Cement News tagged under: Democratic Republic of Congo

RSS feed

DR Congo cement demand weakens in 10M19

16 January 2020, Published under Cement News

Grey cement consumption in the Democratic Republic of Congo reached 390,279t in the first 10 months of 2019, according to ACP. Production reached 959,088t during the same period. The low demand reflects the slowdown in construction work in the building and public works sector. In 2018 cement demand reached 1,045,199t and domestic production 1,043,340t, according to Central Bank of Congo.

DRC utilisation rate remains low

25 November 2019, Published under Cement News

The Central Bank of Congo put cement production in the Democratic Republic of Congo (DRC) at 1.842Mt in 2018. Around 1.825Mt were delivered to the domestic market. Production in the period up to April 2018 was 397,000t, of which 390,000t were sold within DRC. Therefore, the capacity utilisation of Congo’s cement plants is around 40-50 per cent according to the bank, although in February 2019 a rate of 52 per cent was recorded.

Renewed interest in CIMAIKO

14 November 2019, Published under Cement News

A Chinese company is reported to be interested in relaunching the CIMAIKO cement plant near Kisangani, in the Democratic Republic of Congo. A delegation consisting of Justine Mbombo, advisor to the Ministry of Industry, and the production manager of Yang Engow Engineering of China is prospecting the local area for limestone suitable for cement production. Yang Engow Engineering intends to start the installation of the plant as soon as possible, with January 2020 as a tentative date, acco...

Cement imports by canoe in western DRC

31 October 2019, Published under Cement News

Following the import ban on grey cement in the Democratic Republic of Congo (DRC), importers have taken more creative ways to import cement into the central African country. According to reports by Agence d’Information d’Afrique Centrale, grey cement is now imported via canoe on the Congo River to the main consumption centres in the country. Local producers have protested, citing unfair competition, import fraud and a low product quality as the main reasons for their grievances.

Grande Cimenterie du Katanga plans 1.2Mta output in 2020

22 October 2019, Published under Cement News

La Grande Cimenterie du Katanga (GCK), Democratic Republic of Congo, expects to produce 1.2Mta of cement in 2020, according to a report by Agence Congolaise de Presse. GECAMINES, in partnership with China Cement and HMIE Group, is investing US$160m to build a plant. The joint venture was formed on 13 July 2011 and subsequently, in 2017, was expanded to enable it to have the required capital.

Kinshasa cement prices sees 11% hike

05 August 2019, Published under Cement News

The price of a bag of grey cement in Kinshasa, Democratic Republic of Congo, has increased to CDF15,000 (US$9.08) from CDF13,500, according the national press agency ACP. The price rise, which applies to domestically-produced and imported cement, is the result of an increase in demand as Kinshasa province is currently subject to a housing boom and the implementation of President Félix Antoine Tshisekedi Tshilombo emergency programme, which include the rehabilitation of the capital road net...

Cement demand in DR Congo soars to 1.8Mt in 2018

12 July 2019, Published under Cement News

Cement consumption in the Democratic Republic of Congo continued to surge in 2018 to 1,825,757t, up has from 881,733t  in 2017 and from 229,967t in 2016, according to provisional data from the Central Bank of Congo (BCC). There were no exports, continuing a trend started in 2016 as export volumes continued to dwindle. Likewise, cement production in the central African country has rapidly increased in the last few years. In 2018 output reached 1,842,782t. A total of 899,533t of cement was p...

Kinshasa cement price declines 19%

06 June 2019, Published under Cement News

The price of grey cement in Kinshasa, Democratic Republic of Congo, has fallen by 19.4 per cent to CDF13,300 (US$8.07) currently from CDF16,500/50kg bag in April, according to the Congolese press agency, ACP. The price drop has been attributed to supply currently exceeding demand. However, in the east of the country the supply of cement is significantly lower with only two plants in operation. A third is in the process of being rehabilitated.

China National Building Materials (CNBM)

01 April 2019, Published under Cement News

China National Building Materials (CNBM) has reported consolidated operating revenue of CNY218bn (US$32.39bn) in 2018, up 18.9 per cent YoY. Profit for the year came in at CNY14m, compared to CNY9.79m in 2017, while basic earnings per share advanced by 63.3 per cent YoY to CNY0.956.  Last year saw sales of cement and clinker by the group fall by 2.1 per cent YoY to 369Mt, while sales of commercial concrete advanced by 3.7 per cent to 96Mm 3 . Sales volumes of aggregates increased by 14.7 ...

Sinoma reportedly seeking finance for new DR Congo plant

13 March 2019, Published under Cement News

CNBM’s Sinoma Overseas Development Co is reportedly seeking project finance for a cement plant in Tanganyika, Democratic Republic of Congo. In January the company signed an EPC contract with Interlaces SA for a 3500tpd plant. The outlined project includes mining, three cement production lines, a biomass power station as well as packaging and delivery systems. According to Inside International Industrials, the project will be slightly larger than one completed by Sinoma International Enginee...