Cement News tagged under: Ghana

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Ghana: cement prices rising

26 June 2013, Published under Cement News

Cement prices in Ghana have been rising by the day with retail prices currently around GHS274 (US$136). Ex-factory prices are cheaper than retail prices so the tariff posted at the Ghacem (HeidelbergCement) plant on 24 June indicated that a bag of cement costs GHS260 (US$129), effective 20 June 2013, when buying 1000 bags or above. For orders of 100+ bags only the price rises to GHS265 (US$132), according to a local reporter. Ghana has imported mainly from Senegal, but these shipment...

Western Diamond Cement Ltd secures project loan, Ghana

10 May 2013, Published under Cement News

Stanbic Bank has closed a US$20.15m loan deal with Western Diamond Cement Ltd, part of the West African Cement SA (WACEM) Group, to build a cement production plant in the western region of Ghana. T he 1Mta cement factory will be located at Egyam Bokro near Takoradi and production is scheduled to start in 2014. Speaking at a signing ceremony in Accra, the Chairman of WACEM Group Manubhai Jethabhai Patel said the Group is committed to developing the natural resources of countries they o...

HeidelbergCement expands capacity in Ghana

12 March 2013, Published under Cement News

HeidelbergCement is constructing a new cement mill with an annual capacity of 0.8Mta at its grinding plant in the port city of Takoradi. The investment of US$30m also includes the construction of a new clinker and a new cement silo as well as the installation of new cement bag packing and dispatch facilities. In November 2012, HeidelbergCement inaugurated a new 1Mta cement mill at its grinding plant in Tema some 25km east of the capital city of Accra. “The construction of the new cemen...

Dangote calls for limestone allocation to invest in Ghana

22 January 2013, Published under Cement News

Dangote Cement has said it is yet to receive a limestone allocation from the government of Ghana to invest in local production. The Nigerian cement major is instead having to bag cement produced in Nigeria for distribution on the Ghanaian market. “If we get limestone today, within 24 months we will be producing,” Alhaji Tajudeen Sijuade, Vice Chairman of Dangote Cement Ghana Limited, told told press at the company’s plant in Tema terminal in Ghana where tonnes of finished cement are bagge...

West Africa: Dangote Cement to meet demand

10 January 2013, Published under Cement News

With the rising concern of unavailability of cement during certain times of the year in Ghana and the rapid infrastructure development of many economies in Africa, especially the sub region, Dangote has positioned itself to meet the supply needs of estate and private home developers. “We are expanding the capacity of the Ibese plant, which already has two mills which produce a total of 6Mta, with two more units of mills and storage capacity for clinker to produce 12Mta. This will be big en...

Ghana: Ghacem makes cement donation

31 December 2012, Published under Cement News

The Ghacem Cement Foundation (GCF) has given 17,500 bags cement to communities in the Northern Sector of Ghana to help boost infrastructural development. The donation, which took place last Friday in Tamale, formed part of the last two distributions by the foundation, this year. The Southern Sector, which comprises the Western, Central, Greater Accra, Eastern and Volta regions, was the first to receive the cement at a ceremony held in July, this year at Cape Coast. Delivering the keynote a...

HeidelbergCement commissions new grinding plant in Ghana

04 December 2012, Published under Cement News

HeidelbergCement has commissioned a new cement mill with a 1Mta capacity at its Tema cement grinding plant in Ghana. HeidelbergCement’s new 1Mta grinding mill in Tema, Ghana Ghacem, a subsidiary of HeidelbergCement, operates two cement grinding plants in the coastal cities of Tema and Takoradi, Ghana. With the commissioning of the new mill, Ghacem has increased its cement grinding capacity to 3.7Mta. Capital expenditure for the new project amounted to €16m. With around 300,00...

HeidelbergCement increases revenue and operating income

08 November 2012, Published under Cement News

German cement major HeidelbergCement has reported increases revenue and operating income in for the third quarter 2012 driven by cost savings and price increases and announced significant reduction in net debt. Group revenue in the 3Q12 rose by 8.9 per cent to €3944m, driven by increasing prices, and a favourable development of exchange rates. Positive exchange rate effects supported the development of revenue particularly in North America, Asia-Pacific, as well as Western and Northern Eu...

Ghana: Government backs pozzolana cement

22 August 2012, Published under Cement News

New schools and housing units in Ghana are to be built with pozzolana cement after the government signed an agreement with Pozzolana Ghana Limited (PGL). The Architecture Engineering Service Ltd (AESL), State Housing Company and SADA are spearheading the initiative and have signed a Memorandum of Understanding to execute government projects with proportional pozzolana cement, Vivek Garg, PGL managing director, told the Ghana News Agency. He said PGL was transporting thousands of bags of p...

Ghacem to commission new mill by year-end, Ghana

17 July 2012, Published under Cement News

Ghana’s leading cement producer Ghacem is to commission an additional 1Mta mill this year at its Tema Factory in November this year, according to the company’s managing director Morten Gade. Speaking at the company’s 2011 Workers Performance Appraisal Awards Ceremony, Mr Gade said that last year Ghacem produced 2.55Mt of cement and, of which its Tema plant accounted for 1.3Mt and the Takadori plant 1.25Mt. A new 1Mta mill will also be constructed at the Takordori works in 2013, Mr Gade no...