Cement News tagged under: Africa

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Sephaku Holdings posts net profit after tax of ZAR26.7m

15 November 2022, Published under Cement News

Sephaku Holdings (Dangote Group) has posted net profit after tax of ZAR26.7m (US$1.54m) for the six months ended 30 September, building on the net profit after tax of ZAR17.8m it posted in the prior comparable six months. CEO Neil Crafford-Lazarus said SepCem has been suffering from decreased demand for building materials and especially bagged cement for close to a year. The subsidiary’s sales revenue declined to ZAR1.16bn, compared with ZAR1.19bn in the prior comparable period. The ...

East African Portland Cement launches Green Triangle Cement

02 November 2022, Published under Cement News

East African Portland Cement Plc (EAP) has launched a new product named Green Triangle Cement that is aimed at minimising the cement manufacturer’s carbon emissions.  Green Triangle Cement has already received the go ahead from the Kenya Bureau of Standards under the strength standardisation category of 22.5 even though the company has boosted its strength to over 27 to enable its application in a wider variety of construction projects. The new product aims at providing an alternativ...

Lafarge Cement Zimbabwe expects to double cement production volumes in 2023

01 November 2022, Published under Cement News

Lafarge Cement Zimbabwe is planning to double its cement production volumes in 2023 following the expected 4Q22 startup of its new vertical roller mill. “The commissioning process of the VCM [vertical cement mill] started in the 2Q22. The company will essentially double its cement production capacity and improve raw material availability to the new dry mortar plant,” said Chairman Kumbirai Katsande. “The new VCM is anticipated to be fully operational by the 4Q22,” added Mr Katsande. ...

BUA Cement 's revenue rises by 41% in 9M22

31 October 2022, Published under Cement News

BUA Cement ’s revenue in 9M22 increased by 40.5 per cent to NGN262.6bn (US$5.99m) from NGN186.9bn as at 9M21. Operating profit increases by 31.1 per cent to NGN99.2bn from NGN75.7bn as at 9M21. Profit before tax increased by 19.5 per cent to NGN88.8bn from NGN74.3bn as at 9M21. 

Ibeto Cement reopening could provide jobs for Igbo people

20 October 2022, Published under Cement News

While Dangote Cement 's Obajana plant has caused alarm at the manner and violence of its sudden closure, the long-term closed plant of Ibeto Cement still holds the potential for thousands of jobs for the Igbo people in the southeast. Iyke Uzukwu, a Nnewi-based analyst, wants the federal government to reopen the cement plant to release these jobs. Mr Uzukwu has called on the leadership of the Ohaneze Ndigbo group, which represents the Igbo people, to add its voice to the issue of the Ibet...

Cemtech Middle East & Africa 2023

19 October 2022, Published under Cement News

Cemtech Middle East & Africa 2023 conference and exhibition will take place at the Grand Hyatt Dubai on 12-15 February 2023. Manufacturing Excellence | Circular Economy | Decarbonisation Cemtech returns to the international hub and desert metropolis of Dubai, UAE, for the next edition of the Middle East & Africa conference and exhibition. Fully refreshed, sponsored by the AUCBM and supported by our partners, A 3 &Co.®, this event promises to be unmissable for all cement ind...

Dangote responds to Obajana plant closure

10 October 2022, Published under Cement News

Dangote Cement Plc wishes to enlighten stakeholders and the public on the recent shutdown at its Obajana Cement plant in Kogi State. Dangote Cement said, "thugs and local vigilantes from the State Government invaded and sealed the Obajana Cement plant [last Wednesday] over alleged claims of unpaid taxes and Kogi State Government purported equity interest in Dangote Cement PLC. This development led to several of our staff being harmed by these thugs and local vigilantes." Dango...

Dangote's Obajana cement factory closed off

06 October 2022, Published under Cement News

Dangote Cement's Obajana cement factory in Kogi state, Nigeria, has been sealed off by Kogi State Internal Revenue Service (KGIRS). The plant has been closed off because KGIRS is investigating the company over tax evasion and acquisition controversy, according to Politics Nigeria. In explaining the action, Kingsley Fanwo, the Kogi State Commissioner for Information, said: “Pursuant to the Constitutional authorities of the Kogi State House of Assembly, and upon petition by the people of...

Dangote revives plans to open Kenyan factories

26 September 2022, Published under Cement News

While attending the inauguration of Kenya’s fifth President Dr William Ruto, Aliko Dangote revealed that he wants to revive plans for two new cement plants for Dangote Group in Kenya. The two cement plants would have a combined capacity of 1.5Mta. Earlier in 2017, Aliko Dangote registered two companies, Dangote Cement and Dangote Quarries Kenya Ltd, in Kenya with operations in Nairobi and Mombasa. Dangote has 90 per cent share owership in these companies with 10 per cent held by local s...

Votorantim Cimentos Maroc signs JV for industrial waste pre-treatment platform

23 September 2022, Published under Cement News

Votorantim Cimentos Maroc and Veolia Group have signed a joint venture shareholding agreement for the implementation of an industrial waste pre-treatment platform.    This action is part of Votorantim Cimentos Maroc’s efforts to decarbonise the sector, aligned with United Nations commitments that align with the objectives of the Paris Agreement.  This platform will allow the African cement producer to reduce energy-related CO 2 emissions by maximising the recovery and co-treatment of ...