Cement News tagged under: Ethiopia
Ethiopia to join Africa's big league09 February 2024, Published under Cement NewsNext month, the first phase of an extra 7.5Mta of cement capacity will be commissioned in Ethiopia. Expected to cover more than 50 per cent of national cement demand and bridge the country's demand-supply gap, along with the Melka Jebdu cement plant project, the Lemi cement plant is set to transform Ethiopia's cement sector overnight. Located on a 27ha plot in Lemi Building Materials Industrial Park, 140km north of Addis Ababa in the Amhara region, the Lemi plant project is a part of... |
Lemi National Cement expected to see inauguration in March 202429 November 2023, Published under Cement NewsConstruction of Lemi National Cement Factory in Ethiopia is 70 per cent completed and the plant is expected to be inaugurated in March 2024. Owned by a joint venture of West International Holding, the African business of West China Cement and East African Holding Co, the 8Mta cement plant is being built at Lemi Building Materials Industrial Park, some 150km north of Addis Ababa. The project represents an investment of US$600m. Buzuayehu Adele, chairman of East African Holding Co, announc... |
Derba Cement to expand capacity to 15,000tpd26 June 2023, Published under Cement NewsEthiopia-based Derba Midroc Cement , part of the Midroc Ethiopia plc , plans to expand its cement capacity to double its daily production to 15,000tpd with a new plant in Mughar Valley, Oromia – not far from its existing plant. When completed, the producer will be the largest cement producer in Ethiopia. To implement the project, Derba looks to sign an agreement with China National Building Materials (CNBM) this week. Prior attempts to expand the production capacity in 2017 were const... |
Sinoma signs US$600m industrial agreement with Sino-Ethiopian JV17 April 2023, Published under Cement NewsChina-based Sinoma International Engineering has signed a cooperation agreement with Sino-Ethiopian joint venture, National West Industrial Holding (NWIH) Building Materials Holding Co, to undertake a US$600m investment in an industrial park development project in eastern Ethiopia. Sinoma will undertake the engineering, procurement and construction works of the Melka-Jebdu industrial park development project, which includes a 6000tpd cement plant, along with metal and lime production plant... |
Abyssinia Cement ownership moves to ZayRide founders02 March 2023, Published under Cement NewsThe founders of Ethiopia’s pioneer taxi service, ZayRide, have added Abyssinia Cement to their investment portfolio for ETB600m (US$11.2m), according to Capital Ethiopia. Abyssinia Cement operates a 0.85Mta integrated cement plant at Chanco, 45km north of the capital Addis Ababa in the Oromia region. Habtamu Tadesse, CEO of ZayRide, said that the cement industry was one of the country’s increasingly lucrative businesses and said in terms of running costs, he expects to pay out ETB150m.... |
Ethiopia introduces new cement price regulation19 September 2022, Published under Cement NewsEthiopia has announced a new cement price regulation to tackle the rising cost of cement products in the country. According to the Ethiopian Ministry of Trade and Regional Integration, the factory selling price for a quintal (100kg) of cement will now be between ETB510-683.44 (US$9.50-12.74). Cement factories in Ethiopia were initially asked to make price adjustments but the prices suggested were too high, prompting the ministry to establish a task force to study the production process and ... |
Ethiopian investor plans US$1bn cement plant24 August 2022, Published under Cement NewsWorku Ayetenew, a wealthy Ethiopian investor, wants to build a US$1bn cement plant. Mr Ayetenew is seeking a partner for the new cement factory, while he has already requested to lease 150ha of land for the construction of the plant, which is located around Dejene town, Amhara National Regional State, 230km away from the capital. Six companies have already been shortlisted by the company to pick suppliers for the design, supply, construction, erection and commissioning of the plant. “We hav... |
Dangote Cement's regional volumes fall by 11% in 1H2203 August 2022, Published under Cement NewsDangote Cement 's pan-African volumes reduced by 11 per cent to 4.9Mt from 5.5Mt in the 1H22 due to increased supply chain challenges and maintenance activities. The best-performing markets for the group were Ethiopia, Senegal and Tanzania. Ethiopia is one of the largest markets for Dangote Cement outside of Nigeria. The market remains short of supply as most plants are operating at very low capacity. Ethiopia's total market for cement was appproximately 2.7Mt in the first six mon... |
Ethiopia – today and tomorrow19 July 2022, Published under Cement NewsEthiopian cement demand has been relatively stagnant in recent years as the industry has faced challenges including low purchasing power and production constraints. Increased consumption during the pandemic years has been a silver lining and there is potential for further growth, but the biggest task ahead is keeping output in tune with demand. By Jagdeep Verma, Holtec Consulting Pvt Ltd, India. While the Ethiopian cement market has been relatively stagnant, the future looks more prom... |
Ethiopia prohibits cement plants employing agents to sell cement12 May 2022, Published under Cement NewsThe Ministry of Industry in Ethiopia has directed cement factories to exclude agents from the market network ,and sell the product directly, according to Addis Standard. In a letter dispatched to 10 cement factories, the ministry asked the factories to indicate in a letter the names and number of agents they had excluded. State Trade Minister, Hassen Mohammed, told the news outlet that the ministry is working to shorten the commercial chain, adding that agents were one of the reasons ... |