Sad to read on CemNet Newsroom on 7th March that Egyptian cement producer Alexandria Cement reported a consolidated net losses of EGP513.85m (US$29.13m), when compared with net losses of EGP50.86m in 2016. It is now almost 10 years since Whitehopleman was retained by potential Saudi Arabian investor...
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Whitehopleman
On 7th March CemNet Newsroom reported that Breedon Group PLC reports revenues grew by 43 per cent to GBP652.4m, including a full-year contribution from Hope Construction Materials, which was fully integrated into the group less than 12 months after completion of the acquisition, and from Sherburn Mi...
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Whitehopleman
On 24th February CemNet Newsroom reported that the price of cement in Nampula, northeastern Mozambique, has soared since the start of the year despite the existence of two cement plants in the port of Nacala, 200km to the west. This shows how local markets can be in Africa where distribution in coun...
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Whitehopleman
On 2nd March CemNet Newsroom reported that Infant Industry Protection (IIP) is not working as it should in Namibia. Ohorongo Cement faces a huge challenge having set up a full integrated cement plant while others are just importing clinker and grinding despite having a license to mine limestone and...
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Whitehopleman
Whitehopleman is fascinated to read on CemNet Newsroom that the Cuban cement industry will begin modernising cement plants this year to increase the country's production. A new factory will be established in Santiago de Cuba during the current year, which will replace the obsolete "José Mercerón", b...
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Whitehopleman
Dr Clark undertook a further independent monitoring consultant visit to the Derba Midroc Cement plant in Ethiopia visiting the factory on 25th February. These are difficult times in Ethiopia with the state of emergency having been reinstated and the Prime Minister having resigned. Thankfully the soc...
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Whitehopleman
Whitehopleman reads that Qatar National Cement Company (QNCC) is expected to increase its production capacity by 5500tpd during 2H18, due to the start-up of a new plant later in the year. (CemNet Newsroom 24th February. It is quite a few years since Whitehopleman visited the plant at Umm Bab in the...
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Whitehopleman
South Africa’s PPC has received nominations for Jabu Moleketi for the position of chairman of the board to succeed Peter Nelson reports CemNet Newsroom. Apparently PPC aims to strengthen the board with its strategic priorities. Dr Clark visited all PPC's cement plants in South Africa, Democratic Rep...
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Whitehopleman
Cahya Mata Sarawak Bhd (CMS), Malaysia, saw its earnings rise 27.2 per cent reported CemNet Newsroom on 23rd February. In its cement division reported a profit before tax of MYR101.3m in 2017 was recorded. Whitehopleman is always pleased to read of our customers making profits as that underpins thei...
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Whitehopleman
On 22nd February CemNet Newsroom reports that Bolivia's FANCESA are planning to build a new cement grinding plant near the border with Paraguay. Whitehopleman enjoyed spending 3 weeks in Sucre at FANCESA's head office in mid-2016 assisting with the "Open Bid" for the new line to be installed at thei...