Africa & The Middle East

Saudi Cement recorded a net profit of SR232 million in the quarter ended 30 September 2014, an increase from SR229 million in the corresponding period of 2013.

The Kenyan cement company is planning to expand its reach in the East Africa region.

Twelve projects across nine countries in Africa and the Middle were recognised for their contribution to sustainable construction by the Holcim Awards 2014.

The pozzolan quarry will support the company’s new 1 million tpa cement plant in Douala.

ThyssenKrupp Industrial Solutions has received an order from Al Sawfa Cement Company, Saudi Arabia, for the construction of a complete cement production line.

HAZEMAG & EPR has received orders for crushing equipment from Fives FCB, CDI and Lafarge for their facilities in Qatar, Egypt and Tanzania, respectively.

International Cement Company Ltd has reportedly secured financing for a new cement plant project in Ogun State, while people have demonstrated at the premises of the Standards Organisation of Nigeria.

Next month, a delegation of representatives from eight German companies in the cement plant engineering sector will hold symposia in Angola and Kenya to share technical solutions ‘made in Germany’.

African Investor has named Ahmed Heikal, Chairman and Founder of Qalaa Holdings, which owns ASEC Cement, African Business Leader of the Year.

Qalaa Holdings, which owns ASEC Cement, has signed up to the world’s largest voluntary corporate social responsibility initiative.

Raysut Cement has recorded an increase in profits for the third quarter, while Oman Cement, which has recently completed an upgrade project on line 1, reported a decline in profits for the period.

South Africa’s Competition Commission has granted approval for the LafargeHolcim merger on the condition that Holcim divests its stake in Afrisam.

PPC Ltd has entered into a partnership with the North West and Limpopo provinces and the Roads Agency Limpopo to upgrade an 82 km stretch of road.

Aliko Dangote is planning to invest an undisclosed sum in the development of the Mbinga coal mine in southwest Tanzania.

Cement importers and domestic producers have assured Cameroon’s government of a constant supply of cement for the remaining three months of 2014.