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Africa & The Middle East

 
 

LafargeHolcim reports solid 3Q17 results

LafargeHolcim reported a solid rise in like-for-like cement sales in 3Q17, while earnings benefitted from growth in the Americas and Europe.

 

LafargeHolcim interested in PPC

LafargeHolcim has become the latest big-name cement maker to be linked with South Africa’s largest cement maker, PPC.

 
 
 
 
 
 

China drags on global cement consumption growth

China will drag down average cement consumption growth over the next five years, as the country continues to battle overcapacity, counterbalancing a rosier outlook elsewhere.

 

Doubt looms over AfriSam’s PPC offer

Shareholder opposition may scupper the PPC-AfriSam tie up, the PPC chairman has admitted. Speaking to local media, Peter Nelson said that a “number of shareholders” have indicated their concerns.

 
 
 

Cimpor reports lower volumes in 1H17

Adverse markets in Brazil, Egypt and Mozambique more than offset positive news from Portugal, Argentina and Paraguay, bringing down Cimpor’s year-on-year volumes in 1H17.