Cement News tagged under: Ghana

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President of Ghana to lay foundation stone for new plant

14 August 2017, Published under Cement News

President Nana Addo Dankwa Akufo-Addo of Ghana will tomorrow lay the foundation stone a new grinding plant for CBI Ghana at the Tema Free Zones Enclave. When complete, the CBI Ghana plant will produce premium cement under the brand name, Supacem. "We intend to produce and supply high-quality Supacem cement to Ghanaian builders and stabilise cement supply for all required grades in Ghana,” Managing Director, Frédéric Albrecht, told the Business and Financial Times. Supacem will launch w...

China National Building Materials (CNBM)

26 June 2017, Published under Cement News

This month saw the Chinese government commit US$2bn to Ghana’s ‘One District, One Factory’ programme, an initiative designed to establish at least one viable factory in all 216 districts in Ghana as part of a drive to provide jobs and transform the country’s economy. Under the funding facility agreement, China National Building Materials and Equipment Import and Exports Corporation (CNBM) will provide up to 85 per cent of the financing of viable projects recommended by the ‘One District, One...

CIMAF: Tema’s new terminal

08 March 2017, Published under Cement News

CIMAF Ghana’s new grinding plant in Tema, Ghana, marks the latest step in the company’s rapid expansion as a pan-African cement producer. ICR reports on this modern facility located in one of Africa’s brightest markets. By ICR Research, UK, and CIMAF Ghana Ltd, Ghana. The new Tema plant is the latest step in CIMAF’s expansion in Africa On 1 December 2016, Ghanian President John Mahama inaugurated CIMAF Ghana Ltd’s new grinding plant in Tema. This E60m investment marks the latest...

Dangote Ghana’s biggest taxpayer of 2016

20 January 2017, Published under Cement News

The Ghana Revenue Authority has recognised Dangote Cement as being the single largest taxpaying entity in the country, Business Ghana reports. The firm paid taxes and duties totalling GHS150m (US$35.5m) over the past year. “The payment of our taxes demonstrates our commitment to making a significant contribution to the growth of Ghana’s economy. We are looking at continuing this feat in future by expanding our operations to meet the needs of our customers in the country and creating mo...

Ghana: Diamond cement fears staff lay offs

05 December 2016, Published under Cement News

Diamond Cement is still considering its decision to lay off 50 per cent of the company’s staff over reports that it cannot sustain its operations, according to Citi Business News. Diamond cement has announced plans to reduce its staff strength by half by the end of November 2016. “We have not started laying off any of the real staff; we are now considering the situation. If nothing changes, then we will undertake the redundancy exercise,” the General Manager for Diamond Cement, Tati Ramara...

Ghana: CIMAF plant opens for business

02 December 2016, Published under Cement News

Ghanaian president John Dramani Mahama has officially opened his country’s newest cement plant, a 1Mta grinding facility owned by CIMAF, according to a report in Ghana Business News. The President – who is seeking to retain power in this month’s elections – called on the company to direct a substantial share of its profits to improving the socio-economic development of the country and the lives of its ordinary citizens. Anas Sefrioui, president of the CIMAF Group, said the Tema plant c...

Ghana: Chinese vessel accused of smuggling allowed to offload cargo of cement

02 December 2016, Published under Cement News

Authorities at the Ghanaian port of Tema have allowed a Chinese-registered vessel – the Guo Tou 106 – to offload 5000t of bagged cement, having previously accused the crew of attempting to smuggling the cargo into the country, Ghanaweb reports. The vessel was originally allowed to berth at Tema port on 19 November, but irregularities with the ship’s manifest led to suggestions that the crew was attempting to import cement without a licence. Since then, the proper licence has been obt...

Ghana: authorities accuse Chinese ship of smuggling cement

23 November 2016, Published under Cement News

Ghanaian customs officials have prevented a Chinese-registered vessel – the Guo Tou 106 – from offloading bagged cement at Tema port for which it had no import licence, the Chronicle newspaper reports. According to the article, the ship’s owners had initially told the Ghana Ports and Harbours Authority that its cargo was steel products, but at a subsequent meeting the crew admitted that they were transporting other items, including bagged cement. The ship has been allowed to offload th...

Ghana: Union calls on Government to protect local cement industry

15 November 2016, Published under Cement News

Dr Ekwow Spio Garbrah, Ghana's Trade and Industry Minister, is being encouraged by the Industrial and Commercial Workers’ Union (ICU) Ghana to take immediate action to defend the local cement industry. Solomon Kotei, the general secretary of the union, called on the government to immediately "as per Legislative Instrument 2240, put a regulation on quotas and sign and clear the license approval process with the Cement Monitoring Committee." Cement producers grievances include: "under d...

Ghana: Western Diamond Cement plant inaugurated

07 November 2016, Published under Cement News

President John Mahama inaugurated the new 1Mta Western Diamond Cement plant at Bokro on 4 November.  He said the decision of Western Diamond Cement to set up an ultra-modern cement factory in the western region will attract more investors into the country. Speaking at an inaugural ceremony of the factory in Bokro in the Ahanta west district, President Mahama said the US$50m plant is an indication of economic growth in Ghana. According to him, the plant is confirmation that Ghana is a con...