Cement News tagged under: Liberia
CEMENCO drops its cement prices15 September 2022, Published under Cement NewsLiberia-based CEMENCO has announced a drop in its cement prices. According to the company, the move is in keeping with recent action by the government of Liberia to adjust petroleum prices in the country. Effective from 13 September 2022, the new prices will be US$7.50 for CEM II/B-M 32.5R, US$8.10 for CEM II/B-M 42.5R, and US$9.50 for CEM II 52.5R. CEMENCO has said that a second price reduction may take place on 1 October this year. Last week Liberia’s Ministry of Commerce announced a... |
Fouta Cement prepares to launch new grinding mill in Liberia14 June 2022, Published under Cement NewsFouta Cement Corp, the subsidiary of Fouta Corp, a trading company based in Liberia, is establishing a 0.396Mta grinding plant in Monrovia. The project is financed partially via an IFC loan totalling US$21.6m. The facility is being constructed on a 10.5 acre site in Monrovia Industrial Park, under a 20-year lease from the National Ports Authority. The grinding plant will be equipped with a 50tph mill and will receive clinker by trucks loaded from vessels at a designated berth in the Por... |
Cemenco completes plant upgrades worth US$14m17 January 2020, Published under Cement NewsLiberia's Cemenco (HeidelbergCement) has commissioned new upgrades worth US$14m at its grinding plant in Monrovia. Following the works, the company’s roller press can now produce 700,000tpa, representing a 30 per cent increase. A new silo with a capacity of 2000t and a bulk cement loading point has also been put into operation. Other additions include a shrink-wrap palletiser, a second bagging line and four Eco Hoppers for unloading at the port. |
New Liberian project proposed to NIC19 September 2019, Published under Cement NewsCapital Link Corp has proposed a new Liberian cement plant project to the country’s National Investment Commission (NIC). Moullela Gray, chair of NIC, has disclosed to the Senate Committee on Concession and Investment that the country stands to benefit from US$35m during 15 years of operation. Mr Gray also noted that the company is in discussion with Guinea to finalise an implementation agreement for the transhipment of iron ore through Liberia and that the proposed plant for Buchanan woul... |
Star Cement receives approval for 0.6Mta Liberian project12 August 2019, Published under Cement NewsStar Cement has received approval from the Liberian government to construct a 0.6Mta plant in Monrovia at an estimated investment of US$41m. Following commissioning, the price of cement is expected to drop in the domestic market and assist a boom in the construction industry, according to a company press release. Operations are anticipated to begin within the next 12-18 months, at which time the company will begin the sale of shares. Elsewhere, Star Cement is reportedly trying to ensur... |
Cemenco rewards distributors at awards night28 June 2019, Published under Cement NewsCemenco has rewarded its distributors in Liberia at an awards ceremony held in Freeport, Monrovia. The ceremony included awards for 20 distributors for their performance in 2018, with silver, gold and platinum categories. Cemencon is currently supporting President George Manneh Weah's Pro-Poor Agenda for Development and Prosperity in Liberia project. The company operates a 0.45Mta grinding plant out of Freeport, Liberia. |
Dangote Cement26 June 2017, Published under Cement NewsProduction is due to start at Dangote’s new 1.5Mta cement grinding plant in Bouansa, Republic of Congo, this month, according to the company. The US$300m facility will take the country’s total cement production capacity to 2.55Mta along with Cimaf (0.5Mta), Sonocc (0.25Mta) and Forspal (0.3Mta). The works will also boost Dangote’s capacity across Africa to more than 40Mta. Construction is currently underway on a new 3Mta grinding plant in Côte d'Ivoire and two new plants have been announc... |
Dangote Cement26 January 2016, Published under Cement NewsDangote Cement has reaffirmed its commitment to invest in a new cement works in Zimbabwe. Work on the planned 1.5Mta integrated plant will reportedly begin this year at a cost of around US$400m. This follows the formation of Dangote Cement Zimbabwe in September last year. The precise location of the plant is yet to be confirmed. Concerns were raised late last year when Zimbabwe was left off a list of countries the company was intending to invest in during an interview with Reuters. This l... |
HeidelbergCement expands its capacity in Liberia01 July 2013, Published under Cement NewsHeidelbergCement has successfully commissioned a new cement mill at its cement grinding plant in Monrovia, the capital city of Liberia. The investment in the new mill, which has a capacity of 0.5Mta, amounted to US$14m. The Liberian subsidiary Cemenco is the only cement producer in Liberia and has a strong market position. The company is part of HeidelbergCement’s network of cement grinding facilities on the West African coast supporting the Group’s regional strategic presence. “The co... |
Liberia: implications of rice, cement tariff reduction10 January 2013, Published under Cement NewsOn 4th January 2013, Ellen Johnson Sirleaf, president, issued executive orders Nos 45 and 46 with immediate effect suspending tariffs on rice and cement. The intention is to ensure a simultaneous reduction in the market price of rice and cement. In the interest of national reconstruction and development the government decided to re-instituting the suspension of the protective tariff on cement by wavering the US$2 protective tariff. It also aims at encouraging the establishment of local in... |