CIMAT to invest in new kiln and grinding plant

CIMAT to invest in new kiln and grinding plant
Published: 28 October 2014

Tagged Under: CIMAT capacity upgrade price Gabon 

Following the strong demand in the Gabon cement market, domestic producer CIMAT will install “a latest-generation kiln with a production capacity between 3600-4000tpd.

The installation will be in line with international European standards, necessary to produce high-quality cement,” said the company in a statement.

The Gabon cement producer is also investing XAF23bn (US$44.5m) in the construction of a new grinding centre and bagging plant in Owendo.

It is expected that the additional production will put a downward pressure on Gabon’s high cement prices, which currently stand at around XAF5000/50kg bag (US$9.66) compared to XAF3500 in neighbouring Cameroon, according to local press reports.