Cement News tagged under: Democratic Republic of Congo
DRC cement consumption around 40kg/capita09 September 2016, Published under Cement NewsCement consumption in the Democratic Republic of Congo is currently around 40kg per capita, according to Jean Bamanisa Saidi, president of the RDC Concrete Expo 2016, which is currently being held in the country’s capital Kinshasa. He added that new companies in Kongo Central will increase cement production in 2017, enabling the supply of cement equivalent to 100kg per capita as production is expected to be stepped up from 0.4Mt to 2.5Mt. |
Cement price in DR Congo falls 33%03 August 2016, Published under Cement NewsAlthough recent weeks have seen cement prices in the port of Matadi, Democratic Republic of Congo spiral up to CDF15,000 (US$15.28)/50kg bag, they have now returned to more sustainable levels of CDF10,000-11,000. The decrease is due to the arrival in Matadi of several cement trucks that were halted at the Angolan following the decision by Congo’s government to stop cement imports. Following protests, the Central Congo governor authorised the entry of the trucks. Before the import stop,... |
DR Congo: Cimentkat to be relaunched21 July 2016, Published under Cement NewsThere are plans to relaunch Cimenterie du Katanga (Cimentkat), according to the governor of Lualaba province, Muyej Mangez. The cement works, which is located in Lubudi, 300km from Lubumbashi, Democratic Republic of Congo, was shut down due to a lack of finances. However, South African investors are expected to invest in the plant, which has outdated equipment and still is required to pay 100 months in salary arrears to its workers. |
Dem Rep Congo: cement price jumps 50%19 July 2016, Published under Cement NewsDespite assurances to the contrary by the country’s economics minister, Modest Bahai, following the suspension of cement imports in the Democratic Republic of Congo less than a week ago, the price of cement has rocketed. In the capital, Kinshasa, the price of a 50kg bag of cement has jumped from CDF10,000 (US$10.37) to CDF15,000. Various sources, including the national SME commission of the Federation of Enterprises of Congo (FEC) have criticised the decision to cease imports as the ... |
Cement imports suspended in RDC11 July 2016, Published under Cement NewsThe government of the Democratic Republic of Congo has suspended grey cement imports for three months, reports local news source Radio Okapi. Modest Bahai, the country’s economics minister, said the decision had been taken due to the influx of illegal cement imports, which cost the country around US$8m and threatened the domestic cement industry. He also gave assurances that the import ban would not send prices skyward in the market. |
Dem Rep Congo: import tax under consideration11 May 2016, Published under Cement NewsFollowing the announcement of Cimenterie de Lukala (Cilu) earlier this week that it plans to close due to “unfair competition”, the governor of Kongo-Central, Jacques Mbadu Nsitu, is considering a new tax on grey cement imports. He ordered his government to draw up the required legislation which is expected to protect locally-produced cement. At present, the price of a bag of cement in Matadi is between US$7-7.50 for Cilu product while in the border town of Lufu, imported cement trades be... |
Cimerwa looking to cut costs as it eyes export markets23 March 2016, Published under Cement NewsBusisiwe Legodi, Cimerwa's chief executive officer, has reaffirmed her company’s commitment to developing export markets in neighbouring Burundi and eastern DR Congo. Speaking in Kigali last week, Ms Legodi also said that Cimerwa – which is 51 per cent owned by South Africa’s PPC – were looking to cut costs. A report by Rwanda’s New Times newspaper quoted Ms Legodi as saying: “We import most of the raw materials, including gypsum and coal, which makes business expensive. We are, there... |
PPC eyes longer-term growth outside of Africa16 March 2016, Published under Cement NewsPPC has unveiled a new expansion strategy that envisages doubling the business every 10 years and growing beyond its traditional markets in Africa. In an investor presentation posted on PPC's website ahead of this week’s Merrill Lynch conference in Sun City, the company set out its ambitions for the future even as it warned of falling cement sales in the first months of FY16. In the presentation, PPC states that it is on course to raise capacity to 12.7Mta by 2018 (a 47.7 per cent inc... |
DR Congo: new plant online in December 201629 September 2015, Published under Cement NewsDangote’s new plant in the Republic of Congo is expected to enter production in December 2016. The new 1.5Mta plant in Bouenza, Yamba district represents an investment of XOF139.725bn. However, the succesful completion of this project is subject to the construction of a new bridge over the Niari river on the Buiansa-Mouyondzi axis. The old bridge, which has a carrying capacity of 25t, does not allow construction workers to transport structures of over 75t. The Congolese market is currently... |
Lafarge Zambia to kickstart expansion project in 2H1508 April 2015, Published under Cement NewsLafarge Zambia will begin work on a EUR200m expansion project in the second half of this year, Emmanuel Rigaux, chief executive of the Lafarge unit, said last week. The work will double Lafarge Zambia’s existing capacity, adding 1Mta. The company is proceeding with the project despite Dangote Cement due to launch its own 1.5Mta plant in Zambia. However, Mr Rigaux told the Cape Times that demand from neighbouring DR of Congo would help absorb the additional volumes. "The growth there is mass... |