Africa & The Middle East

According to reports, Lafarge has temporarily halted operations at its cement plant in Syria in light of security concerns for its staff.

Local media is reporting that Benue State, Nigeria, is selling 30 million shares in Dangote Cement and plans to sell its total shareholding of 90 million shares.

The board of directors has approved the acquisition of a 100% stake in BMM Cements Limited.

Local reports suggest that the Federal High Court of Nigeria has urged the Standards Organisation of Nigeria to stay action pending a hearing.

Nigeria’s SON has launched three different cement bags for the 32.5, 42.5 and 52.5 grades as part of its new cement standardisation policy.

Following Gordhan’s resignation, PPC has thanked the outgoing CEO and Executive Director for his contribution to the company and appointed Bheki Sibiya as interim Executive Chairman.

The South African cement maker will see non-executive chairman Bheki Sibiya become executive chairman until a new CEO is found.

Weak demand and high inventory levels will force Saudi Cement Company to keep two kilns at its Hofuf plant closed following refurbishment work.

The cement company has reported its financial results for the first half of this year, which reflect the challenging economic conditions presently being felt in Zimbabwe.

A new power plant is to be integrated with Lafarge’s existing 90 MW dual-fuel power plant in Ogun State, adding 220 MW capacity.

Tororo Cement Limited (TCL) has become the latest company to join the Uganda Chamber of Mines and Petroleum (UCMP).

A significant increase in cement exports to neighbouring African countries has earned Ethiopia US$9 million more in the most recent budget year compared to the year earlier.

According to reports, Lafarge Africa Plc has announced the completion of its consolidation exercise, which involved the merging of its Nigerian and South African assets.

According to reports, the South African cement manufacturer has cited slower economic growth and decreased infrastructure spending as reasons for lower cement sales volumes.

Raysut Cement has signed a joint venture agreement with Barwaaquo Cement for the construction of a new packaging and distribution terminal at Berbera port.