Following this latest acquisition Adani Cement 's production ca...

Adbri shareholders agree to CRH takeover

Adbri shareholders agree to CRH takeover

Shareholders in Australia-based Adbri have given the green light to the takeover bid by Ireland’s CRH . According to The Australian, almost 98 per cent of the votes cast at a me...

Robust cement sales growth for Indonesia in May

Robust cement sales growth for Indonesia in May

Cement sales in Indonesia amounted to 5.678Mt in May. This is an increase of 11.2 per cent YoY compared to the 5.008Mt reported a year earlier. Regional sales reported growth ac...