Cement News tagged under: Africa
Bamburi Cement full-year profit rises03 May 2022, Published under Cement NewsBamburi Cement Group reported a pre-tax profit of KES2.2bn (US$19m) in 2021, representing a 22.3 per cent YoY increase from KES1.8bn in 2020. The advance comes on the back of improved volumes and prices coupled with cost management, and also reflects continued economic recovery from impact of the COVID-19 pandemic. Group turnover increased by 19 per cent from KES34.9bn to KES41.4bn, attributed to growth in retail and key account segment in both Kenya and Uganda. Operating Profit rose b... |
PPC Cement Zimbabwe announces solar investment03 May 2022, Published under Cement NewsPPC Cement Zimbabwe has announced a US$40m solar power investment for its Bulawayo and Colleen Bawn plants to support the company’s energy requirements and help reduce gas supply in the country. The planned projects are expected to have a combined output of 30MW, ow which 17MW will be for internal consumption and the excess to be fed to the national grid, according to a report in the Chronicle. The Bulawayo facility will set up a 10MW plant (set to over over 22ha of land), with 5MW plan... |
Cemex reports 1Q22 net sales increase of 13%29 April 2022, Published under Cement NewsCemex announced its first quarter of 2022 results, with consolidated net sales and EBITDA growing YoY by 13 and three per cent, respectively, despite a challenging cost environment. The growth was led by a 12 per cent increase in cement prices in LfL terms, eight per cent in ready-mix, and seven per cent in aggregates, with all regions contributing to pricing gains. Cemex continued to enjoy strong demand dynamics, with cement and ready-mix volumes growing high single to double-digits... |
AfriSam supplies N3 highway construction13 April 2022, Published under Cement NewsWork is proceeding apace on the N3, one of South Africa’s most vital arterial highways, between Durban and Pietermaritzburg. Road upgrades, including extensive bridge work, are being conducted by Raubex Construction between Dardanellas and Lynnfield Park with cement, aggregate and ready-mix supplied by AfriSam . Since April 2021, JSE-listed Raubex Construction has been active on a 4km stretch from Dardanellas to Lynnfield Park. The project is a major overhaul of the road surface, wit... |
AfriSam supplies new border crossing project23 March 2022, Published under Cement NewsAfriSam has supplied some 7000t of its High Strength R42.5 Cement from its Roodepoort plant near Johannesburg for a new border control post between South Africa and Zimbabwe at Beitbridge. The cement for the project's 125,000m 2 of roads and parking area which is being shipped in from AfriSam’s Roodepoort cement plant. AfriSam will have delivered around 10,000t of bulk cement by the time work is completed – delivered in 34t tankers. Adele Wentzel, AfriSam's sales manager manufact... |
El Nahda Cement and ASEC extend technical management contract15 March 2022, Published under Cement NewsThe contract between El Nahda Industries ( El Nahda Cement) and The Swiss Arab Engineering Company (ASEC) has been renewed and the cooperation between the two companies will continue for another year until 31 March 2023. ASEC has been technically managing The Renaissance Cement factory since 2011. The renewal of the contract was signed by Ahmed Shrien Karim, CEO and managing director of El Nahda, and Ashraf Al-Kahwa, CEO and managing director of ASEC, and the signing was attended by a n... |
Dangote Cement's pan-African sales rise 9% in 202104 March 2022, Published under Cement NewsDangote Cement Group 's total pan-African volume represents 37 per cent of group volumes. Sales volumes across its African operations were 10.9Mt in 2021, up 8.7 per cent. Pan-African revenues of NGN397.3bn (US$955.1m) were 24.7 per cent higher than in 2020 and represented 29 per cent of total group revenue. The region achieved a record-high EBITDA of NGN88.8bn. Cameroon The Douala plant in Cameroon sold 1.4Mt of cement in 2021, up three per cent compared to the same period last year. ... |
Dangote Cement reports group revenue of NGN1383.6bn in 202103 March 2022, Published under Cement NewsDangote Cement reported that for the year ended 31 December 2021, group revenue reached NGN1383.6bn (US$3.327bn), up 33.8 per cent on 2020. The group recorded a record EBITDA of NGN684.6bn. Pan-African EBITDA totalled NGN88.8bn, a rise of 24.6 per cent. Net debt reached NGN225.1bn. In total, manufacturing costs increased by 25.8 per cent to NGN551bn from NGN437.9bn in 2020. Materials consumed cost increased by 30 per cent to NGN175.4bn, while fuel and power cost advanced by 34.4 per cent ... |
Egypt sees 151% cement export surge in 202103 March 2022, Published under Cement NewsCement exports from Egypt are up 151 per cent YoY in 2021 to US$456m from US$182m in 2020, according to a recent report by the Export Council for Building Materials, Refractory and Metallurgy Industries. The increase in exports was driven by a higher demand for Egyptian cement, said Medhat Stefanos, chairman of the cement division of the Federation of Egyptian Industries. In addition, domestic producers are focussing on expanding their market to Africa. |
Gebr Pfeiffer commissions Kenyan mill22 February 2022, Published under Cement NewsGebr Pfeiffer has successfully commissioned third line for cement grinding for Mombasa Cement Ltd, Vpingo , Kenya. The project for Tororo Cement subsidary Mombasa Cement included the installation of a Gebr Pfeiffer vertical roller mill MVR3750C-4. The original order was placed in July 2019 . |