Cement News tagged under: Cameroon
Cameroon’s Minister of Commerce threatens to shut down Cimencam plant01 July 2021, Published under Cement NewsCameroon’s Minister of Commerce, Luc Mbarga Atangana has informed LafargeHolcim’s Cameroon subsidiary Cimencam it will shut down the cement plant if it proceeds to increase its prices unilaterally. If the price increase goes ahead, Mr Mbarga Atangana has said that he will see himself “in the obligation to order the installation of seals on your installations.” Cement is a product that is subject to the preliminary price approval procedure. |
Atlantic Cement soon to start construction on 1Mta plant17 February 2021, Published under Cement NewsThe Autonomous Port of Kribi (PAK) in southern Cameroon has made a 10ha plot available in its industrial zone to Atlantic Group, owned by Ivorian billionaire Kone Dossongui. In the next few months, Atlantic Group will build a 1Mta cement plant that will trade under the name of Atlantic Cement. The company has obtained all required approvals for the project, according to Agence Ecofin. The new cement plant is expected to be identical to the factory of the Société de Ciment de Cöte d’Ivoire... |
Aumund wins order for OYAK Çimento plant07 January 2021, Published under Cement NewsOYAK Çimento AS has awarded thyssenkrupp Industrial Solutions (France) SAS the project to construct a grinding station for calcinated clay and cement in Kribi, Cameroon, and Aumund France has received contracts to supply bulk material handling equipment for the project. Aumund is supplying a package of three Aumund bucket elevators with central chain type BWZ, three belt bucket elevators type BWG and three Samson ® material feeders as the conveying solutions for each of these mills. ... |
Dangote Cameroon sells 1Mt of cement in the 9M2020 November 2020, Published under Cement NewsDangote Cameroon has announced that it sold around 1Mt of cement from its 1.5Mta grinding plant in the first nine months of 2020, up 18 per cent YoY from the 9M19. The company has estimated that it had a 39 per cent market share during the period. The rise in demand has been attributed to increased investments in construction projects. “The market is primarily driven by individual construction projects and government housing estates,” said the company. |
Dangote's 1H20 results see 2% revenue growth27 July 2020, Published under Cement NewsDangote Cement reported group revenue up two per cent to NGN476.9bn (US$1.23bn) in the 1H20. Group EBITDA rose to NGN218.1bn and pan-African EBITDA increased by 31.6 per cent to NGN31.5bn. Profit before tax was up 4.7 per cent to NGN162.9bn and net debt stood at NGN372.1bn at the end of 30 June 2020. Michel Puchercos, Group CEO, said: "I am humbled by the fact that we continue to be in a strong position despite the economic downturn that the world is facing due to COVID-19. Although April ... |
Dangote Cameroon appoints new MD23 July 2020, Published under Cement NewsDangote Cement Cameroon appointed Bertrand Thaïs Mbouck as new managing director, succeeding Abdullahi Baba. In addition to postings within the group, Mr Mbouck has also served as investment adviser at Cemac since January 2018 and held posts at Senegal-based SUWA between 2012-15. |
Dangote Cement starts Senegal exports and sets new target15 June 2020, Published under Cement NewsNigeria’s Dangote Cement exported its first shipment of clinker to Senegal during the weekend. The 27,800t shipment set off from the company’s terminal in Apapa Port, Lagos. "This vessel, being the maiden ship is exporting 27,800t to Senegal and this is just a tip of the iceberg as to what we have in plan. What we have in plan is to send clinker from Nigeria to Côte d'Ivoire, Cameroon and Ghana," said Alhaji Sada Ladan-Baki, group executive director. Mr Ladan-Baki also noted that the com... |
Dangote Cement Cameroon SA donates PPE equipment13 May 2020, Published under Cement NewsAs part of its corporate social responsibility project, Dangote Cement Cameroon SA has handed over personal protection equipment (PPE) kits worth XAF100m (US$165,000) to the Cameroon’s Ministry of Public Health to support healthcare workers on the frontline in the fight against COVID-19. Speaking at the handover of the materials, Country Manager of Dangote Cement Cameroon SA, Abdullahi Baba, said, "These are important products for medical personnel. Dangote Cement is a corporate responsible... |
thyssenkrupp to build first industrial-scale activated clay-based cement plant in Cameroon01 April 2020, Published under Cement NewsGermany-based equipment supplier thyssenkrupp will build the first industrial-scale cement plant that uses activated clay to produce low-carbon cement in Cameroon, according to a company statement. thyssenkrupp is to fit the first cement plant with a system for the production of calcined clay for the Dutch-based company Cimpor Global Holdings. The technology developed by thyssenkrupp lowers CO 2 emissions in cement production by up to 40 per cent. Part of the clinker will be replaced with... |
Dangote Cameroon sees 7% sales drop in 201902 March 2020, Published under Cement NewsSales volumes of Dangote Cameroon fell 6.5 per cent YoY to 1.1Mt in 2019. Cement prices averaged at US$108/t in the financial year. "We had to deal with a drop in volumes due to security problems in the North West and South West region of the country as well as new competitor capacities. Overall, volumes were down 6.5 per cent in 2019 from 2018 due to increased competition in key markets, "said Dangote in its annual report. The company expects to improve its sales in 2020 due to the const... |