Africa & The Middle East

Accusations of cartel behaviour, energy price increases and the removal of subsidies could all spell trouble ahead for the Egyptian cement industry.

HeidelbergCement is investing US$40 million into the expansion of its Wazo Hill plant, including the construction of a new 700 000 tpa cement mill.

Improved performance leads Kenya’s East African Portland Cement to consider expansion.

Work on the project at Edo Cement Company, a BUA Group venture, is progressing well and should be completed early next year.

Ethiopia’s Habesha Cement is looking for new financing after DBE pulled 70% of its original loan offering.

New cement mill contract in Saudi Arabia shows plants pushing to add capacity to meet soaring demand.

Loesche is to supply equipment for Dangote Cement’s new grinding facility in Cameroon.

PPC continues expansion plans outside of South Africa, as its Zimbabwe subsidiary celebrates its centenary.

Dangote Cement announces that the Gboko plant has been reopened following talks with the Nigerian government.

Since a 2010 hike in the price of diesel, government-owned cement production has suffered.

PPC reports growth and remains cautiously optimistic about the coming year.

Saudi Arabian cement company, Yanbu, has posted its 2012 results and is named as the Saudi cement sector’s number one stock pick.

Loesche has been contracted to supply grinding technology for Dangote Cement’s Menagasha plant in Ethiopia.

Loesche will supply three VRMs to Dangote Cement’s Obajana plant in Nigeria.

Oman Cement Company’s net profit and total revenue achieves y/y growth.