Cement News tagged under: Africa

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Angola to ban cement imports in 2015

17 December 2014, Published under Cement News

Angola has banned the import of cement in 2015 with the country having achieved self-sufficiency in terms of cement production but has set a quota of 150,000t for three outer-lying provinces, the minister for construction said on Monday. Following a meeting of the Economic Commission of the Council of Ministers, Minister Waldemar Alexandre Pires stated: “Due to the investments made by various companies, the installed capacity of cement production in Angola is 8Mt and demand is around 6.5Mt....

Ciments de L’Afrique awards grinding contract

12 December 2014, Published under Cement News

Ciments de L’Afrique has awarded the contract for a new cement grinding plant to CEMTEC which will be established at the cement producer’s existing facility 15km outside of Abidjan, Côte d’Ivoire. The new 0.5Mta grinding facility will double existing production capacity. The key components of the plant are • Shell supported ball mill 3.8 x 11.0m with an installed motor power of 2250kW • Separator CTC-110 with improved rotor design to reduce power consumption and increase separation eff...

Thermax wins new captive power plant order in Africa

08 December 2014, Published under Cement News

Thermax Ltd has won a repeat order from a leading African industrial major to build and commission a captive power plant for one of the conglomerate’s cement plants. The scope of the project includes system design, manufacture, supply and supervision of erection and commissioning of the plant. “We are excited about the business opportunities emerging in Africa. Our two-year project management experience in the continent should really help in seamlessly executing these projects,” said Ther...

Lafarge to acquire complete control of Unicem

11 November 2014, Published under Cement News

Lafarge Nigerian Cement Holdings said on Monday it had entered into an agreement with Flour Mills of Nigeria to purchase a 30 per cent stake in United Cement Company of Nigeria Ltd (Unicem). The deal will give Lafarge's Nigerian Cement Holdings complete control of the country's third-largest cement manufacturer, Reuters reported. "Pursuant to the agreement, a first 15 per cent tranche would be acquired in the first quarter of 2015, while the second 15 per cent tranche is scheduled to be ac...

Lafarge Africa 9M14 pretax profit drops 41.2%

30 October 2014, Published under Cement News

Lafarge Africa said its pretax profit for the first nine months of this year dropped by 41.2 per cent YoY to NGN38.08bn (US$231m). Revenue, however, rose to NGN159.39bn from NGN154.78bn previously, the company said in a filing with the Nigerian stock exchange.

Lafarge Africa completes consolidation process

17 September 2014, Published under Cement News

Lafarge Africa Plc, formerly Lafarge Cement Wapco Nigeria Plc, has announced the completion of its acquisition of the Lafarge group’s shareholdings in Lafarge South Africa Holdings and United Cement Co of Nigeria. Guillaume Roux, Lafarge Africa Group Chief Executive Officer, told reporters in Lagos yesterday that the company had received all shareholder and regulator approvals and met all the necessary requirements to form the merged company comprising Lafarge’s South Africa and Nigerian in...

Raysut signs Somaliland jv terminal project

15 September 2014, Published under Cement News

Omani producer Raysut Cement has announced that it has agreed a deal with Barwaaquo Cement of Somaliland to operate a joint venture terminal for the packaging and distribution of cement. The two companies will build a US$7.5mn terminal in the port city of Berbera which will have the ability to store and distribute both bagged and bulk cement set to be delivered from Oman by sea. It will have a capacity to store up to 12,000t of cement and completion is scheduled for the end of 2015. R...

Aganang works to launch clinker production

14 August 2014, Published under Cement News

Sephaku Cement has completed the commissioning of the clinker production facility at Aganang, South Africa, and is ready to commence production, the company said in a statement. The first consignment of clinker will be delivered to the Sephaku’s Delmas grinding plant by the end of the month. Dr Lelau Mohuba,  CEO of Sephaku Holdings, said: “The production of its own clinker is an important step for SepCem, enabling it to become a fully-integrated producer of cement. We are confident that it...

Bamburi posts first-half pretax profit drop

08 August 2014, Published under Cement News

Bamburi Cement posted a 28 per cent drop in first-half pretax profit to KES2.3bn (US$26.2m) from KES3.2bn a year earlier. The Lafarge group company attributed the decline to rising power costs, increased use of imported clinker and the introduction of a mining levy in Kenya. Operating profit fell 27 per cent to KES2.2bn compared KES3bn in the comparative period of 2013. However, turnover rose 9.5 per cent as a result of higher sales volumes in the first half of the year both to domestic ma...

Lafarge Africa first-half profit rises 29% YoY

01 August 2014, Published under Cement News

Lafarge Africa said its first-half profit rose 29 per cent to NGN17.75bn (US$109.61m), compared with NGN13.80bn in the same period of last year. Gross earnings rose to NGN55.35bn, from NGN49.48bn in the same period last year, the company said in a filing with the Nigerian Stock Exchange.