Africa & The Middle East

Najran to tap export market to reduce stockpile

Saudi Cement reported a 4% fall in net profits in 2016 on the back of lower sales and higher production costs.

Commissioning of PPC’s new cement plant in Ethiopia is expected to begin soon with cement production expected by 2Q17.

South Africa-based cement company, PPC, has begun hot commissioning of a new cement in the Democratic Republic of the Congo.

PPC and AfriSam have entered merger talks, saying current market conditions warranted combining the companies.

Research and Markets has released its latest report, which addresses the global construction chemicals market.

HeidelbergCement reports its best year since the financial crisis on the consolidation of Italcementi operations.

Cementir Holding has released its preliminary results for FY16.

Construction sector growth will be “slow and painful” through 2017, providing further challenge to the country’s cement companies.

Siwertell has received a third order for a road-mobile cement unloader from Acico Construction.

Northern Province Cement is to invest in the Iraqi cement market through its Jordanian subsidiary.

Cemex has reported an increase in net income.

Pakistani cement company, Pioneer Cement, has awarded a contract to CDI for the construction of a new cement and power plants.

PPC cement sales in Zimbabwe, Rwanda and Botswana were up 9% after the commissioning of a new mill in Harare.

ABB has released its financial results for 4Q16 and FY16.