PPC wins Diamond Arrow award
South Africa’s PPC has won the 2014 Diamond Arrow prize in the ‘Cement and Concrete/Ready-Mix Suppliers’ category at the PMR.africa Awards.
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South Africa’s PPC has won the 2014 Diamond Arrow prize in the ‘Cement and Concrete/Ready-Mix Suppliers’ category at the PMR.africa Awards.
Savannah Cement is planning to invest approximately KES17.3 billion in the construction of a new clinker production facility in Kenya.
HeidelbergCement’s Sierra Leone Cement Corp Ltd (LEOCEM), the sole manufacturer of cement in the country, has announced that it will start production of slag cement in June 2014.
Cement demand in Qatar is forecast to double over the next three years due to increased government spending on infrastructure, according to a report by Arqaam Capital.
Martin Engineering RSA has named Fluid Base Industries as its full-service distributor in Zambia, which will help broaden the availability of bulk material handling technologies in Southern Africa.
Saudi Cement Company (SCC) reported a net profit of SAR286 million for 1Q14, a 16% y/y fall compared to SAR340 million in 1Q13.
Pakistani cement manufacturer Attock Cement has signed a joint venture agreement with Al-Keetan Trading and Commercial Agencies Ltd for the construction of a grinding plant in Basra, Iraq.
The investment company, which owns ASEC Cement, has increased total paid-in capital to EGP8 billion.
Qassim Cement Company posted a net profit of SAR159 million for 1Q14, while Umm Al Qura Cement is planning to raise SAR275 million through a flotation on the Saudi Arabian stock market.
PPC Zimbabwe has announced that it has installed a new state-of-the-art palletiser and plastic cover wrapping machine, which will enhance efficiency and improve delivery times.
Spain’s Cemengal will supply a second Plug&Grind® system to a client in Saudi Arabia, and two further units to Mauritania.
Saudi Arabia’s Southern Province Cement Company (SPCC) and the National Commercial Bank (NCB) have signed an SAR700 million financing agreement, lasting for a period of five years.