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Press Office - AfriSam

AfriSam

Through a clear focus on the needs of our customers, together with the exceptional and consistent performance of our Cement, Readymix concrete and Aggregate materials and our dedicated People, we are setting new standards in sustainable growth for the region, its People and the Planet as a whole.

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Bobcat Equipment SA launches pothole-busting Pavijet MG7 paver

     Updated 5 hours ago The ‘pothole-busting’ Pavijet MG7 paver, representing the latest technology in the asphalt-finishing sector, has been launched in South Africa by Bobcat Equipment South Africa, part of the Goscor Group. This internationally-patented paver is ideal for tough local maintenance jobs such as patching... 

Holcim to wind up Nigerian company next month

By: Reuters     18th July 2017 Holcim Nigeria plans to pass a resolution next month to dissolve the company after its Swiss-based parent firm merged with French rival Lafarge two years ago, the cement maker said on Tuesday. Holcim Nigeria is now part of Lafarge Africa following a mega-merger in 2015 to create the world's... 

Sephaku lifts volumes in highly competitive cement market

By: Ilan Solomons     14th July 2017 JSE-listed minerals exploration, development and investment company Sephaku Holdings’ (SepHold’s) net profit increased by 12.8% year-on-year to to R68.1-million for the year ended March 31, despite its revenue having decreased to R839.9-million on the back of lower prices and reduced demand in... 

Kenya's Bamburi Cement says to increase grinding capacity by 40% by mid-2018

By: Reuters     12th July 2017 Kenya's Bamburi said it plans to increase its cement grinding capacity by 900 000 t at one of its two plants by mid-2018 and lift total annual production capacity to 3.2-million tonnes. The company, the East African country's biggest cement maker and controlled by Lafarge Holcim, began work on a... 

Dangote Cement aims to double size of Africa plants in three years

By: Reuters     12th July 2017 Nigeria's Dangote Cement plans to invest about $4-billion in the next two to three years to nearly double its production capacity in Africa, a senior executive told Reuters on Tuesday. Edwin Devakumar said the company was seeking to expand across the continent to hit annual production of about... 

Zambia to build $548m cement plant

By: Reuters     7th July 2017 Zambia will build a $548-million cement plant in a joint venture between the nation's mining investment arm and China's Sinoconst, President Edgar Lungu said on Friday, as it aims to diversify the economy to reduce reliance on copper mining. Zambia Consolidated Copper Mines Investment Holdings... 

Welding Alloys South Africa

     4th July 2017 To lead the market in engineered wear protection solutions and flux cored welding wire technology, Welding Alloys South Africa (WASA) is focused on responding to its customers’ needs. Part of the Welding Alloys group, which covers more than 150 countries through a network of 30 subsidiaries... 

WG Wearne posts FY17 losses amid tough market conditions

By: Megan van Wyngaardt     3rd July 2017 A subdued local construction market, paired with the R59-million closing out of its construction services business, has seen WG Wearne widen its loss from continuing operations from R18.4-million in 2016, to R28.8-million for the year ended February 28. In a copy of its financial statements,... 

Sephaku lifts FY17 profit despite challenging economic environment

By: Ilan Solomons     30th June 2017 JSE-listed minerals exploration, development and investment company Sephaku Holdings’ (SepHold’s) net profit increased by 12.8% year-on-year to to R68.1-million for the year ended March 31, despite its revenue having decreased to R839.9-million on the back of lower prices and reduced demand in... 

Engineers must become indispensable during challenging times

By: Robyn Wilkinson     30th June 2017 Until the barriers to investment and development in South Africa’s mining sector are resolved so that key opportunities can be realised, engineering companies need to ensure that their expertise and services are made indispensable to the market, says specialist engineering company Paterson &... 

New Tshwane light-steel frame building erected at speed

By: David Oliveira     30th June 2017 South African light-steel frame (LSF) construction company Futurecon has completed the construction of a R7-million 454 m2 facility, in Tshwane, for optometric service provider Spectacle Warehouse last month. Project architect Base Architects & Associates MD Darren Ogden explains that the only... 

Argentina snaps 15mth streak of falling industrial output in May

By: Reuters     29th June 2017 Argentina's industrial production turned positive in May, official data showed on Thursday, breaking a 15-month streak of declines and providing a glimmer of hope for the lacklustre economy four months before crucial midterm elections. The 2.7% increase in output versus May 2016 was below median... 

Australia’s CEFC invests A$20m in lithium/tantalum mine

By: Esmarie Swanepoel     27th June 2017 The federal government will invest around A$20-million into the Pilgangoora lithium tantalum project, in Western Australia. The investment will be done through the Clean Energy Finance Corporation (CEFC), and is the current government’s first investment in a mining project of this kind in... 

Africa's richest man may quit Ethiopia over mining dispute

By: Bloomberg     23rd June 2017 Dangote Cement, controlled by Africa’s richest man, Aliko Dangote, said it may shut its operations in Ethiopia if authorities in the central state of Oromia don’t reverse an order to cement makers to hand over control of some parts of their businesses to local young people. Oromia state’s East... 

Denmark's FLSmidth sees slow recovery in investment by mining firms

By: Reuters     21st June 2017 Danish mining equipment and cement factory maker FLSmidth said on Wednesday that investment by mining firms was only slowly recovering and low prices were still weighing on the cement business. "It is still a bumpy road ahead, investments are very low - crudely low - in the mining industry, and... 

Construction starts on Graskop Gorge glass elevator

By: Anine Kilian     20th June 2017 Construction has started on the Graskop Gorge elevator, with around 160 t of concrete poured on the first section of the lift base last week.    Building the viewing lift on Mpumalanga’s Panorama Route is an engineering first for South Africa and it is estimated that the tourism node will be open... 

Busiest project bidding period ever – ELB 

By: Martin Creamer     20th June 2017 Johannesburg Stock Exchange-listed ELB Group is having its busiest project bidding period ever, and is seeing a strengthening in base metals and great opportunities in gold. “In the last six months, we’ve experienced our busiest bidding period ever,” ELB Group CE Dr Stephen Meijers told Mining... 

New agreement could see Namangale start

By: Esmarie Swanepoel     16th June 2017 Graphite developer Volt Resources has inked a cooperation agreement with China National Building Materials General Machinery (CNBMGM), which could see the Chinese company become involved in the development of the Namangale project, in Tanzania. Under the agreement, CNBGMG would become a... 

Bass gets possible offtake for Graphmada product

By: Esmarie Swanepoel     16th June 2017 ASX-listed graphite developer Bass Metals has signed a sales and purchase memorandum of understanding for half of the forecast graphite concentrate production from the Stage 1 development of its Graphmada project, in Madagascar. The un-named European party was expected to purchase some 3 000 t/y... 

Composites cluster charts way forward for basalt in composites

By: Irma Venter     16th June 2017 Nelson Mandela Bay Composites Cluster MD Andy Radford says the cluster has mapped the value chain for the production and application of basalt in composites. He says the cluster is at an advanced stage of securing local and global beneficiators and buyers for the mineral for use in composite... 

PPC Imaginarium Awards 2017 winners announced

By: David Oliveira     16th June 2017 South African art and design competition PPC Imaginarium  Awards announced its overall winner, category winners and runners-up at a gala event hosted last month at the University of Johannesburg’s Art Gallery in Auckland Park. The winners were selected from the 55 finalists who submitted their... 

Several Green trends expected to emerge this year

By: Simone Liedtke     16th June 2017 As the green-building groundswell takes hold globally, construction materials supplier AfriSam says industry can expect to several trends emerge this year. 

India assures domestic coal supplies for steel, cement companies

By: Ajoy K Das     15th June 2017 In another step towards zero coal imports, India’s Coal Ministry has offered assured domestic coal supplies to companies outside of the power generation industry. Under the new framework, coal consuming companies in the steel, cement and fertiliser sectors, would receive coal supplies from Coal... 

Acacia Mining confirms start of negotiations with Tanzania govt

By: Megan van Wyngaardt     15th June 2017 Tanzania-based gold miner Acacia Mining’s CEO Brad Gordon on Thursday said the company would leave any disputes around back taxes for resolution during negotiations with the country’s President John Magufuli. During a teleconference, he added that the company was not prepared to comment on... 

From Tesla cars to underwear, metal makers seek new markets

By: Bloomberg     15th June 2017 The world’s biggest mining companies would like you to put more zinc in your zucchini and copper in your socks and dental floss. While builders and manufacturers remain the biggest metals users, producers are confronting the end of a Chinese industrial boom that fueled surging global demand and... 

Tanzania's Acacia spat shows deepening battle with business

By: Bloomberg     14th June 2017 Tanzanian President John Magufuli’s escalating battles with business risk alienating the very investors he needs to drive his multi-billion dollar industrialization policy. On Monday, the 57-year-old leader ratcheted up his dispute with miners by accusing Acacia Mining Plc of operating illegally... 

Company wins $157m boiler contract

     9th June 2017 India-based energy and environmental engineering solutions company Thermax has won export contracts from an undisclosed leading African conglomerate to supply four utility boilers, eight heat recovery steam generators and two flue gas steam generators for its upcoming refinery and petrochemicals... 

PPC points to projects progress as profits plummet

By: Megan van Wyngaardt     7th June 2017 South African cement producer PPC on Wednesday reported a 13% decrease in its earnings before interest, taxes, depreciation and amortisation (Ebitda), to R2.1-billion, paired with a 93% plummet in its headline earnings a share, to 7c apiece for the year ended March 31. The JSE-listed company... 

PPC expects lower FY earnings

By: Natasha Odendaal     2nd June 2017 JSE-listed PPC expects to report lower earnings for the financial year ended March 31, when compared with the pro forma financial results for the 12 months ended March 31, 2016. The cementmaker, which changed its financial year from September to March and adjusted its reporting to align with... 

Truck model previously imported from India now being assembled in East London

By: Irma Venter     2nd June 2017 Daimler Trucks & Buses Southern Africa (DT&B SA), a member of Mercedes-Benz South Africa (MBSA), has started local assembly of the FA 9-137 truck at MBSA’s East London plant. The truck was previously imported from India as a fully built-up unit. 

PE composites cluster investigates basalt, kenaf potential 

By: Irma Venter     26th May 2017 Nelson Mandela Bay Composites Cluster MD Andy Radford says the cluster has mapped the value chain for the production and application of basalt in composites. He says the cluster is at an advanced stage of securing local and global beneficiators and buyers for the mineral for use in composite... 

Australian Bauxite gets more Bald Hill orders

By: Esmarie Swanepoel     25th May 2017 ASX-listed Australian Bauxite has flagged interest from new customers, with the company telling shareholders it had received a letter of intent for a ‘significant shipment’ of cement grade bauxite from its Bald Hill bauxite mine, in Tasmania. The company was now in discussions with the customer... 

Company offers process solutions for valve systems

     19th May 2017 It is often the tiny inconspicuous details that determine human and environmental safety as well as the operating costs incurred and the process yield, says global valves, automation components and piping products manufacturer Gemü, which is why it offers customised process solutions which join... 

Gemgrow declares maiden dividend

By: Megan van Wyngaardt     17th May 2017 Real estate investment trust Gemgrow Properties declared a dividend of 24.85c per A share and 18.15c per B share in its maiden results for the six months ended March 31. Investment property increased from R2.4-billion to R4.3-billion for the six months, attributable to an asset exchange with... 

Iran's mining projects on hold as investors fear new sanctions

By: Bloomberg     15th May 2017 Iran has put on hold “almost all” of its mining agreements with foreign investors as companies from Europe to Asia fear additional sanctions on the Persian Gulf nation’s economy, according to the deputy minister of Iran’s Ministry of Industries, Mines and Trade. Less than $100-million of projects... 

Fuso expands local assembly, looks to double market share

By: Irma Venter     15th May 2017 Daimler Trucks & Buses Southern Africa (DT&B SA), a member of Mercedes-Benz South Africa (MBSA), has started local assembly of the FA 9-137 truck at MBSA’s East London plant. The truck was previously imported from India as a fully built-up unit. 

Cement and concrete affected by faltering construction industry

By: Tasneem Bulbulia     12th May 2017 The construction industry in South Africa – which is tied directly to the state of cement and concrete – is stuttering, but there is scope to improve, says chemicals solutions provider Chryso Southern Africa (Chryso) CEO Norman Seymore. It has been widely reported that the construction industry... 

Ethiopia says it will continue to support cement investments

By: John Muchira     12th May 2017 Ethiopia will continue to offer investors in the cement industry attractive incentives as it seeks to dominate the cement trade in the wider East Africa region. Cement production in the Horn of Africa nation has increased tenfold during the past decade, owing to the entry of new investors... 

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