Cement News tagged under: Central Africa
DR Congo sees cement price hike after reintroduction VAT21 March 2022, Published under Cement NewsThe price of cement in central Democratic Republic of Congo has increased from COF15,500 (US$7.70) to COF21,210 from 17 March, according to local news sources. The hike follows an agreement between the provincial division of the Ministry of Economy, representatives of three cement companies in central DRC and cement suppliers after days of discussions. Corneille Mukuni Mukuni, the head of the provincial division of the Ministry of Economy explained the price rise as the reintroduction of ... |
SONOCC announces resumption of production26 January 2022, Published under Cement NewsSociété nouvelle des ciments du Congo (SONOCC) will restart its production of cement from 31 January after several weeks of work stoppage, said the company’s Director General, Il Xingtao. It is expected that the additional output will help alleviate the cement shortage in the Republic of Congo and put an end to soaring cement prices. Prices have jumped to XAF120,000 (US$206.67) to date from XAF70,000 in November 2021. At present only Forspak’s plant is operating but is unable to cover na... |
PPC Barnet posts positive 1H21 results30 November 2021, Published under Cement NewsPPC Barnet in the Democratic Republic of Congo (DRC) announced that nearly 230,000t of cement were produced in the second quarter of 2021. The company operates a 1.2Mta integrated cement plant, representing a US$300m investment. Sales volumes in the key central market were up six per cent YoY. This has enabled the company to open warehouses in the central location of Kinkole, as well in Zongo, northern DRC, and Ilebo, southern DRC. Iqbal Omar, CEO of PPC Barnet DRC, said: “These first si... |
Cement price stabilises in Lubumbashi22 October 2021, Published under Cement NewsThe price of grey cement in Lubumbashi, Democratic Republic of Congo, is stabilising at CDF15,000-16,000/bag (US$7.58-8.09), when compared with CDF20,000-25,000 in previous years, according to ACP, the Congolese press agency. The trend is due to an increase in domestic cement production from CARRILU and Grande Cimenterie du Katanga, which came online 10 months ago. In addition, the market supply is supplemented by imports from Zambia. |
1H cement sales fall 10% in Gabon12 October 2021, Published under Cement NewsGabon’s cement market contracted by 10.1 per cent to 197,246t in the 1H21 from 219,386t in the equivalent period of 2020, according to data by the country’s Ministry of Economy. In the first quarter of 2021 sales reached 102,823t but a drop to 94,423t was reported for the 2Q21. However, domestic cement production saw a 3.6 per cent uptick to 225,748t in the 1H21 from 217,981t in the 1H20. Output in the 1Q21 was 113,210t while in the 2Q21 cement plants produced 112,538t. Clinker imports de... |
Cimencam sets up subsidiary to study additional plants16 September 2021, Published under Cement NewsCameroon’s Cimencam, part of LafargeHolcim Maroc, plans to create a new subsidiary in Figuil in the north of the country, where it currently runs a 0.15Mta cement plant. The new company will have a capital of XAF100m (US$018m). It will carry out all studies and operations relating to the possible creation of additional cement plants in Cameroon. It will also conduct ancillary studies to the establishment of manufactured concrete industries. Moreover, the subsidiary will also produce and tra... |
Yousheng Cement reportedly plans Cameroon project02 September 2021, Published under Cement NewsChina’s Yousheng Cement is reportedly planning to build a cement plant inside the port of Douala, Cameroon, according to Business in Cameroon. While the capacity was not disclosed, public sittings related to the project’s environmental impact assessment have been planned. |
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... |
Ugandan exports to DR Congo up 30% in 2019-2001 February 2021, Published under Cement NewsExports of cement from Uganda to the Democratic Republic of Congo (DRC) have increased by 27,000t in the last two years, according to Israel Tinkasimire, Hima Cement’s commercial director. The increase represents a 30 per cent expansion and has created an alternative market for Ugandan cement companies since Rwanda considerably reduced its intake of Ugandan cement in February 2019, when Kigali closed the country’s borders. Cement exports in the FY19-20 declined to US$59.9m compared to US$6... |
Cement price in DRC jumps to US$3326 January 2021, Published under Cement Newsn the last two months, the price of a bag of cement increased from US$23 to US$33 in Mbuji-Mayi, Kasai Oriental province, Democratic Republic of Congo. Dominique Ilunga, provincial director of the Fédération des Entreprises du Congo (FEC), explains: “We have a supply problem at the moment. We believed that with the Ndomba route, supplies could be regular, but unfortunately, we were still stuck with the difficulties of water level and dredging and beaconing on this route so that fluctuation... |