PPC
Construction is due to begin this month on PPC’s new grinding plant in Harare. Around US$18m has reportedly been secured for the project with road access to the plant already in...
Zimbabwe
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Lafarge
Lafarge has agreed the sale of Lafarge Cementos in Ecuador to Union Andina de Cemento of Peru for US$553m. The completion date for the sale of this 1.4Mta works has yet to be ag...
Lafarge Zimbabwe investigating locations for US$250m cement works
Lafarge Zimbabwe is currently looking for a suitable location for a new US$250m cement plant in the country. Feasibility reports will be carried out in areas with large limeston...
PPC to construct Harare mill, Zimbabwe
PPC said it would spend US$80m on a cement mill in Harare, Zimbabwe, to be commissioned in 2016. The new mill, to be funded by a corporate loan, is
Sino-Zimbabwe confident on production targets
Sino-Zimbabwe Cement is confident that it will meet its targeted 700-1200tpd production capacitty following the completion of phase one of its plant upgrade. Sino-Zimbabwe a joi...
Zimbabwe: Chinese-Zimbabwean joint venture invests in clean technology
Zimbabwe will soon have a modernised cement facility producing 0.2Mta with improved environmental performance. The Chinese-Zimbabwean joint venture is on track to complete a mod...
Sino-Zimbabwe boosts clinker capacity
Sino-Zimbabwe has completed phase one of its plant modernisation programme by increasing clinker production capacity by 40 per cent.
PPC
Despite rising electricity prices and depreciation pushing up input costs, South Africa’s PPC has posted an eight per cent rise in EBITDA to ZAR2500m (US$244m) for the year endi...
Lafarge
Lafarge has agreed the sale of its 53.3 per cent stake in its Honduras subsidiary Lafarge Cementos SA de CV to Cementos Argos for €232m, subject to the necessary official approv...
Lafarge Cement Zimbabwe 1H profit slips
Lafarge Cement Zimbabwe’s profit for the first half of 2013 fell 3.8 per cent, but the company expects a better performance in the remainder of the year due to cost reduction me...