PPC appoints new CEO
Darryll Castle is set to join the company as CEO on 12 January, following the resignation of former CEO Ketso Gordhan in September.
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Darryll Castle is set to join the company as CEO on 12 January, following the resignation of former CEO Ketso Gordhan in September.
According to a new report by Timetric’s Construction Intelligence Centre, investment in road and rail is helping to drive economies in Africa and the Middle East.
Siwertell supplied a 300 tph trailer-based, diesel-powered Siwertell 10 000 S road-mobile unloader for cement to Jah Multi Industrial Ltd.
New cement plant due to start-up in Cameroon and Angola takes a stand on imports.
The price cuts announced last month have failed to take hold, say local distributors.
Suez Cement plans to convert two of its plants to run on coal, while new government studies will look into the economic feasibility of expanding cement production in the country.
The new cement project in the Democratic Republic of Congo has gained financial support from the African Development Bank and IFC, among others.
The new grinding plant in Abidjan, Ivory Coast, will bring the facility’s capacity to 500 000 tpy.
The merger would give the combined entity an ~60% market share in the cement industry, which would likely give rise to competition concerns.
According to local press reports, the new loan will be used for repayments and re-drawing, and will complement ARM Cement’s other banking facilities.
The Memorandum of Understanding (MoU) will see the injection of around N15 billion into the Industrial Training Fund to aid training and job creation.
Following the consolidation of its Nigerian and South African businesses, Lafarge Africa is set to make a bid to buy out the minority shareholders of Ashaka Cement.