Cement News tagged under: Democratic Republic of Congo

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PPC

03 September 2014, Published under Cement News

Construction is due to begin this month on PPC’s new grinding plant in Harare. Around US$18m has reportedly been secured for the project with road access to the plant already in place. The company is also conducting a feasibility study into a further clinker plant in Mt Darwin in northern Zimbabwe. Meanwhile, in the Democratic Republic of Congo, PPC Barnet DCR has signed a contract with China’s Sinoma International Engineering Company for the engineering, procurement and construction of a...

PPC Barnet awards Sinoma DR Congo contract

11 August 2014, Published under Cement News

A new US$300m cement plant will be built in the Democratic Republic of Congo. The 1Mta cement works, owned by PPC Barnet DRC, will be located near Zamba, in the Cataracts district, around 230km from the capital Kinshasha. The construction of the plant is expected to take around 26 months to complete and will see the building of a fully-integrated works with a five-stage preheater kiln and inline calciner. To mark the inaugural phase of the project, PPC Barnet DRC signed an engineering,...

DR Congo: North Kivu starts first cement plant

04 April 2014, Published under Cement News

Nyiragongo launched its first cement on 1 April 2014 during a ceremony presided over by the head of the provincial executive, Julien Paluku. This is first cement works to be situated in North Kivu, Democratic Republic of Congo. The project was initiated by Mr Tana Twagira and will have an initial output of 50tpd.

Dangote on-track to complete five projects in 2014

14 January 2014, Published under Cement News

Dangote Cement will complete five cement plants across sub-Saharan Africa this year, adding around 13.5Mta of capacity to the group's existing volumes, according to Aliko Dangote, company chief executive. The projects include a 1.5Mta plant in Zambia and Tanzania each, a 3Mta works in South Africa and a 1.5Mta facility in both the Republic of Congo and Gabon. Last week, Nigeria's High Commissioner to Zambia, Sifawu Momoh, said that the Zambia plant will be inaugurated next month. In it...

Lucky Cement's nine-month net profit ahead, Pakistan

01 May 2013, Published under Cement News

Lucky Cement, has reported a 49 per cent YoY rise in net profit for the first nine months of FY13 as Pakistan’s largest cement producer by capacity is boosted by higher prices. For the nine month period ending March 2013, the company reported a profit of PKR6.98bn. The company's local cement dispatches rose 2.8 per cent YoY to 2.77Mt while export sales declined by 1.1 per cent YoY to 1.66Mt. Total dispatches stood at 4.43Mt, up by 1.3 per cent. Higher retention prices drove the top-lin...

Lucky Cement 1Q net rises, updates on international expansion

26 October 2012, Published under Cement News

Lucky Cement has reported a strong rise in profit after tax for the first quarter of the current fiscal year and provided a progress update on its expansion into Iraq and Democratic Republic of Congo. The company declared an after tax profit of PKR2014m (US$21m) for the quarter ending 30 September 2012, representing an increase of 33.79 per cent higher than the same period of last year, thanks to higher domestic sales. Gross profit increased by 32.87 per cent as net sales revenue improve...