Cement News tagged under: Africa
Vietnamese producer targets new export markets04 June 2015, Published under Cement NewsLa Hien Cement JSC, a subsidiary of the Vietnam National Coal Mineral Industries Group (Vinacomin), is seeking new export markets in Asia and Africa, an executive of the company said. According to Nguyen Van Dung, Director of the La Hien JSC, the company will seek new markets while securing its traditional markets including Thai Nguyen, Bac Kan and Lang Son provinces, the Vietnam News Agency reported. The company aims to ship its clinker to Bangladesh, the Philippines and a number of natio... |
Dangote begins trial operations at new Ethiopian plant03 June 2015, Published under Cement NewsDangote Cement Plc began trial production of cement last week at its 2.5Mta cement works in Ethiopia, AllAfrica press reported. The milestone of kiln ignition was achieved in April 2015. The plant is connected to grid electricity and stockpiles of limestone have been built up from the quarry, 4km away. Dangote Cement has been building its logistical and marketing capabilities in advance of commercial sales. According to local news reports, the company has already imported 1.2m packaging... |
Ashaka 1Q pretax profit down 59%, Nigeria13 May 2015, Published under Cement NewsNigeria's Ashaka Cement first-quarter pretax profit fell 58.8 per cent to NGN1.16bn (US$5.8m) from a year ago, the company said on Monday. The decline was partly attributed to a fall in sales and a contraction in gross margin. Revenue fell to NGN4.56bn during the three months to end-March, down from NGN6.5bn in the previous year, the local unit of Lafarge Cement said in a stock exchange filing. |
FLSmidth reaches agreement to exit O&M contracts in Nigeria07 May 2015, Published under Cement NewsIn November 2013 FLSmidth signed a number of contracts with the Nigerian cement producer Dangote Cement PLC for operation and maintenance of production lines at their Ibese and Obajana cement plants in Nigeria for a period of five years. Due to changed market conditions, Dangote Cement and FLSmidth have reached an agreement to end the operation and maintenance collaboration on the two plants, the Danish equipment supplier said in a statement yesterday. The discontinuation of the O&M contra... |
Ethiopia: government drafts development strategy22 April 2015, Published under Cement NewsEthiopia’s Ministry of Industry is drafting a national cement industry development strategy that will enable it to overcome challenges and assist fast growth of the industry. State minister of Industry, Mebrahtu Meles (PhD), told The Reporter that his ministry in collaboration with the Adama Science and Technology University started drafting the national cement industry development strategy last July. Mebrahtu said the cement industry is facing several challenges including high productio... |
Savanna Diamond Cement launches new Ghana plant14 April 2015, Published under Cement NewsSavanna Diamond Cement Co Ltd (SDCL) launched operations of its 0.44Mta cement factory in Buipe, in the northern region of Ghana. The new US$90m project was officially inaugurated by President John Mahama of Ghana. SDCL's new 0.44Mta integrated factory is officially launched in the presence of President John Mahama of Ghana. (Picture source: Flickr) The SDCL plant is a fully integrated process, using limestone mined in Buipe. It is served through a partnership with GRIDCo b... |
Ashaka Cement pretax profit rises 84.5%01 April 2015, Published under Cement NewsNigeria's Ashaka Cement 2014 pretax profit rose 84.5 per cent to NGN5.25bn (US$26m) from year ago, the company said on Tuesday. Revenue declined by 2.58 per cent during the period to NGN21.13bn, the unit of Lafarge Africa said in a statement. |
Dangote commences operations in Senegal, Cameroon30 March 2015, Published under Cement NewsDangote Cement has commenced operations at new cement facilities in Senegal and Cameroon, which form part of the company's plans to become a pan-African enterprise. The new Senegalese plant, located in Pout district, about 75km from Dakar, the country’s capital, has a total production capacity of 1.5Mta. With the new plant, the company hopes to improve the country’s cement production capacity with an additional 1.5Mta while serving an export market demand of 2Mt along the Mali ax... |
HeidelbergCement inaugurates Scantogo clinker plant, Togo12 March 2015, Published under Cement NewsHeidelbergCement inaugurated the 1.5Mta new greenfield Scantogo clinker plant in Togo on 6 March 2015. The new US$250m plant is located at Tabligbo, some 80km north east of the capital city Lomé. More than 2000 guests attended the ceremony, among them the president of the Republic of Togo, the president of the National Assembly and the German ambassador in Togo. With the Scantogo investment, HeidelbergCement has become the largest German foreign investor in Togo. The new US$250m gre... |
Vicat shows good profit growth in the USA, India and Africa11 March 2015, Published under Cement NewsVicat’s turnover increased by six per cent in 2014 to EUR2422.7m and the EBITDA emerged 3.6 per cent ahead at EUR442m, while at unchanged parameters the increases would have been eight and seven per cent respectively. The trading profit rose by 12.3 per cent to EUR263.1m.The net financial charge was 8.2 per cent higher at EUR47.6m and after a slightly higher contribution from associates the pre-tax profit improved by 12.5 per cent to EUR203m. After a lower effective tax charge of 29.3 per... |