Cement News tagged under: South Africa
South Africa to probe dumping allegations27 August 2014, Published under Cement NewsThe International Trade Administration Commission (Itac) is investigating claims that cement from Pakistan is allegedly being dumped in the Southern African Customs Union (Sacu). South Africa-based producers AfriSam, Lafarge, NPC Cimpor and PPC allege that bagged cement from Pakistan was being dumped at a price 48 per cent lower than the normal value in Pakistan. According to statistics by the XA International Trade Advisors, annual imports from Pakistan rose from 362,350t in 2011 to... |
Sephaku Aganang works launches clinker production25 August 2014, Published under Cement NewsDangote subsidiary, Sephaku Cement (SepCem), launched clinker production at its integrated Aganang plant on 20 August 2014, the company confirmed in an operational update. This follows the announcement on 13 August 2014 on the completion of the hot commissioning of the plant. The first consignment from Sephaku's flagship works in Northwest Province, South Africa, will be delivered to the company's Delmas grinding unit Mpumalanga. To-date, SepCem has been purchasing clinker to mill at Delm... |
Aganang works to launch clinker production14 August 2014, Published under Cement NewsSephaku Cement has completed the commissioning of the clinker production facility at Aganang, South Africa, and is ready to commence production, the company said in a statement. The first consignment of clinker will be delivered to the Sephaku’s Delmas grinding plant by the end of the month. Dr Lelau Mohuba, CEO of Sephaku Holdings, said: “The production of its own clinker is an important step for SepCem, enabling it to become a fully-integrated producer of cement. We are confident that it... |
PPC27 May 2014, Published under Cement NewsPPC has reported a two per cent rise in cement sales for the six months ending March 2014. Revenue came in at ZAR4.16bn (US$0.4bn), an increase of nine per cent on the same period last year. EBITDA was also up by five per cent to ZAR1.17bn, while operating profit jumped 15 per cent to ZAR1.36bn. The cement market now accounts for 86 per cent of the company's total revenue, compared to 10 per cent for lime and four per cent for aggregates. Much of the growth has come from increased export sal... |
AfriSam launches Supplier Development Centre22 May 2014, Published under Cement NewsAfriSam recently successfully opened its Supplier Development Centre in support of the company’s Enterprise Development Programme which has been implemented as part of a transformation drive in the country, especially in areas where the company operates. The aim of the Supplier Development Programme is to identify black-owned Small, Medium and Micro Enterprises (SMMEs) close to the company’s operations and provide these entrepreneurs with the necessary support and development for them to gr... |
PPC: first-half cement sales edge higher20 May 2014, Published under Cement NewsPPC announced its group cement sales were two per cent higher for the first half of the year to the end of March 2014. Improvements in export sales and the consolidation of sales from its Rwanda operation and newly-acquired Safika Cement business were partly offset by declining sales volumes in South Africa and Botswana. Group revenue increased by nine per cent to ZAR4157m (2013: ZAR3812m) helped also by improving cement pricing and the favourable impact of the devaluation of the rand aga... |
Mamba Cement to build new South Africa plant14 May 2014, Published under Cement NewsNedbank Capital and the Bank of China Johannesburg have jointly announced the raising of debt capital to fund a new entrant into the South African cement industry. The project is being undertaken by the Mamba Cement Company, a special purpose vehicle established to construct and operate the cement production facility and mine the limestone. The equity required for the project was provided by the Jidong Development Group (majority shareholder in the project), the China-Africa Development... |
PPC positive profit alert, South Africa28 April 2014, Published under Cement NewsSouth Africa’s leading cement producer PPC said Friday it is likely to post higher profits in the six months to March this year. Headline earnings per share are likely to rise to be between 30 and 40 per cent higher than the past comparable period due to non-recurring items the company said in a trading statement released last week. The company is continuing with its strategy of expanding outside of South Africa. Earlier this year, it entered the Algerian market by acquiring a 49 per cent... |
Tenova TAKRAF Africa wins order for reverse pulse bagfilters for PPC plants25 April 2014, Published under Cement NewsTenova TAKRAF Africa has been awarded two contracts by South Africa’s leading cement producer, PPC, to supply reverse pulse bagfilters to replace existing electrostatic precipitators (ESPs) at PPC’s Slurry facility near Mahikeng, North West Province, and its De Hoek cement plant in the Western Cape. Replacement of the ESPs with reverse pulse bagfilter technology is part of a PPC company-wide initiative to upgrade its dust control systems. This initiative is in line with the company’s on... |
African Forum checks dynamics of cement prices07 April 2014, Published under Cement NewsZambia has recently recorded intermittent increases in the cost of cement, prompting government to call for additional private investment in the industry. The Competition and Consumer Protection Commission (CCPC) has disclosed that a market study has been carried out under the auspices of the African Competition Forum (ACF) and was simultaneously undertaken by Tanzania and South Africa. CCPC public relations officer, Hanford Chaaba, said that the findings on the study have since been ta... |