Cement News tagged under: Africa
Nigerian cement volumes climb to record levels for Dangote in 1Q2103 May 2021, Published under Cement NewsDangote Cement's Nigerian operations sold over 4.9Mt, including exports, up 22.2 per cent on the 4Mt sold in 1Q20. This represents the highest quarterly volume sold from the company's Nigerian operations. When looking at the domestic sales alone, our Nigerian operations sold 4.8Mt, up 18.7 per cent YoY. While the company's ex-factory prices have remained stable since the end of 2019, revenues for Dangote’s Nigerian operations increased by 33.7 per cent to NGN239.7bn. In Nigeria, Dango... |
Intercem Engineering wins Cimasso II grinding plant project15 April 2021, Published under Cement NewsIn May 2016 Intercem Engineering's third order out of five with the CimMetal Group’s 2Mta Cimasso grinding plant in Bobo Dioulasso started. The plant was commissioned by the end of 2018 and production started successfully. Due to a growing cement demand, the investor decided to double his capacity and ordered an extension line and an upgrade of the existing line from Intercem which will be integrated on the existing plant called Cimasso II. Cimasso II consits of three truck unloading... |
PPC postpones its ZAR750m rights issue01 April 2021, Published under Cement NewsPPC Ltd, South Africa's biggest cement maker, held off on a planned rights issue of about ZAR750m (US$640m) following a sales boost and advancing talks on the disposal of its lime business. PPC has negotiated with lenders to postpone the share sale for at least six months, said CEO Roland van Wijnen. The group saw double-digit cement-revenue growth in its home market from the middle of last year, enabling it to meet interest payments, he said. PPC will also gain additional clarity o... |
Dangote Cement records strong pan-African cement volumes in FY2025 March 2021, Published under Cement NewsDangote Cement's regional performance in FY20 saw its domestic market of Nigeria return volumes of 15.73Mt, a rise of 11.5 per cent on the 14.11Mt recorded in FY19. Cement and clinker sales in Nigeria rose by 14.3 per cent in FY20. The company saw a strong ‘V-shaped’ recovery in cement demand in Nigeria in the 3Q20 with volumes recorded at 4.29Mt for the quarter and this was relatively sustained with strong 4Q20 volumes of 3.91Mt. Dangote reported decreased market disruptions as a result of... |
LafargeHolcim 4Q20 regional results see net sales of CHF5994m26 February 2021, Published under Cement NewsGroup net sales for the 4Q20 totalled CHF5994m (US$6628m), down 8.1 per cent from CHF6521m in the 4Q19. In the 4Q20 LafargeHolcim recorded cement sales of 51.2Mt, slipping 0.5 per cent from 51.5Mt in the 4Q19. Aggregate sales decreased to 65.8Mt in the 4Q20, down 2.5 per cent from 67.5Mt in the 4Q19. Ready-mix sales reached 11.3Mm 3 in the 4Q20, a decline of 2.4 per cent from 11.6Mm 3 in the 4Q19. The company also reported on its results for the full-year 2020 , which saw a 5.6... |
HeidelbergCement records cement sales of 122Mt in FY2023 February 2021, Published under Cement NewsHeidelbergCement’s preliminary, unaudited figures for the full year 2020 saw the result from current operations before depreciation and amortisation rising by six per cent LfL to a record EUR3.7bn while implementation of the company's COPE action plan led to cash savings of around EUR1.3bn. Despite the decline in sales volumes, group revenue for 2020 decreased by 6.6 per cent to EUR17.6bn (previous year: EUR18.9bn). Dr Dominik von Achten, chairman of the Managing Board of Heidelber... |
Cemex makes key EMEAA investments at the start of 202123 February 2021, Published under Cement NewsCemex has started 2021 by investing for growth and its climate action strategy in Europe, Middle East and Africa (EMEAA). It has made seven bolt-on investments that are aligned to its key priorities of climate action, sustainable construction and EBITDA growth, representing advances in fossil fuel reduction, lower-CO 2 products, circular economy, recycling and products that demonstrate life cycle CO 2 and energy consumption advantages for buildings. The investments include a new, low... |
COVID-19 closes WACEM's Tabligbo plant04 November 2020, Published under Cement NewsThe West African Cement plant (WACEM) has shut down its grinding plant in Togo for two weeks. The 1.8Mta Tabligbo plant has closed to halt the spread of COVID-19. The Ministry of Trade and Industry released an official statement saying: "On October 30, 2020, the national coordinator in charge of the response against COVID-19 informed me about an outbreak at the WACEM, a company located in the free trade zone." The plant is situated 80km from Lomé, in the Yoto prefecture. The lat... |
Algeria exports to Dominican Republic03 November 2020, Published under Cement NewsAlgeria-based Société des Ciments de Aïn El Kebira (SCAEK), part of the GICA Group, has exported 40,000t of clinker to the Dominican Republic, reports L’Expression. GICA has exported some 550,000t of clinker since the start of the year to African and South American countries, including Senegal, Côte d’Ivoire, Guinea, Peru and Brazil, according to GICA. |
National Cement starts supplying Rwandan market02 November 2020, Published under Cement NewsNational Cement of Kenya has introduced its Simba brand into the Rwandan cement market having seen strong demand for infrastructure in the country, including a new airport in Bugesera. The Kenyan producer is supplying cement importers from its recently-opened Nakuru plant, which is approximately 500km from the Rwandan border. "The Rwandan market is one of the fastest growing economies in Africa. Since the government of Rwanda is implementing and supporting several projects, the shor... |