Cement News tagged under: Africa
Africa’s 2022 trading outlook14 February 2022, Published under Cement NewsAs the African cement sector begins to adjust to a post-pandemic climate, Harpreet Duggal, CEO of trading company Black Rock Cement, UAE, and former CEO of Dangote Cement Tanzania, shares his expert opinion on the outlook for cement trade in the region in 2022. Harpreet Duggal, CEO Black Rock Cement ICR: Could you provide a brief overview of Black Rock Cement’s operations and the global markets it supplies with cement, clinker and raw materials? Harpreet Duggal (HD): Black R... |
Opportunity for EAPC in DR Congo04 February 2022, Published under Cement NewsThis week East African Portland Cement's (EAPC) Managing Director, Oliver M Kirubai, outlined the company's ambition to grow its cement business in the Democratic Republic of Congo (DRC). The pull of infrastructure projects and low installed capacity in DRC has not gone unnoticed by large regional cement producers as well as Chinese investors. China has a historic vested interest in the DRC and struck several deals with former President Joseph Kabila, who held power from 2001-19, includin... |
Bamburi Cement orders two solar power plants04 February 2022, Published under Cement NewsBamburi Cement PLC (Holcim group) has signed a power purchase agreement (PPA) with Momnai Energy Ltd to set up two solar plants adjacent to the company's Mombasa cement plant and Nairobi grinding plant in Kenya. The project, which aims to save on power costs as well as contribute to net zero carbon emissions by switching to renewable energy, is set to deploy solar power systems with a total capacity of 14.5MW and 5MW for Bamburi's Mombasa plant and Nairobi (Athi River) grinding plan... |
AfriSam executive calls for responsible cement manufacture01 February 2022, Published under Cement NewsHannes Meyer, cementitious executive at leading cement producer AfriSam, calls for improved an circular economy, responsible manufacturing practices and a level playing field for South African cement producers on carbon emissions. “To produce this valuable resource, we must start with mining our own deposits. We then process the ingredients through complex technologies that demand considerable financial investment and expertise,” he says. The range of products that result must form ... |
East African Cement Co looks to DR Congo for increased cement sales31 January 2022, Published under Cement NewsEast African Portland Cement Co (EAPCC) is looking to target cement sales in the Democratic Republic of Congo (DRC). “In the past 10 years, EAPCC has been missing from the infrastructural agenda due to competition among other challenges. Now we have come up with a five year strategic plan as we want to revamp our operations,” said Oliver M Kirubai, managing director at the EAPCC. “We are targeting the East African market, including the DRC. We are getting inquiries from Rwanda as well.” ... |
COCMAG calls on Ghana's government to cancel imported clinker Fumigation Levy21 January 2022, Published under Cement NewsThe Chamber of Cement Manufacturers, Ghana (COCMAG) said the Fumigation Levy charged on imported clinker is having serious financial toll on cement production companies in the country and pushing cement production costs up. The Executive Secretary of COCMAG, Reverend Dr George Dawson-Ahmoah, who expressed the concern in an interaction with the media, said the local cement manufacturers were working frantically to avert the high cost of production to help reduce or maintain the price of ... |
Savannah Cement seeks KES40bn to fund new clinker plant20 January 2022, Published under Cement NewsSavannah Cement , Kenya, wants to raise KES39.7bn (US$350m) via a bond on the London Stock Exchange to build a clinker production plant. The firm has been relying on imported clinker to meet cement demand. Savannah Cement Chief Executive Samson Shivina said that the firm expects the plant to be completed by mid-2024. "This is entirely being financed by a bond on the London Stock Exchange because locally, we may not find banks who are going to finance such size of the project unless it... |
Carthage Cement turnover rises by 29 per cent in 202120 January 2022, Published under Cement NewsCarthage Cement , Tunisia, finished 2021 with a total turnover of TND325m (US$112.9m), up 29 per cent compared to 2020 and 30 per cent compared to 2019. This performance helped Carthage Cement to keep its leading position on the local market by achieving a 14 per cent rise in the local market share of revenues compared to 2020. A strong recovery was also recorded for exports of cement and clinker, where the turnover was quadrupled from TND8.936m in 2020 to TND47.650m in 2021, a 4... |
Hima Cement suspends operation after fire kills three17 January 2022, Published under Cement NewsOperations at the Hima Cement factory (Holcim group) in Kasese district in western Uganda have been suspended following a fire that broke out at the premises on Saturday afternoon and left three staff members dead. Eight others were rushed to hospital in critical condition. "Our operations at the Hima plant have been stopped as we take stock of this incident and to ensure that the fire is fully contained. The health and safety of our employees and all stakeholders remains our number one p... |
Savannah Cement has overcome its clinker shortage difficulties07 January 2022, Published under Cement NewsSavannah Cement managers have denied that the company is facing financial problems, saying a shortage of clinker had slowed down production for the Kenyan cement producer in the 3Q21. In an exclusive interview with Nation Africa, Mr Shivina said the company is financially stable. He said the company relies on imported clinker for cement production, but supply was disrupted in 2021 due to a shortage of vessels as the global economy suffered from a COVID-19-related supply chain backlog.... |