Cement News tagged under: Africa

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BUA Cement records revenue growth of 27% in 2023

01 March 2024, Published under Cement News

BUA Cement reports its full year 2023 audited financial statements and accounts, posting a strong revenue growth of 27.4 per cent to NGN460bn (US$282m) compared to NGN361bn in 2022, resulting from an increasing market share. However, with the devaluation of the naira last June and its continued depreciation, as well as growing inflation, the company faced increasing price pressures which impacted production costs, as these increased by 39.5 per cent to NGN276bn (2022: NGN197.9bn). In ad...

CIMAF lays foundation stone for Mali plant

13 February 2024, Published under Cement News

CIMAF laid the foundation stone for its new Mali factory on 9 February 2024 in Natien, a commune located in the Sikasso region. The Minister of Industry and Trade, Moussa Alassane, was present at the ceremony.     This new unit will have a production capacity of 1Mta of cement, expandable to 2Mta, and will It generate at least 300 direct jobs and 2000 indirect jobs. The completion date has been set at 23 months, with a start-up date of February 2026.

Ciments du Maroc appoints new Director General

05 February 2024, Published under Cement News

Severin Weig has been appointed Director General at Ciments du Maroc ( Heidelberg Materials Group ). Mr Weig is keen to get started on his new role at Ciments du Maroc and already has clear ideas on what needs to be achieved. "I am energised to work with a remarkable team in a captivating country," said Mr Weig. "Introducing evoBuild, our innovative suite of sustainable products, is at the top of the agenda!"

Arabian Cement subsidiary moves a step closer to gaining waste management approval

18 December 2023, Published under Cement News

Evolve, an Arabian Cement Co (ACC) subsidiary, has successfully conducted a public hearing session, marking the initial step in obtaining environmental approvals from the Ministerial State for Environmental Affairs Agency (EEAA) and Waste management Regulation Authority (WMRA) for waste management.   Evolve is the first alternative fuel company affiliated with an Egyptian cement company to secure these approvals, and the milestone was achieved through a comprehensive public hearing on ...

Bamburi Cement to cease producing OPC

13 December 2023, Published under Cement News

Bamburi Cement  ( Tororo Cement ) will cease production of ordinary Portland cement (OPC) within its product line from 1 January 2024, as part of the company’s commitment to decarbonise its operations and provide a greener option of building materials. This landmark commitment, which comes amid the ongoing 2023 United Nations Framework Convention on Climate Change (COP28) in the United Arab Emirates, will accelerate one of its 2030 sustainability targets to have 100 per cent green produc...

South Africa regulator recalls Econo Cement product

13 December 2023, Published under Cement News

South African company Econo Cement has been accused of having a 'sub-standard' product by the National Regulator for Compulsory Specifications (NRCS). The regulator has asked consumers and hardware stores to participate in a nationwide recall of Econo Cement's CEM V/A S-V 32.5 N product after investigations found it failed to meet the minimum requirements of prescribed strength.  CEO of the NRCS, Duncan Mutengwe, said the move was in the public interest to ensure the product does not pose...

Nova Cimangola prepares to launch LC3 production

05 December 2023, Published under Cement News

Nova Cimangola is close to opening its first LC3 project for low carbon cement production in Luanda, Angola. According to the company, Ecosolutions   carried out the studies and IPIAC guaranteed the technology. The project meets the intentions of the Government of Angola and aims to produce environmentally friendly cement or green cement, which incorporates a greater quantity of calcined clay, requires a smaller energy and water consumption, and contributes to the longer conservation of...

PPC sells Cimwera to National Cement Holding Ltd for US$42.5m

20 November 2023, Published under Cement News

PPC Ltd has completed the sale of its 51 per cent stake in Rwandan cement producer Cimerwa to National Cement Holding Ltd for a cash consideration of US$42.5m. The deal is a significant step in PPC's strategic shift to focus on its southern African operations and improve its financial leverage. The share transfer is set to take place seven business days after the necessary conditions are met, including notifications and clearances from the Common Market for eastern and southern Africa (...

Sol Cement to cease trading until it pays 40% of its tax bill

10 November 2023, Published under Cement News

The Ghana Revenue Authority (GRA) has directed Sol Cement in Ghana to settle at least 40 per cent of the company’s outstanding tax debt before it can resume operations. The GRA closed the cement plant two weeks ago due to the company’s defaulting on tax payments of GH7S09m (US$60.6m), including value added tax. Sol Cement has had difficulties in meeting its tax obligation, especially as significant volumes of raw materials are imported forts cement production. “We will allow them to re...

Inauguration of Sokoto plant expansion by January 2024

03 November 2023, Published under Cement News

BUA Cement has revealed its plan to inaugurate its Sokoto plant expansion by January 2024. Abdulsamad Rabiu, the Chairman of BUA Group , made this announcement during his visit to Governor Ahmad Aliyu in Sokoto this week. Mr Rabiu said that the company was diligently working to ensure the new plant, currently under construction in Sokoto state, Nigeria,  would be ready for the inauguration. He informed the governor that during his meeting with President Bola Tinubu in Abuja he ...