Cement News tagged under: Africa
Simba Cement expands operations in Uganda03 September 2024, Published under Cement NewsSimba Cement is making significant strides in Uganda ’s construction industry by providing high-quality cement at competitive prices. With the expansion of the company’s operations, including the establishment of the largest clinker manufacturing plant in West Pokot, Kenya , the company is positioning itself as a major force in the country’s construction market. This new clinker plant will enhance the logistical efficiency and reduce costs of operating in the region, enabling Simba to offe... |
BUA's pricing strategy comes sunder scrutiny amid Nigerian housing deficit02 September 2024, Published under Cement NewsBUA Cement ’s pricing strategy has come under scrutiny as part of the ongoing debate over high cement prices in Nigeria. Abdul Sam Rabiu, chairman of BUA Cement, addressed the issue at the company’s 8th annual general meeting in Abuja, Nigeria. He attributed the escalating cement prices to middlemen, who have been selling cement at bag prices far above the intended NGN3500 (US$2.19), with some selling for as much as NGN8000. Mr Rabiu noted, “We were selling cement at NGN3500 with the ... |
Savannah Clinker Ltd outbids Amsons Group to acquire Bamburi Cement29 August 2024, Published under Cement NewsSavannah Clinker Ltd (SCL), a Kenya-based construction materials company, has outbid Amsons Group to acquire full ownership of Bamburi Cement . On 28 August SCL announced that it had bid TZS25.4bn (US$9.36m) for up to 100 per cent of the issued ordinary shares in the cement producer. Prior to this offer, Tanzanian conglomerate Amsons Group had led the bidding with an offer of TZS23bn. If the deal goes through, SCL will purchase 362.96m of Bamburi-issued shares at a value of TZS70 each... |
Local dam to be unaffected by new cement plant28 August 2024, Published under Cement NewsThe Zimbabwe National Water Authority (ZIMWA) has needed to dispel concerns over the establishment of a new US$1bn cement plant in Magunje, Zimbabwe would pollute the nearby Kemureza Dam. Labenmom Investments (Pty) Ltd and West International Holdings of China aim to build the plant and have been undergoing an Environmental Impact Assessment. The Hurungwe/Magunje cement project forms part of President Mnagawa’s Vision 2030 programme for national development. The opposition to the cement plan... |
Cimpor starts Kribi calcined clay plant27 August 2024, Published under Cement NewsCimpor has launched its new plant in Kribi , Cameroon. Equipped with a production line for calcined clay based on the entrained flow process (flash activation), developed and built by thyssenkrupp Polysius, the plant produced its first activated clay in October last year. With the Polysius ® activated clay technology, CO 2 emissions can be reduced by up to 70 per cent compared to conventional cement clinker production. Leo Fit, Product Manager for Polysius ® activated clay, emphasi... |
Africa is the golden ticket for Chinese cement producers23 August 2024, Published under Cement NewsThis week the South China Morning Post pointed out that Chinese cement companies are keen to explore further market opportunities for expansion in Africa's growing cement markets. The lack of cement demand and falling cement prices in China is putting pressure on Chinese cement producers to look for higher margins abroad. Cement prices declined to CNY292/t (US$41/t) in 2023 in China, well below the CNY813/t produced by many African cement plants, claims the South China Morning Post. It is... |
Mangesh Verma appointed as CEO of Cimerwa20 August 2024, Published under Cement NewsCimerwa Plc, Rwanda’s largest cement producer, has announced the appointment of Mangesh Verma as its new CEO. Mr Verma is a former general manager of commercial and operations at Kenya-based milling company, United Millers Ltd. He will succeed James Oduor. |
New 10Mta Nigerian plant set for 2025 start-up13 August 2024, Published under Cement NewsNigeria-based Residence Cement Co plans to establish a cement factory in the Gwana district of Alkaleri Local Government Area of the state in the first quarter of next year. Gwana State Governor, Bala Abdulkadir Mohammed, disclosed that Residence Cement Factory has resolved to invest US$1.5bn in establishing the Gwana cement factory, which would commence in the first quarter 2025. Initial reports in the Society Herald in July 2024 reported that the plant would have a cement capacity of 10Mt... |
Cemengal wins new mill project in Tanzania13 August 2024, Published under Cement NewsSimba Energy Ltd (Simba Group) is in the advanced stages of a groundbreaking partnership with Cemengal P&G. The company is establishing a twin cement grinding mill in the Tanga region of Tanzania. This state-of-the-art facility will have an approximate capacity of 94tph. The primary goal of this initiative is to address the pressing cement shortage affecting both the mainland and the nearby island regions. By enhancing the local production capacity, the company aims to meet the growing de... |
West International Holdings Ltd begins construction of Buikwe cement plant13 August 2024, Published under Cement NewsThe construction of a new UGX730m (US$196,180.8m) cement factory has begun on a 50-acre (20.2ha) plot in the Buikwe district of Uganda. Chinese-owned West International Holdings Ltd will invest UGX730m in Kavule Cell, Buzika ‘B’ Ward, Njeru Municipality, after a similar investment in the Karamoja sub-region, according to Group Director, Ambrose Byona, on 10 August. Mr Byona explained that the reason for establishing the unit in the Moroto District, which is expected to be commissioned ... |