Cement News tagged under: Dangote Cement
Dangote calls for limestone allocation to invest in Ghana22 January 2013, Published under Cement NewsDangote Cement has said it is yet to receive a limestone allocation from the government of Ghana to invest in local production. The Nigerian cement major is instead having to bag cement produced in Nigeria for distribution on the Ghanaian market. “If we get limestone today, within 24 months we will be producing,” Alhaji Tajudeen Sijuade, Vice Chairman of Dangote Cement Ghana Limited, told told press at the company’s plant in Tema terminal in Ghana where tonnes of finished cement are bagge... |
West Africa: Dangote Cement to meet demand10 January 2013, Published under Cement NewsWith the rising concern of unavailability of cement during certain times of the year in Ghana and the rapid infrastructure development of many economies in Africa, especially the sub region, Dangote has positioned itself to meet the supply needs of estate and private home developers. “We are expanding the capacity of the Ibese plant, which already has two mills which produce a total of 6Mta, with two more units of mills and storage capacity for clinker to produce 12Mta. This will be big en... |
Federal government steps in to help resolve oversupply dispute, Nigeria07 January 2013, Published under Cement NewsNigeria’s Federal Ministry of Trade and Investment has stepped in to mediate in a dispute over a supply surplus being created in the local industry. Last week, a statement by Dangote Cement's head of corporate communications Anthony Chiejina said that Dangote and Lafarge WAPCO Cement were worried about Ibeto Cement Company continuing to import cement into Nigeria, despite the capacity of local manufacturers to meet demand. The oversupply has led to the closure of the Gboko plant run by Da... |
Dangote slams Ibeto for Nigeria surplus24 December 2012, Published under Cement NewsA spat has broken out between Nigeria’s leading domestic producer, Dangote Cement, and Ibeto Cement Company, the country’s sole cement importer. Dangote Group spokesman, Anthony Chiejina, Group Head, Corporate Communications, blamed a surplus of supply on the continued importation of subsidised cement into the country. According to Chiejina, Dangote Group’s Gboko cement plant was shut because of a flood of imported cement, adding that staff had to be put on forced leave, pending when t... |
Nigeria: Dangote closes cement plant07 December 2012, Published under Cement NewsThe management of Dangote Cement Plc has finalised arrangements to temporarily close down its 4Mta Gboko Plant as a result of competition and excess cement in the market, according to Guradian News. The Group Head, Corporate Communication, Dangote Group, Anthony Chiejina who confirmed this in Lagos, said the move was necessitated by the glut in the market arising from the success currently being recorded with the exponential increase in local production of cement and further compounded by ... |
Dangote orders 500 heavy-duty trucks from Beiqi Foton21 November 2012, Published under Cement NewsNigerian cement producer Dangote Cement has awarded the contract for 500 Foton-Daimler heavy-duty trucks to Beiqi Foton, one of China’s largest commercial vehicle manufacturers. |
Dangote Cement could tip the balance to oversupply in East Africa14 November 2012, Published under Cement NewsPlans by Dangote Cement to set up a manufacturing plant in Tanzania have complicated expansion plans for Kenyan firms that have dominated exports of the commodity into the East Africa region in recent years. The planned cement plant, owned by Africa’s richest man Aliko Dangote, is expected to put an additional 1.5Mt of capacity by 2015, which will plug Tanzania’s cement deficit. Dangote’s cement factory in Southern Tanzania will be commissioned within one year of the launch of ARM’s factory... |
Dangote nine month profit rises 13.5 per cent02 November 2012, Published under Cement NewsNigeria's Dangote Cement said on Thursday its pretax profit for the nine months to September rose 13.5 per cent to NGN105.8bn (US$673.63m), compared with NGN93bn in the same period last year. Revenue for the nine month period hit NGN208.3bn, compared with NGN173bn in the same period of 2011. Dangote said heavy rains and flooding affected sales in the third quarter, but profit margins remained strong at 63 per cent owing to the effect of gas supplies which returned to normal to cut ener... |
Dangote to eliminate Tanzania’s cement shortages22 August 2012, Published under Cement NewsWhen it comes on-stream in 18 months’ time, the new 2Mta Dangote cement plant at Mtwara is expected to reduce the cement deficit in Tanzania. Since 2011, the country’s cement deficit has exceeded 1Mt, according to the Tanzania Investment Centre (TIC). The TIC's acting executive director Raymond Mbilinyi said that in few years the country will no longer experience such deficit due to the establishment of the new cement plant in Mtwara. Mbilinyi said that the investment will also create over... |
Nigeria: Dangote Group employment drive20 August 2012, Published under Cement NewsTo generate more employment in the area, Dangote Group has unveiled plans to establish an agro-sacks manufacturing company at Ibese, Ogun state, to complement the Dangote Cement plant in the community as part of the company’s efforts to create employment, as well as other ventures. President of Dangote Group, Alhaji Aliko Dangote disclosed these investment plans during a meeting with Ibese community host members of Yewa North Local Government Council of Baales. Dangote, who was represented ... |