Cement News tagged under: Ghana

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Fears Ghana's cement price will climb above GHS60/bag

02 September 2021, Published under Cement News

Ghana's cement price is likely to continue rising and could surpass GHS60/bag (US$9.94) by the end of the year if some taxes and levies are not scrapped, say cement producers. In the last seven months cement prices in the country have risen three times, amounting to a 27 per cent rise and pushing retail prices to GHS50/bag.Manufacturers have had no choice but to absorb a lot of the costs to keep cement prices at their current level.   Raw material prices continue to rise and the scarc...

Ghacem plans construction of new 1.5Mta plant

09 August 2021, Published under Cement News

Ghacem is preparing to begin construction for a new 1.5Mta plant in Kumasi, Ashanti region, which will serve the region and its surrounding areas. The MD of the Ghana-based company, Stefano Gallini, noted that the project is related to surging demand in that part of the country. Its Tema and Takoradi plants will also be expanded to improve efficiency, according to reports. The new project represents an investment of around US$100m and is expected to export products to Burkina Faso and ot...

Ghana's EPA shuts down operations at Empire Cement

28 June 2021, Published under Cement News

Ghana’s Environmental Protection Agency shut down the operations of Empire Cement on Friday after it began operations without a permit, according to the Ghana News Agency. The company was reportedly provided with an interim permit to manufacture packaging but entered into cement production. Workers at the factory stated that they were not aware that it did not have a permit.

Ghana cement plant construction could be halted by injunction

14 June 2021, Published under Cement News

President of the McCarthy Hill Residents Association, Eddie Quaynor, has disclosed the association will take out an injunction to stop the new construction of the new Empire cement factory in South McCarthy Hill, Ghana, if authorities do not ensure its closure.   The McCarthy Hill Residents Association recently held a press conference to protest against the location of a cement factory at South McCarthy Hill along the main road leading to Weija. Mr Quaynor informed that several petition...

Dzata Cement set to begin operations at 1.2Mta plant

12 May 2021, Published under Cement News

Ghana-based Dzata Cement is expected to begin cement production next month at its facility in Tema. Representing an investment of more than US$100m, the plant is expected to produce 1.2Mta in its first phase. "What I can say is that we are bringing the highest quality of cement into the market and with the expectation that it will stabilise the supply and pricing as well," said Philip Archer, managing director. "The first phase which we are seeing will be giving us more than 1Mt per year...

Bedeschi to equip Port of Takoradi with shipunloading technology

19 April 2021, Published under Cement News

Bedeschi has been awarded a major contract in Ghana. The scope of works include the design, procurement, manufacturing, supply, construction, supervision to installation, testing and commissioning and staff training for the cargo handling equipment in the Port of Takoradi. The scope of the project is the supply of handling equipment and services for bauxite and manganese in export and clinker in import. Bedeschi will supply five conveyor belts for a total average length of 3km, two shiplo...

Cement prices rise in Ghana

29 March 2021, Published under Cement News

Cement prices in Tamale, Ghana, have risen amid reports of a cement shortage, according to Ghana News Agency. Ghacem and Dangote Cement brands are being sold at GHS50 (US$8.68)/bag while Diamond Cement and other brands are currently around GHS48/bag, up from GHS47 and GHS45, respectively. Construction companies in the region are expected to pay the higher prices for the limited stock to complete their projects before the rainy season begins.

Ghana reports cement price increase

09 March 2021, Published under Cement News

Ghana has reported a small rise in cement prices due to an increase in the cost of imported clinker in recent days. A bag of cement which was earlier sold for GHS38 (US$6.62) is now being sold for GHS41, according to GhanaWeb. "There has been a price hike because of certain challenges which industry players are facing while importing the major raw material called clinker which is used to produce cement. We don’t have it here and it is a very small quantity that we are able to get locally,"...

Lafarge Africa to sell 35% stake in Ghana operations

25 January 2021, Published under Cement News

Following an emergency meeting of its Board of Directors, LafargeHolcim-owned Lafarge Africa Plc reached an agreement to offload its 35 per cent holding in Ghana-based Continental Blue Investment after years of loss-making. The step is the second major divestment in less than two years after Lafarge Africa’s US$316m sale of its South African subsidiary in July 2019. Proceeds of this deal went to settling Lafarge Africa’s debt to Caricement BV in a debt-to-equity swap, improving the company...

Supacem opens doors to Ghana's armed forces

07 October 2020, Published under Cement News

Ghana's armed forces have been given a special a tour of the Supacem cement factory in Tema, Ghana. The army was visiting the facility after the cement company donated 850 bags of cement to the armed forced earlier this year. Supacem (LafargeHolcim) has donated 2400 bags of cement to security institutions in the country as part of its corporate social responsibility. The institutions include Ghana's Armed Forces, Ghana's Police Training School and Ghana's Prison Service at the Awutu Breku p...