Cement News tagged under: Africa
Soaring freight rates prompt cement sector reaction29 October 2021, Published under Cement NewsThis week, we are taking a look at the rising costs of dry bulk freight and the resulting impact on the cement industry. Earlier this month, the Baltic Dry Index, a global indicator of bulk freight rates, reached 5670 , marking its highest level since September 2008. Dry bulk rates on the whole have been steadily rising with spot rates for large dry cargo ships, such as Capesize, topping US$80,000 a day in the opening week of October – up 50 per cent in just two weeks. Much of the ri... |
Kenyan sees record cement consumption in July27 October 2021, Published under Cement NewsKenya’s cement consumption grew to 726,823t in July, the highest in the last decade records the Kenyan National Bureau of Statistics. The record demand is linked to several ongoing mega infrastructure projects such as, the Nairobi Expressway, Dogo Kundu Bypass, James Gichuru-Rironi highway, Nairobi Western Bypass and dam construction. |
Figuil plant to be expanded by 0.5Mta18 October 2021, Published under Cement NewsCameroonian Prime Minister, Joseph Dion Nguté, laid the first stone of the new 0.5Mta production line of Cimenteries du Cameroun (Cimencam) in Figuil, in the northern part of the country, last week. Cimencam (Holcim group) has invested around CFAF50bn (US$88.3m) in the project. The new production unit is expected to be ready for commissioning in 24 months, at the end of 2023. It will expand the current cement capacity of 0.15Mta at the 40 year-old plant and provide more than 900 direct... |
Regional chief president calls for new Ghanaian cement factory11 October 2021, Published under Cement NewsThe President of the North East Regional House of Chiefs, Nayiri Naa Bohagu Abdulai Sheriga, has appealed to Ghana's government to establish a cement factory in the area to create employment and promote the local economy. According to the Nayiri, who is also the overlord of the Mamprugu Traditional Area, the huge limestone deposits in the area present the opportunity to develop an industry that would help in raising the standard of living of the people and benefit Ghanaians in general.... |
Ghana cement factory needs US$4m to be resurrected29 September 2021, Published under Cement NewsThe pozzolana cement factory established by the Building and Road Research Institute of the Council for Scientific and Industrial Research (CSIR-BRRI), and abandoned earlier this year because of a lack of investment, requires US$4m to be resurrected, said CSIR-BRRI Director, Dr Daniel Asenso-Gyembibi. Situated in Gomoa Mprumem in the central region, the CSIR-BRRI plant requires revamping for commercial cement production but has failed to attract investment despite the CSR-BRRI having al... |
AfriSam's Centre for Product Excellence reduces carbon footprint21 September 2021, Published under Cement NewsAfriSam’s Centre for Product Excellence (CPE) is crucial to supporting customers in their quest for a low carbon future, according to the South Africa-based cement producer. The CPE is instrumental in pursuing environmental issues related to cement and concrete use, particularly for large projects where stakeholders prioritise the carbon footprint of the materials used. According to CPE Manager, Mike McDonald, AfriSam’s CPE, based in Roodepoort, Gauteng, is aiding AfriSam’s progress in... |
Devki Group to switch to self-power generation by 202308 September 2021, Published under Cement NewsDevki Group is planning to generate its own power by 2023 as the high cost of power is seen by the company as the biggest threat to Kenya’s manufacturing sector. Narendra Raval, Devki Group founder, said the decision to self-generate the company’s own power became clearer after Kenya Power demanded KES2.8bn (US$24.4m) to connect electricity to the Emali clinker factory. The company will start with a 64MW power plant in the Pokot region as it commences construction on on the Pokot cemen... |
Fears Ghana's cement price will climb above GHS60/bag02 September 2021, Published under Cement NewsGhana's cement price is likely to continue rising and could surpass GHS60/bag (US$9.94) by the end of the year if some taxes and levies are not scrapped, say cement producers. In the last seven months cement prices in the country have risen three times, amounting to a 27 per cent rise and pushing retail prices to GHS50/bag.Manufacturers have had no choice but to absorb a lot of the costs to keep cement prices at their current level. Raw material prices continue to rise and the scarc... |
AfriSam innovates its products to respond to climate change01 September 2021, Published under Cement NewsAfriSam is ensuring its cements are fit for purpose while reducing its environmental footprint and responding to climate change in South Africa. The drive for quality is closely linked to being fit-for-purpose, says Richard Tomes, sales and marketing executive at construction materials leader AfriSam, by ensuring that a range of cements is available for defined applications. Therefore, AfriSam has contributed to water savings by developing cements that consume less water when mixed ... |
Votorantim Cimentos sees regional sales pick-up in 2Q2112 August 2021, Published under Cement NewsVotorantim Cimentos recorded strong sales in all operating regions in the 2Q21. Price rises and reduced restrictions from the pandemic aided beter results than in the same period last year. In Brazil Votorantim Cimentos recorded a net revenue of BRL2565m (US$494.2m) in the 2Q21, up 46 per cent from BRL1760 in the 2Q20. Adjusted EBITDA grew by 167 per cent in 2Q21 in Brazil at BRL659m compared to BRL247m in the 2Q20. "Brazil has seen 30 per cent increase in cement demand YoY,” said Osvald... |