Good to read on CemNet Newsroom on 25th April that Grupo Cementos de Chihuahua (GCC) quintupled net income in the 1st quarter of 2018 to US$11.3m from US$1.7m in the first quarter of 2017. That will take some maintaining! GCC used to be a vert good customer of Whitehopleman, although not since the f...
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A shortage of cement at distribution points is expected to continue in Rwanda, while retail prices will remain high until regional manufacturers resume production at the end of April 2018, according to CemNet Newsroom on 9th April 2018. The maintenance of Cimerwa factory is expected to continue for...
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Whitehopleman
On 9th April CemNet Newsroom informed us that PPC is in talks with China National Materials Co (Sinoma), about selling a stake in their DR Congo operation, PPC Barnet. There is an oversupply of cement in sub-Saharan Africa's largest country, and PPC is in talks with China National Materials Co (Sino...
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Whitehopleman
Interesting to read on CemNet Newsroom on 6th April that Qassim Cement Co has received a one-year export licence from Saudi Arabia’s Ministry of Commerce and Investment. Whitehopleman has a long association with Qassim Cement stretching back more than 15 years. Whitehopleman is intrigued how exporti...
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Whitehopleman
On 6th April 2018 CemNet Newsroom reported that cement prices in Uganda have increased by UGX5000-11,000 (US$1.35-2.98) within a month, sparking a country-wide crisis in the building sector. Pader District, some 411km from the capital Kampala, reported the highest price at UGX50,000 for a 50kg bag o...
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Whitehopleman
Exciting news on CemNet Newsroom on 5th April 2018 that BUA Cement is to list on the Nigerian stock exchange with the aim of giving others the opportunity to share in the business and to release capital for other projects. Whitehopleman has a long association with Nigeria and has talked with BUA on...
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Whitehopleman
On 4th April CemNet Newsroom reported that Cementir Holding completes today the acquisition of an additional 38.75 per cent stake in Lehigh White Cement Co. Dr Clark's PhD is in the chemistry of the production and quality of white cement, which lead him to be asked to visit Lehigh White's cement pla...
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Whitehopleman
Lafarge Cement Zimbabwe Ltd posted a loss of US$609,589 for the year ended 31 December 2017 according to CemNet Newsroom on 4th April 2018. Revenue during the period under review fell 4.14 per cent to US$58.4m from US$61m. Apparently heavy rainfall adversely affected cement stocking patterns and pa...
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Whitehopleman
On 3rd April 2018 CemNet Newsroom reported that LafargeHolcim Algeria carried out its third export shipment of grey cement to Gambia from the port of Arzew on 28 March. Following two earlier shipments in December 2017 and March 2018, some 30,000t of bulk grey cement was delivered from its Oggaz ceme...
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Whitehopleman
CemNet Newsroom tells us on 3rd April that Bangladesh Chemical Industries Corporation (BCIC), owned by the Bangladeshi Ministry of Industries, is still looking for an engineering and construction contractor to convert the Chhatak cement plant into a dry-process plant in northeast Bangladesh. Whiteho...