South Africa’s newest cement plant begins commercial production
Sephaku Cement’s Delmas plant has dispatched its first product in South Africa.
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Sephaku Cement’s Delmas plant has dispatched its first product in South Africa.
Oman Cement Company has placed an order with FLSmidth for the supply of milling equipment at its cement plant in Rusayl, Oman.
A mining levy introduced in December is likely to push up construction prices in Kenya, adding Sh7 to the price of a 50 kg bag of cement.
Saudi Cement has recorded an 8% decrease in profit y/y for 4Q13 due to a drop in sales.
Despite a drop in November – December 2013, Saudi cement sales have seen a 4% y/y increase to 55.6 million t in 2013.
China Triumph International Engineering Group Co. and STG Engineering and Real Estate Development Company have signed a contract to build a 4200 tpd cement plant in Adrar, Algeria.
Dangote Cement is expecting the completion of five complete cement plants across Africa this year, significantly increasing the company’s capacity.
A rise in construction and infrastructure projects in Qatar in 2013 has boosted economic growth in the country by 6.2%, according to the latest report released by the Ministry of Development Planning and Statistics.
Saudi cement demand took a hit in 2013 due to a government crackdown on visas and the departure of hundreds of thousands of expatriate workers from the country.
Iran, the world’s fourth largest cement producer, could overtake US production if the country’s 75 million tpa nominal capacity becomes actual capacity.
ARM Cements is waiting on board approval on plans to establish a plant in South Africa, while Habesha Cement has secured financing for its Chinese contractor.
In order to comply with the listing regulations at the Nigerian Stock Exchange, Dangote must raise its free float stake from less than 5% to 20% by October.