Cement News tagged under: Angola
Clinker imports to Angola decreased 13% in 2Q1623 December 2016, Published under Cement NewsClinker imports into Angola fell by 13.2 per cent in 2Q16 to 176,678t when compared with the same period in 2015, when the country imported 200,000t of clinker. Turkey imported 29,503t of this total. In November Nova Cimangola announced that it would stop importing clinker and turn to domestically-produced product following the identification of a suitable raw material deposit near Luanda. Earlier in the year, lack of foreign currency availability impacted on Secil Lobito’s ability to... |
Angola: Cimangola to cease clinker imports15 November 2016, Published under Cement NewsNova Cimangola announced that it will stop importing clinker and instead use domestic resources. The company has identified a raw material deposit near Luanda, where its plant is located. According to Manuel Pacavira Júnior, Nova Cimangola administrator, the company will save approximately US$50m a year. |
DR Congo: Matadi cement price falls20 October 2016, Published under Cement NewsFor the first time in a month, the price of a 50kg bag of cement has fallen in Matadi from CDF12,500 (US$12.16) to CDF8500, according to domestic news reports. The drop in price comes as a result of increased supply of cement imported from Angola. However, sales remain subdued and the Association of Independent Cement Consumers of Kongo-Central has recommended that the government removes the import tax charged at the border post of Lufu. |
Angola: foreign currency availability restricts Secil Lobito's output11 August 2016, Published under Cement NewsThe lack of foreign currency availability is impacting on Angolan cement producer, Secil Lobito. The company needs foreign currency to buy clinker for its Lobito works in southern Angola. During the last three months the factory has been operating with clinker purchased from the Cuanza Sul Cement Factory, which stopped supplying it in late June, and now the plant needs foreign clinker to sustain its production levels. On the back of such challenges, Secil Lobito cement company’s prod... |
Angola: sales in decline17 May 2016, Published under Cement NewsSales figures for the Angolan cement market are in decline. The market is down 35 per cent YoY in 2016. With sales figures for 2014 and 2015 being 5.9Mt and 5.2Mt, respectively, the Angolan Cement Association has forecast 2016 sales at a mere 3.8Mt if the current oil price remains unchanged. As reported in The Global Cement Report (11th Edition), an effect on the growth was expected following the collapse in global oil prices from 2014. Last month Angola turned to the IMF to help cope wi... |
A TEC provides know-how for cement plant erection in Angola04 March 2016, Published under Cement NewsA TEC Production & Services GmbH has been awarded the Engineering, Procurement & Construction Management (EPCM) contract to coordinate all aspects of the “Nova Cimangola 2” project as well as supervise erection. Up to five A TEC employees are continuously on site over the entire 30-month construction period. They monitor the establishment technically and ensure that both the schedule and the technical specifications are adhered to. The scope of supply includes: • tender preparation and... |
Loesche to complete grinding series for Angola plant16 November 2015, Published under Cement NewsSinoma International ordered Loesche's complete grinding series for the cement plant of Nova Cimangola SA in Luanda, Angola. These will be the first Loesche vertical roller mills in Angola. The order for Nova Cimangola SA includes one cement raw material mill of the type LM 48.4, with a capacity of 400tph and two cement mills of the type LM 46.2+2 C/S, which are designed to have a capacity of 150tph cement each. Furthermore Loesche's coal mill of the type LM 24.20 DC completes the order of... |
Angola to ban cement imports in 201517 December 2014, Published under Cement NewsAngola 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.... |
Angola: Kwanza Sul Cement to raise capacity26 November 2014, Published under Cement NewsKwanza Sul Cement Factory (FCKS) plans to increase the cement production with a new 1500tpd line to raise total installed capacity to 6000tpd. FCKS entered the Angolan market in February 2014 and produces the ‘Yetu’ brand of cement. Most of its customers are located in the Benguela region. Speaking to ANGOP, at ExpoIndustry, which ended on Friday in Luanda, Tambwe Mukas, the executive director of FCKS, said the introduction of a new line will enable greater productivity and marketing of t... |
Portugal Semapa profit up 15%04 November 2014, Published under Cement NewsPortugal's conglomerate Semapa, owner of cement maker Secil, posted on Friday a 15 per cent rise in nine-month net profit, helped by lower taxes on some of its overseas operations and a small increase in sales. Net profit rose to EUR80m the company said in a statement. Still, EBITDA fell 4.5 per cent from a year ago to EUR98m. Total sales rose about by about one per cent to EUR1.48bn, with cement sales up four per cent. The company attributed the growth to cement and clinker exports from ... |