Cement News tagged under: Africa
Lafarge Africa looks to scale-up Nigeria's road infrastructure14 October 2020, Published under Cement NewsLafargeHolcim Africa hosted a webinar on approaches to rapidly upscaling Nigeria's Economic Infrastructure, yesterday. Nigeria’s Honourable Minister of Works & Housing Guest of honour, Babatunde Fashola, led the discussions emphasising that the government is committed to renew, review and increase Nigeria’s infrastructure. Babatunde Fashola argued that Nigeria stopped investing in infrastructure in the 1970s and that it must get back to investing something similar today by investing a s... |
Redecam completes Lichtenburg ESP-to-baghouse conversions05 October 2020, Published under Cement NewsRedecam Group SpA has successfully completed its civil, mechanical and electrical turnkey project at LafargeHolcim South Africa's Lichtenburg plant. Redecam has converted the existing kiln and raw mill No 2 electrostatic precipitators (ESPs) into bag filters, with new outlet and two new exhaust fans. |
Lafarge Cement Zimbabwe to open dry mortar mix plant in 2H2002 October 2020, Published under Cement NewsLafarge Cement Zimbabwe is set to complete the installation of a US$2.2m dry mortar mix (DMX) plant during the second half of this year. The project is part of LafargeHolcim Group's US$25m recapitalisation of its Zimbabwean subsidiary, which was announced last year. "Currently, the DMX plant is being installed and is set to be completed in the 2H20, while the vertical cement mill supply contract was signed in August 2020," said the group's chairman, Kumbirai Kat. Lafarge has ... |
Qalaa Holdings achieves 105% YoY growth in 2Q2001 October 2020, Published under Cement NewsQalaa Holdings has reported its consolidated financial results for the quarter ended 30 June 2020, with revenues of EGP7.4bn (US$470m), up 105 per cent YoY. " Qalaa’s performance was anchored by a recovering cement market in Sudan and an optimised pricing strategy by Al Takamol, which played a key role in offsetting the impacts of Egypt's underperforming cement market," said Qalaa Holdings' Chairman and Founder, Ahmed Heikal. |
Empire Cement Packaging plans affordable cement for Ghanaians30 September 2020, Published under Cement NewsEmpire Cement Packaging Ltd has acquired 18.74 acres of land in Weija, Ghana, to establish the company under the One District One Factory initiative. The company has reiterated that it has a comprehensive plan to operate without affecting or disturbing other companies such as the Panbrose Salt Company. Empire Cement Packaging Ltd aims to deliver affordable cement to Ghanaians. The 1Mta factory will cost approximately US$500m and is being developed in partnership with Obokom Civil Engineerin... |
PPC delays FY20 earnings results30 September 2020, Published under Cement NewsPPC of South Africa has delayed the release of its full-year earnings for a third time as it finalises its financing. The new date for the financial disclosure is now set for 5 October 2020. PPC has been making adjustments to the valuations of assets in Ethiopia and the Democratic Republic of Congo, and the company hopes to conclude a deal with South African lenders in October, reports BNN Bloomberg. PPC reported a resurgence of construction activity in South Africa in June and July and do... |
A new focus for HeidelbergCement18 September 2020, Published under Cement NewsHeidelbergCement's 2020 Capital Markets Day – 'Beyond 2020' set out many ambitious forward targets for the global building materials company as it looks to strengthen its core portfolio and embrace the megatrends of increasing urbanisation, digitalisation and a shift towards a low-carbon future. In a bold move, it has brought forward some of its key targets for carbon reduction by five years. A simplified organisational structure will also see one global function per board member. 'Beyo... |
Livetouch Cement breached local labour laws in Zimbabwe16 September 2020, Published under Cement NewsZimbabwian-based Livetouch Cement was found in breach of local labour laws after failing to register its workers with the National Social Security Authority (NSSA). It was only revealed that the Chinese cement manufacturer had broken the law after the death of a worker in March this year. According to NSSA, the death of an unidentified employee at the cement manufacturing plant exposed how the company had not registered any of its employees with the Workers Compensation Insurance Fund (WCIF... |
Gypsum availability and dollar prices impact Dangote Zambia's production costs09 September 2020, Published under Cement NewsDangote Cement Zambia Ltd (DCZL) says the closure of Chambeshi Metals has deprived the company gypsum for cement manufacture. DCZL CFO, Bright Tembo, also said the depreciation of the kwacha has impacted on costs of imported materials. "The closure of Chambeshi Metals has deprived DCZL of a reasonably priced Gypsum…We have local suppliers who are quoting in dollars and demanding payment in dollars. The depreciation of the kwacha has severely impacted on our costs of imported raw materials,"... |
PPC and subsidiaries record double-digit growth in July20 August 2020, Published under Cement NewsPPC reports that its total volumes at its international subsidiaries saw double-digit growth in July compared to sales in July 2019. "The demand is especially strong in Zimbabwe and Rwanda and the growth of sales volumes during July has been positive in the DRC as well," PPC said. "The increased sales volumes and the effect of the cost reduction and cash preservation measures have resulted in cash flows for the last months showing a positive trajectory." Double-digit YoY growth of cement... |