Cement News tagged under: Africa
Dangote Cement records strong pan-African cement volumes in FY2025 March 2021, Published under Cement NewsDangote Cement's regional performance in FY20 saw its domestic market of Nigeria return volumes of 15.73Mt, a rise of 11.5 per cent on the 14.11Mt recorded in FY19. Cement and clinker sales in Nigeria rose by 14.3 per cent in FY20. The company saw a strong ‘V-shaped’ recovery in cement demand in Nigeria in the 3Q20 with volumes recorded at 4.29Mt for the quarter and this was relatively sustained with strong 4Q20 volumes of 3.91Mt. Dangote reported decreased market disruptions as a result of... |
LafargeHolcim 4Q20 regional results see net sales of CHF5994m26 February 2021, Published under Cement NewsGroup net sales for the 4Q20 totalled CHF5994m (US$6628m), down 8.1 per cent from CHF6521m in the 4Q19. In the 4Q20 LafargeHolcim recorded cement sales of 51.2Mt, slipping 0.5 per cent from 51.5Mt in the 4Q19. Aggregate sales decreased to 65.8Mt in the 4Q20, down 2.5 per cent from 67.5Mt in the 4Q19. Ready-mix sales reached 11.3Mm 3 in the 4Q20, a decline of 2.4 per cent from 11.6Mm 3 in the 4Q19. The company also reported on its results for the full-year 2020 , which saw a 5.6... |
HeidelbergCement records cement sales of 122Mt in FY2023 February 2021, Published under Cement NewsHeidelbergCement’s preliminary, unaudited figures for the full year 2020 saw the result from current operations before depreciation and amortisation rising by six per cent LfL to a record EUR3.7bn while implementation of the company's COPE action plan led to cash savings of around EUR1.3bn. Despite the decline in sales volumes, group revenue for 2020 decreased by 6.6 per cent to EUR17.6bn (previous year: EUR18.9bn). Dr Dominik von Achten, chairman of the Managing Board of Heidelber... |
Cemex makes key EMEAA investments at the start of 202123 February 2021, Published under Cement NewsCemex has started 2021 by investing for growth and its climate action strategy in Europe, Middle East and Africa (EMEAA). It has made seven bolt-on investments that are aligned to its key priorities of climate action, sustainable construction and EBITDA growth, representing advances in fossil fuel reduction, lower-CO 2 products, circular economy, recycling and products that demonstrate life cycle CO 2 and energy consumption advantages for buildings. The investments include a new, low... |
COVID-19 closes WACEM's Tabligbo plant04 November 2020, Published under Cement NewsThe West African Cement plant (WACEM) has shut down its grinding plant in Togo for two weeks. The 1.8Mta Tabligbo plant has closed to halt the spread of COVID-19. The Ministry of Trade and Industry released an official statement saying: "On October 30, 2020, the national coordinator in charge of the response against COVID-19 informed me about an outbreak at the WACEM, a company located in the free trade zone." The plant is situated 80km from Lomé, in the Yoto prefecture. The lat... |
Algeria exports to Dominican Republic03 November 2020, Published under Cement NewsAlgeria-based Société des Ciments de Aïn El Kebira (SCAEK), part of the GICA Group, has exported 40,000t of clinker to the Dominican Republic, reports L’Expression. GICA has exported some 550,000t of clinker since the start of the year to African and South American countries, including Senegal, Côte d’Ivoire, Guinea, Peru and Brazil, according to GICA. |
National Cement starts supplying Rwandan market02 November 2020, Published under Cement NewsNational Cement of Kenya has introduced its Simba brand into the Rwandan cement market having seen strong demand for infrastructure in the country, including a new airport in Bugesera. The Kenyan producer is supplying cement importers from its recently-opened Nakuru plant, which is approximately 500km from the Rwandan border. "The Rwandan market is one of the fastest growing economies in Africa. Since the government of Rwanda is implementing and supporting several projects, the shor... |
Cemex sees net sales rise to 3% to US$3.436bn in 3Q2029 October 2020, Published under Cement NewsCemex SAB de CV has announced its 3Q20 results with net sales increasing by three per cent on a like -for-like (LfL) basis to US$3.436bn, while EBITDA rose by 15 per cent to US$728m. Net operating earnings, before other expenses, rose by 20 per cent to US$453m on a LfL basis. Net debt plus perpetual notes fell by US$504m versus the previous quarter. Net sales in Mexico rose by 14 per cent on a LfL basis to US$723m. Operating EBITDA rose 16 per cent to US$246m on a LfL basis, versus... |
Côte d’Ivoire: year of uncertainty19 October 2020, Published under Cement NewsWith COVID-19 affecting economic activity throughout sub-Saharan Africa, the cement market in Côte d’Ivoire faces a particularly uncertain year as presidential elections and a political crisis add further factors of volatility to the sector. In addition, new plant projects provide extra capacity in an industry that is already subject to over-capacity. By Limak Holding, Turkey. The cement market of Côte d’Ivoire continues to provide some opportunities going forward, but overcapacity... |
LafargeHolcim Maroc voted Top Performers for CSR19 October 2020, Published under Cement NewsLafargeHolcim Maroc was named Top Performers for Corporate Social Rrsponsibility (CSR) 2020 by Vigeo Eiris, the independent rating agency in the areas of environment, social and governance. Vigeo honoured LafargeHolcim Morocco for its performance in terms of environmental strategy and protection of biodiversity, continuous improvement of health and safety conditions at work, prevention of discrimination and promotion of gender equality, and also its contribution to the socio-economic d... |