Cement News tagged under: South Africa
Barloworld gets 44 Freighliner Columbia truck tractor14 December 2012, Published under Cement NewsBarloworld Logistics has taken delivery of 44 Freightliner Columbias as part of its owner-driver programme for Pretoria Portland Cement (PPC), South Africa. A fleet of 44 Freightliner Columbia truck tractors were delivered to 27 owner-drivers and 17 drivers of Barloworld Logistics, at the PPC factory in Dwaalboom recently. This handover by John Williams Motors Bloemfontein marks the renewal of a five-year contract with Barloworld Logistics for rigs to service PPC Cement at this factory... |
PPC buys majority stake in Rwanda cement producer13 December 2012, Published under Cement NewsSouth Africa’s leading cement producer Pretoria Portland Cement (PPC) has acquired a 51 per cent equity stake in Rwanda-based cement producer Cimerwa Ltd. The deal is worth a total cash consideration of US$69.4m. Cimerwa is situated in southwestern Rwanda and is the African country’s sole cement producer. It has a current capacity of 100,000tpa and is constructing a 600,000tpa expansion that will be commissioned in 2014. In addition to shareholder equity contributions‚ Cimerwa is in t... |
South African competition set to intensify10 December 2012, Published under Cement NewsThe South African cement sector is set to see increased competition from the end of next year when Sephaku Cement starts production. The company is set to be the first new market entrant since 1934 through the construction of its new Aganang cement plant. It is also constructing a grinding mill near Delmas, Mpumalanga and “We look like we will produce 2.5Mta from the end of next year,” , CEO Pieter Fourie told local press. The Aganang works, near Lichtenburg in the North West Province,... |
South Africa: Vietnam cement imports investigated15 November 2012, Published under Cement NewsThe National Regulator for Compulsory Specifications (NRCS) has confiscated some sub-standard cement imported into South Africa from Vietnam and is investigating complaints lodged about the quality of two other imported brands. Daniel Ramarumo, a NRCS spokesman, confirmed yesterday that it had received complaints from NPC-Cimpor about Vietnamese cement, which was “later confiscated by the regulator” on 23 August. This incident follows the NRCS's admission on 7 August that some 50kg bags ... |
South Africa: PPC eyes African cement growth14 November 2012, Published under Cement NewsAs South Africa entered a potentially slow growth year, rising cement demand in the rest of Africa presented strong growth opportunities for Pretoria Portland Cement (PPC), said outgoing CEO Paul Stuiver. PPC views a number of African countries, particularly Zimbabwe as good growth stories, aimed to enter four new markets in the eastern region of Africa in 2013. While the details of the potential acquisitions and greenfield projects could not be disclosed owing to confidentiality agreement... |
Sephaku Cement secures cement project funding, South Africa22 October 2012, Published under Cement NewsSephaku Cement had concluded a ZAR1.95bn (US$226m) funding deal with Standard Bank and Nedbank which will be put towards new capacity in South Africa. The 10-year funding deal would provide Sephaku Cement, which is developing a production facility in the northwest and a grinding facility in Mpumalanga, with the required capital to enter the cement market. Of the total debt capital raised, just over 50 per cent of total procurement spend would be invested locally. Aganang, near Lichte... |
AfriSam to expand in Eastern Cape17 October 2012, Published under Cement NewsSouth African cement producer AfriSam announced that it had signed a lease agreement with the Coega Development Corporation (CDC) to establish a grinding and blending plant in Zone 5 of the Coega Industrial Development Zone. The plant will have a production capacity of 740,000tpa and will supplement AfriSam’s existing supply of cement to the Eastern Cape market. An Environmental Impact Assessment (EIA) is currently underway and construction of the plant will commence upon approval of ... |
PPC receives environmental approval for Western Cape modernisation, South Africa04 October 2012, Published under Cement NewsSouth Africa’s leading cement producer Pretoria Portland Cement has been granted environmental authorisation by the Western Cape Department of Environmental Affairs and Development Planning for phase 2 of its Western Cape modernisation strategy. The upgrade project encompasses the replacement of two ageing cement kilns at the Riebeeck plant with a new five stage preheater kiln. This marks the successful conclusion of the environmental impact assessment, however in terms of the legislat... |
South Africa’s second-half sales rise seven per cent03 October 2012, Published under Cement NewsSecond-quarter cement sales in South Africa reached 2.91Mt, a seven per cent increase on the same period of the year before (2.7Mt), the latest data from the country’s Cement and Concrete Association (C&CI) shows. First half sales amounted to 5.55Mt, representing a 6.8 per cent rise on the first half of 2011 when figures reached 5.197Mt. For the 12 months to June 2012, the moving annual total was 11.59Mt, a rise of 6.6 per cent compared to 10.872Mt in the comparable period of the previ... |
PPC clears second phase of BEE deal, South Africa02 October 2012, Published under Cement NewsSouth Africa-based Pretoria Portland Cement (PPC) said on Friday that all conditions set for the ZAR1.1bn (US$131.7m) second phase of its broad-based black economic empowerment (BEE) transaction had been fulfilled. The deal, which was announced in July, will give the cement and lime producer an effective 26 per cent black ownership, as required by the mining charter, enabling it to convert its old order mining rights to new order rights. The first phase of the deal in 2008 resulted in 1... |