Cement News tagged under: Africa
Lafarge Cement Zimbabwe's new mill to be operational by year end16 September 2022, Published under Cement NewsLafarge Cement Zimbabwe Ltd ( Fossil Mines Pvt Ltd ) said it will continue to increase production of its products to meet the demands associated with the growth of the economy, with the targets set in the National Development Strategy 1 usefully giving a strong estimate of the size of the local market each year. This follows approved an initial US$25m investment that will go towards increasing cement and agricultural lime capacity and an automated dry mortar plant for the local company Laf... |
Lafarge Zimbabwe Cement's new mill awaits hand-over14 September 2022, Published under Cement NewsLafarge Zimbabwe has completed the construction of a new mill that will double its cement manufacturing capacity at its Manresa plant , but it cannot use the new grinding system because it owes the supplier US$5.2m, according to the online news service the Insider. The new vertical cement mill is part of a US$25m investment in expansion by Lafarge and will increase capacity from 450,000tpa of cement to 1Mta. But the company that built the US$15m plant, CBMI of China, will only fully h... |
Cement and concrete industry accelerates decarbonisation in Africa05 September 2022, Published under Cement NewsThe Global Cement and Concrete Association (GCCA) and the United Cities and Local Government of Africa (UCLG Africa) have signed a Memorandum of Understanding (MoU) at Africa Climate Week 2002 in Gabon to increase collaboration in decarbonising Africa’s cement and concrete sectors and build sustainable and resilient cities and communities. The MoU was signed by UCLG Africa’s Secretary General, Jean-Pierre Elong-Mbassi, and the GCCA’s Director Concrete and Sustainable Construction, Andrew M... |
BUA Cement looks to finance 6Mta expansion project31 August 2022, Published under Cement NewsBUA Cement is in talks with US-based International Finance Corporation (IFC) to raise funds through a loan to expand its cement facility, the company said in a statement to the Nigerian stock exchange. The funding aims to expand the capacity of the company’s integrated cement plant in Kalambaina, Sokoto , to 8Mta from 2Mta and develop other ancillary utilities. In a recent statement, BUA Cement Chairman, Abdul Samad Rabiu, said that the ongoing projects will be completed in 2023 t... |
East African Portland Cement sells land plots to squatters31 August 2022, Published under Cement NewsEast African Portland Cement (EAPCC) has started a process of selling land parcels to squatters who have been living on its Athi River property. The cement maker has made an offer to the squatters to pay KES100,000 (US$832.6) for a beacon certificate and another KES500,000 within a year to purchase a plot of land measuring 40ft by 80ft (12 x 24m). The cash-strapped firm has commenced the land sale and regularisation process of three parcels measuring 709 acres (287ha). The EAPCC’s sale ... |
Mira SA plans 0.7Mta plant in Cameroon26 August 2022, Published under Cement NewsMira SA will soon launch the construction of an industrial cement plant in the north region of Cameroon. The XAF120bn (US$182.9m) project see the construction of a 0.7Mta clinker production unit. The completion of this project will make Mira SA the second-largest clinker producer in the region, behind Cimencam. In October 2021, the country's Prime Minister, Joseph Ngute, launched the construction of a new Cimencam plant in Figuil. This unit added 0.5Mt of cement to the company’s annu... |
WCA focus on MENA region decarbonisation23 August 2022, Published under Cement NewsThe World Cement Association (WCA) has held its first CEO-exclusive, pre-conference webinar, in which participants concluded that cement producers in the Middle East and North Africa (MENA) can halve carbon emissions with zero or low capital expenditure. The webinar brought together thirty CEOs representing cement-producing companies from Iraq, UAE, Saudi Arabia, Egypt and Turkey among others, ahead of WCA’s annual conference which will be held in Dubai, in September 2022. The CEO’s re... |
Cheetah Cement Botswana to reduce country's cement imports19 August 2022, Published under Cement NewsCheetah Cement Botswana (Pty) Ltd, which includes investment from Chinese backers, has promised to play a crucial role in helping Botswana cut its cement imports to zero. Botswana needs 620,000tpa of cement and the southern African country has been heavily relying on imported cement before the Chinese company was set up, Hui Ming, said the company's general manager. "We are earmarking an annual output of 900,000t of cement as of next June," said Hui Ming. Hui said the company is looki... |
BUA approves dividend and sets 2023 deadline for current expansion projects26 July 2022, Published under Cement NewsBUA Cement Plc shareholders have approved dividends of NGN88.047bn (US$96.3m) for the financial year ended 31 December 2021 at NGN2.60k per ordinary share of 50k each. This approval was given during the company’s 6th Annual General Meeting held in Abuja and comes on the back of a strong financial performance in the year under review, which recorded revenue growth of 22.9 per cent from NGN209.4bn in 2020 to NGN257.3bn in 2021. Profits after tax also rose by 24.5 per cent YoY to NGN90.1bn in... |
Mangal Industries Ltd performs plant groundbreaking ceremony18 July 2022, Published under Cement NewsMangal Industries Ltd has performed the groundbreaking ceremony of a greenfield cement plant in Iluagba, Kogi State, Nigeria. Mangal Industries had signed a US$600m deal with Sinoma International Engineering, of China, for the construction of a 3Mta cement plant and a 50MW captive power plant in Kogi State. Mangal Industries Ltd's Managing Director, Engr Fahad Mangal said shortly after the ceremony that the project is expected to be completed by the end of the 1Q24. According to him... |