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Dangote Cement

Dangote could come under fire from calls for the Zimbabwe government to impose tariffs on imported cement. The country’s local producers have expressed concern that the influx of cheap imports ...
Corporate - 25 May 2016

China: West China Cement to agree to Anhui Conch ownership

Yesterday, shares in West China Cement rose nearly six per cent on news that a sufficient majority of option-holders had agreed to an acquisition by largest listed Chinese peer, Anhui Conch Cement...
News - 24 May 2016

France: Daniel Group to buy Lafarge quarries

Daniel Group is to buy three assets of Lafarge in France. The Baudreix-Mirepeix site comprises a 200,000tpa alluvial gravel quarry and a concrete plant. The agreement will also include the acquisi...
News - 24 May 2016

Lafarge Africa appoints new group managing director

Lafarge Africa Plc has announced the appointment of Michel Puchercos as its new group managing director/CEO. A French national, Mr Puchercos has worked in South Korea, Kenya, Uganda, Tanzania a...
News - 23 May 2016

India: Positive outlook for growth, but challenges remain

Cement consumption in India doubled between 2005 and 2015, but still lags behind China’s at a comparable stage of development. In 2001, the World Bank calculations put China’s GDP per capita at US...
News - 20 May 2016

USA: Lafarge cancels Joppa expansion

Lafarge North America has put an end to expansion plans at the Joppa Cement Plant, Massac County, Illinois. A spokeswoman for Lafarge, Robin De Carlo, said that the cancellation of plans to instal...
News - 18 May 2016

Zimbabwe: Sino Zimbabwe sales decline

Sales for Sino Zimbabwe Cement Company (SZCC) have declined by 15 per cent in the first quarter, in comparison with the same period last year. A further decline in sales this quarter has been proj...
News - 16 May 2016

Zimbabwe: firms face closure

Due to an influx of cheap imported products in Zimbabwe, local cement producers have warned of a possible scaling down of operations and closures, saying protectionist measures are needed to save...
News - 13 May 2016

Quarterly results disappoint as LafargeHolcim struggles to consolidate

LafargeHolcim's results for the first quarter of 2016 have disappointed analysts as the company announced that EBITDA had fallen by 17 per cent on like-for-like terms compared to the same period i...
News - 13 May 2016

Patterns in US cement

As the US market picks up, the country’s cement producers can look forward to consumption growth rates of 6-7 per cent annually over the next two years. This should enable them to continue raising...
Articles - 11 May 2016