Cement News tagged under: Africa
Switched on to Africa02 July 2013, Published under Cement NewsHeidelbergCement will soon complete US$400m worth of investment in its nine cement operations active in the sub-Saharan region, which will see production capacity rise by more than 50 per cent to 10.35Mt by 2014. Going forward, sub-Saharan Africa (SSA) remains a key area for the group, and because of its high growth potential, it is earmarked for further investment by the German major. In this exclusive interview, ICR catches up with Jean-Marc Junon, chief operating officer for HeidelbergCem... |
ACCTA 2013 success leads to a biannual conference06 June 2013, Published under Cement NewsThe first conference on Advances in Cement and Concrete Technology in Africa (ACCTA 2013) was held at the Emperor’s Palace Resort in Johannesburg, South Africa, over 28-30 January 2013. More than 200 scientists and industry representatives from 47 nations, including 20 African countries, attended this three-day conference, paving the way for ACCTA to be developed into a biannual event. Chairman Prof Herbert Uzoegbo (Wits) opens the event on behalf of the organising committee... |
ScanMines-Togo expects first clinker at end 201423 May 2013, Published under Cement NewsScanMines-Togo, a subsidiary of Germany’s HeidelbergCement, expects production at its new works, located on the Sika-Kondji limestone deposit, to start at the end of 2014. The company plans to ramp up clinker production to 5000tpd and build two cement plants in the country. ScanMines-Togo is HeidelbergCement’s second subsidiary in Togo, after Ciments du Togo (Cimtogo). It represents an investment of US$254m. |
Opportunities in new Africa01 May 2013, Published under Cement NewsAfrica is a land of opportunity, rich in potential and certainly the next challenge for many cement producers. The sub-Saharan region is changing rapidly and the race is on to be a part of the growing market. Harpreet Duggal of Binani Cement, and former secretary of the East Africa Cement Producers Association, provides an optimistic overview of this important region. By Harpreet Duggal, Binani Cement, UAE. Lafarge Hima cement works, Uganda Africa is changing and at a very fast ... |
HeidelbergCement expands capacity in Ghana12 March 2013, Published under Cement NewsHeidelbergCement is constructing a new cement mill with an annual capacity of 0.8Mta at its grinding plant in the port city of Takoradi. The investment of US$30m also includes the construction of a new clinker and a new cement silo as well as the installation of new cement bag packing and dispatch facilities. In November 2012, HeidelbergCement inaugurated a new 1Mta cement mill at its grinding plant in Tema some 25km east of the capital city of Accra. “The construction of the new cemen... |
HeidelbergCement builds grinding facility in Burkina Faso06 March 2013, Published under Cement NewsHeidelbergCement is constructing a new US$50m grinding plant in the west African country of Burkina Faso with local partners, the cement major said in a statement today. The new facility, which will have a capacity of 650,000tpa, is to be built near the capital city of Ouagadougou. “The construction of the new cement grinding plant is part of our strategy of expanding our clinker and cement capacities in growth markets. These include, in particular, the countries of sub-Saharan Africa”, s... |
G Power Cement to construct new plant in Cameroon19 February 2013, Published under Cement NewsCameroon is set to see the establishment of a new cement plant as G Power Cement on Friday signed an agreement with the government for an 800,000tpa plant. The privately-held German firm will invest CFA45bn (US$90m) in the new factory which will be situated in the coastal city of Limbe, southwest region Cameroon. Work on the project is expected to begin next month with the laying of the foundation stone, the CEO of G Power Cement, Bernd Stiehl told All Africa press. The plant is expected ... |
Asia and US improvements boost Vicat nine month results06 November 2012, Published under Cement NewsVicat's turnover for the first nine months of the year edged ahead by 0.2 per cent to EUR1731m, but this represents an underlying decline of one per cent. Asian and US improvements made up for French and African volume declines. The gearing level increased to 47.6 per cent at the end of September compared with 43.4 per cent a year earlier and 40.6 per cent two years ago, with the expansion in Asia being the principal reason for the increase in debt levels. Turnover in cement was 0.7 per... |
Dangote sets sights beyond Africa24 September 2012, Published under Cement NewsDangote Cement is expanding out of Africa. While its chairman Aliko Dangote remains firmly committed to the continent and its 40Mta production capacity owned by the company, he has set his sights beyond its borders – starting with Iraq and Myanmar, where plant construction could start as early as next year. When asked why he is investing specifically in those locations, he gives the example of Myanmar. As the country opens up, the opportunity is currently there to invest but may disappear at... |
Iberian impairments push Cimpor into a loss31 August 2012, Published under Cement NewsCimpor’s first half turnover declined by 5.5 per cent to €1086.8m, as the deterioration in Spain, Portugal and China could not be compensated for by improvements elsewhere. EBITDA was down by 15.3 per cent to €267.4m. The deterioration on the Iberian peninsula led to provisions of €270m being taken in respect of the Spanish assets and a further €20m against the downstream assets in Portugal, giving a total value adjustment charge of €407.2m compared with €117m. This led to a trading loss ... |