Africa & The Middle East

German construction equipment manufacturers are more optimistic about the future than they were towards the start of 2015.

A round-up of some of this week’s key news items from the international cement industry, from cement consumption and production to the latest corporate affairs.

Oman's Raysut Cement has posted a 33% decrease in Q215 net profit.

CEMBUREAU has taken note of the Commission’s proposals on EU ETS post-2020 and will now proceed to a more in-depth analysis.

LafargeHolcim has officially launched across the globe and has announced key elements of its ambitions for the future.

Euronext has congratulated the new LafargeHolcim Group on its successful merger and inclusion in the CAC 40 index.

In Q1 and Q2, Steppe Cement Ltd sold 717 654 t of cement for 8277 million Tenge.

Saudi Cement and Hail Cement have both reported declines in net profit for the quarter ending 30 June.

Christian Pfeiffer, Germany, signs a contract to deliver and construct two coal mills, both rated for outputs of 35 tph of coal, for Amreyah Cement Co. in Egypt.

According to reports, PPC subsidiary CIMERWA has launched a new cement production line, increasing capacity to 600 000 tpy.

Q1 2015 cement production reached 15.774 million t and clinker output passed 19.264 million t.

The ANRC will focus on upstream natural resources management – i.e. not on the processing and post-processing stages.

FLSmidth and D.G. Khan Cement Company Ltd have signed a contract worth €57 million for FLSmidth to supply engineering and equipment to a cement plant in Pakistan.

Higher expenses hit the cement company hard, while a kiln maintenance project also contributed to a 40% drop in net profit.

The mandate of the new Board of Directors and of the new Executive Committee with Eric Olsen as CEO will become effective.