Cement News tagged under: Côte d’Ivoire

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CIMAF to open third plant in Cote D’Ivoire

20 October 2016, Published under Cement News

Ciments de L’Afrique (CIMAF) has announced it will establish a third cement plant in Côte d’Ivoire, raising its capacity in the West African country to 2.3Mta by 2017. The new grinding plant will have a capacity of 350,000tpa and will be located at Bouaké in the north of the country. The project, representing an investment of XOF12bn (US$20.1m), will allow the company to improve availability of its cement in the domestic market. CIMAF expanded its Abidjan grinding works to 1Mta i...

Côte d'Ivoire: name change for Socimat

07 September 2016, Published under Cement News

La Société ivoirienne de ciments et matériaux (Socimat) is changing its name to LafargeHolcim Côte d’Ivoire. “Resolutely committed to continuous satisfaction of its customers and partners, Socimat begins an important and decisive turning point in its 64-year history,” the company said in a statement.

Dangote: 1Q2016 profits down 22% as volumes rise 70%

26 April 2016, Published under Cement News

Dangote Cement has released its results for the year to March 31 2016. During this period volume sales grew 69.6 per cent to 6.4Mt, while profits slipped from NGN70bn (US$352m) to NGN55bn (US$276m). Price cuts in Dangote’s Nigerian home market meant that even as volumes climbed 45 per cent to 4.5Mt revenues increased more slowly, rising by 5.7 per cent to NGN107bn (US$538m). The firm estimates that its market share in the period was 66 per cent. Volume growth in other west and central ...

Côte d’Ivoire to import 90,000t of cement

15 June 2015, Published under Cement News

Côte d’Ivoire will import 90,000t of cement as the country tackles its cement shortage, according to the country’s government. The shipment is the first of a total import operation that will see 300,000t enter the west African nation. The increase in real estate construction projects has led to a surge in cement demand, putting upward pressure on prices.

Côte d’Ivoire to import 300,000t of cement

11 May 2015, Published under Cement News

Due to a shortage in the supply of cement, Côte d’Ivoire will import 300,000t of cement. “The government has decided to conduct an emergency operation for the import of 300,000t of cement to be made by the cement manufacturers, "said Jean-Claude Brou, minister of industry and mines. The volume will be imported in three phases in consultation with the country’s cement producers. The first consignment, of 90,000t, will arrive at the end of May, with a further 105,000t both in June and July....

Côte d’Ivoire: retail price takes 20% hike

31 March 2015, Published under Cement News

The dealer price for cement has significantly increased from XOF95,000 (US$156) to XOF110,000/t in Côte d’Ivoire. In terms of the price of 50kg bag, this means a 20 per cent price rise to XOF6000. The price rise is attributed to the current shortage of cement on the market, but wholesale prices have remained stable.

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...

Dangote to use Sea Invest to import 1Mta into Côte d’Ivoire

02 December 2013, Published under Cement News

Nigeria’s Dangote Cement’s subsidiary in Côte d’Ivoire plans to use the Sea Invest platform in Abidjan to import 1Mta of cement into the country. Pending the construction of a cement plant, Dangote’s Edwin Devakumar is reported by local media to be negotiating the move with Sory Diabate of Sea Invest to use the Belgian company. However, local cement companies CIMAF, part of Morocco’s Addoha portfolio, and Société de Cimenterie Abidjan (SCA) have protested against the plans, arguing th...