Africa & The Middle East

Oman's Raysut Company is to establish a subsidiary firm to supply cement to the African country of Somalia.

Ohorongo Cement’s funding is being ‘Namibianised’, with RMB Namibia appointed mandated lead arranger for the financial restructuring.

The company’s second manufacturing plant in the country is expected to be commissioned in the second half of 2016.

A round-up of some of this week’s key news items from the international cement industry, from the latest construction outlooks to recent projects and developments.

Dangote Cement has just commissioned a new cement plant in Zambia and plans to double capacity, according to reports.

Mondi launches the HYBRIDPRO bag – a combination of plastic and paper and offers weather protection and significantly extends the shelf life of its contents.

Cementir Holding has announced its 1H15. Revenue increased by 0.6% due to good performance of Scandinavian operations, counterbalancing the difficulties encountered in Turkey, Egypt, Italy and the Far East.

Dangote Cement has reported increases in revenue, profit and EBITDA for the six months to the end of June.

Ohorongo Cement is investing N$150 million in a new plant to produce special composite cements.

More details on the acquisition of Italian cement company Italcementi by HeidelbergCement, which will make HeidelbergCement the world’s second biggest cement producer.

German cement company HeidelbergCement has announced that it will acquire a 45% shareholding in Italian cement producer, Italcementi.

Cimfaso has awarded Haver & Boecker a turnkey project for work in in Burkina Faso.

A year after its launch, PCC has released an update which confirms the success of its Cement and Concrete Cube industry networking and sharing platform.

Sinoma successfully completed the project, despite challenges presented by the local environment.

Cemex’s results show that its controlling interest net income in 2Q15 increased by 50% since 2Q14.