Africa & The Middle East - 05 November 2014

PPC increases stake in Habesha Cement

Wednesday 05 November 2014 11:15

PPC has purchased Industrial Development Corporation’s stake in Habesha Cement Share Company (HCSCo), Ethiopia, meaning it will hold a 51% stake in the company.

UltraTech acquires 51% stake in Awam Minerals

Wednesday 05 November 2014 10:00

UltraTech Cement Middle East Investments, a subsidiary of UltraTech Cement, has acquired a 51% stake in Omani gypsum mining company Awam Minerals LLC.

Suez Cement records 18% rise in EBITDA in 3Q14

Wednesday 05 November 2014 00:00

Suez Cement witnessed a 48.2% increase in revenues and an 18.3% improvement in EBITDA in 3Q14 due to improved market conditions.