Africa & The Middle East

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.

Loesche’s largest vertical roller mills are being used to equip the doubling of the Nigerian cement plant.

Generous allocations for infrastructure in the budget will see an increase in demand.

With one of its domestic plants closing and a pressure group formed to force the government into action over the alleged glut, we take a quick look at the latest news to come from Nigerian Cement giant, Dangote

Amid fears that the project might not take off, the CEO of Cemtech Sanghi Group has made assurances that the plant will be finished in the first half of 2014.

The Liberian government has specified the need to encourage reconstruction and development as reasons for continuing the suspension.

As 2013 begins with domestic cement demand on the increase in Saudi Arabia, Yamama Cement and Yanbu Cement report the first of their 2012 results, and look to the coming years.

The delivery shows that phase 1 of the infrastructure project for the UAE is on track.

The IFC has lent Iraq’s Kerbala Cement US$70 million to carry out renovation works.

Southern Province Cement Company has awarded Wartsila a contract for power plant expansion at its Tahama cement plant in Saudi Arabia.

Dangote Cement has announced plans to build a 1.5 million tpa cement plant in Pout, Senegal.