Cement News tagged under: Ethiopia
Dangote Cement28 March 2017, Published under Cement NewsDangote reported cement sales of 2Mt in Ethiopia in 2016, giving it an estimated market share of 24 per cent, despite renewed competition in 4Q16. The company’s 2.4Mta plant, located in Mugher, 90km from the capital Addis Ababa, opened in May 2015, achieving 1Mt of sales in its first seven months of operation. The plant has not only been supplying the domestic market, where low per capita consumption and good economic growth bode well for the producer, it has also been exporting, primaril... |
Ethiopian production faces disruptions over jobs plan23 March 2017, Published under Cement NewsRegional officials in Ethiopia are demanding that foreign cement producers, including Dangote Cement and Derba Midroc Cement, should let cooperatives of unemployed young adults run part of their mining businesses. A draft contract drawn up by Oromia state’s East Shewa Zone administration this month calls for the young adults to operate pumice mines for the cement producers, according to Bloomberg. Prime Minister Hailemariam Desalegn’s administration is trying to reduce youth unemployme... |
Ethiopia: Ethio-China forum highlights capacity rise10 March 2017, Published under Cement NewsSpeaking at the opening on Wednesday of the three-day Ethio-China cement forum in Addis Ababa, Dr Alemu Sime, State Minister of Industry, said Ethiopia has raised its cement production capacity to 13Mta. Local demand is growing by 10 per cent annually, according to Dr Sime, and once domestic demand is met, Ethiopia will be exporting to its neighbours. The increase in cement production capacity has allowed Ethiopia to generate foreign currency earnings and implement mega infrastructure ... |
Dangote Cement27 February 2017, Published under Cement NewsDangote Cement is planning a number of new investments in Ethiopia, where it currently has a 2.5Mta plant, located in Mugher. Around US$19m is being spent on a new bagging plant with a capacity of 120m bags/year, which is due for completion by mid-2017. The company is also building a new silo at its Mugher works, which is expected to be completed in 3Q17. There has been talk of Dangote investing in a second production line at the plant although spare parts are proving difficult to source due... |
The world in 2016 and outlook for 201710 February 2017, Published under Cement NewsThis year will be a challenging year for the multinational cement companies, which are now faced by uneven economic performance in the emerging markets, combined with a new era of global political uncertainty that could further destabilise markets. On balance, however, global growth looks set to be anchored by positive trends in the major markets of China, India and the US, more than offsetting the poor performance elsewhere. The large cement majors have spent years diversifying their por... |
Ethiopia: Dangote to establish production line for cement bags01 February 2017, Published under Cement NewsAliko Dangote has used his meeting with the Prime Minister of Ethiopia to outline his conglomerate’s plans to increase investment in the country, the Ethiopian Herald reports. In a press conference following the meeting, Dangote told reporters that he planned to manufacture cement bags in Ethiopia. The bags currently used by the Dangote Cement operations in the country had to be imported, costing the firm millions of dollars. "We are also opening a very big factory to produce cement ba... |
China National Building Materials (CNBM)25 January 2017, Published under Cement NewsChina National Building Materials (CNBM) has successfully helped Ethiopia’s Mugher Cement convert its production lines from heavy fuel oil to coal. By constructing two coal mining systems with the capacity to crush 30,000tph of clinker, the plant has a new daily clinker production target of 5000t and has switched its reliance on imported heavy oil to domestically-supplied coal, reducing production costs. The US$39.2m project was reportedly crucial to increase quality, reduce production de... |
Ethiopia: Mugher Cement switches to coal16 January 2017, Published under Cement NewsThe Mugher cement project has replaced heavy fuel oil with coal at its 5000tpd plant. "The replacement was crucial to increase quality, reduce production delay and supply energy on a regular basis," said Project Manager Engineer, Mehari Alemu. " Apart from this, the new energy source significantly cuts the exaggerated cost for heavy fuel oil." "Currently the enterprise uses imported energy resource, and substitution will be made with local coal soon," added Alemu. |
PPC01 December 2016, Published under Cement NewsImproved cement sales in South Africa and growing volumes in Rwanda resulted in PPC reporting a 13 per cent increase in group cement sales in the six months ending 30 September 2016, compared to the previous six months. Revenue for the period came in at ZAR5.2bn (US$370m), compared to ZAR4.6bn in the six months ending 31 March 2016, representing an increase of 15 per cent. Revenue in the lime business advanced by six per cent while the company’s aggregates and ready-mixed operations recorded... |
Ethiopia: protesters start fires at Dangote plant05 October 2016, Published under Cement NewsA Dangote cement plant in the Ada Berga, Oromia region, was set alight by angry protesters on Tuesday. The protesters were angered by the death of at least 55 people in a stampede triggered by clashes between police and demonstrators at a religious festival held by the Oromo people on Sunday. Protesters claimed the stampede was a result of violence by the security forces, but the Prime Minister has denied that the security forces had opened fire. The government has declared three days of ... |