Thursday, 19 March 2015 08:43

PPC determined to expand into Africa

PPC seems to be determined in aggressively expanding into fast-growing Africa.

PPC-AfriSam merger seems to make a great deal of sense for the companies.

Friday, 18 November 2011 02:00

Waiting for cement to dry

The cement industry may be expecting an end to the construction sector’s downturn, but the ability of Afrisam, its second-biggest producer, to continue operating is 'under threat'.

Wednesday, 05 October 2011 02:00

Cement firms see beyond the downturn

Competition in southern Africa’s cement market is heating up even as sales remain distinctly cool in the face of renewed global financial turmoil.

Tuesday, 05 July 2011 02:00

2011 cement volumes to replicate 2010

Cement producer Lafarge South Africa has reported an uptick in daily sales however the group noted that it expected 2011 volumes to be similar to 2010

Wednesday, 18 August 2010 02:00

Cement industry recovery in 2nd half 2011

Lafarge SA says that it expects the cement industry to recover in the second half of 2011, says CEO.

Wednesday, 06 May 2009 02:00

Holcim profits plunge 80%

Holcim says net profit plunged 80% during the first quarter, hit by a decline in business from Europe and North America.

Wednesday, 11 February 2009 02:00

Regional cement sales down

Cement sales in January in southern Africa were down 4.7% year-on-year to 935,913 tons from 982,424 tons at the same time a year ago, data from the Cement and Concrete Institute showed on Tuesday.

Construction IndustryThe institute noted that January 2009 had one less sales day than January 2008.

"If the decrease in sales days is taken into account, total regional sales were only 0.2% lower than January 2008," it said.

Regional sales are down 4.7% at 935,913 million tons on a year-to-date basis in 2009.

The moving annual total in southern Africa was down 4.0% year-on-year in January to 14.7 million tons.

Exports to other countries excluding Swaziland, Botswana, Lesotho and Namibia rose by 376.5% to 31,986 tons – up 376.5% on a year-to-date basis.

 

Friday, 16 January 2009 02:00

Switzerland's Holcim to cut 3,300 jobs

Switzerland's Holcim says it will cut some 3,300 jobs as it seeks to deal with the global economic crisis.

Swiss group Holcim said it had increased its stake in Chinese company Huaxin Cement to 39.9% from 26.1% for $282m

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