South African market challenges
Full-year data for South African cement sales released this week show that dispatches edged ahead in 2012, but the growth rate remained tepid. Producers will hope that the gov...
Zimbabwe
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PPC Zimbabwe secures funding for new project
PPC Zimbabwe has secured US$200m to build a second plant, according to local press reports. Chief executive, Zak Limbada, said: “We have secured US$200m for the projects but...
PPC to build new Zimbabwe cement plant
PPC´s Zimbabwe subsidiary, Portland Holdings Ltd (PHL) has announced its intention to construct a new cement plant to service the Harare and central Mozambique markets. The new...
Zimbabwe’s PHL agrees ownership deal with government
PPC-owned cement producer Portland Holdings Ltd (PHL) has agreed an ownership deal with the Zimbabwean government and plans to invest US$200m to expand its operations in the co...
Sino-Zimbabwe pursues Masvingo project
Sino-Zimbabwe has begun feasibility studies to establish the extent of limestone deposits in the Nyanda Mountains on the outskirts of Masvingo, Zimbabwe, where the company want...
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...
Lafarge
Lafarge Jordan saw turnover decline by 12% lost year to JOD134m (€144m), producing a loss of JOD20m (€21.5m) as production at the two works fell to its lowest lever for eleven ...
Zimbabwe: PPC to empower community, workers
Pretoria Portland Cement (PPC) has agreed to transfer 10% of its shareholding to the Community Share Ownership Scheme to comply with the indigenisation and empowerment laws. Th...
PPC ‘cautiously optimistic’ on demand outlook
South Africa’s leading cement producer, Pretoria Portland Cement (PPC) said it is ‘cautiously optimistic’ about the cement demand outlook for its domestic and Zimbabwe markets....