Cement News tagged under: Lafarge Africa
RIGA wins maintenance deals with Lafarge Africa09 January 2024, Published under Cement NewsRIGA has been awarded for two maintenance contracts with Lafarge Africa Plc in Nigeria for two cement plants. The first contract is for the Mfamosing Cement plant in Calabar City. The second maintenance contract is for second the Ewekoro Cement plant (64km from Lagos), also in Nigeria. |
Lafarge Africa reduces CO2 emissions through AF use10 November 2023, Published under Cement NewsLafarge Africa has reduced is CO 2 emissions from 595kg CO 2 /t in 2021 to 574kg CO 2 /t in 2022 through the use of alternative fuels and energy-efficient technologies. According to the company’s 2022 Sustainability Report, its global thermal substitution rate in 2022 stood at 13.5 per cent, compared to 9.4 per cent in 2021, reports This Day. Prince Adebode Adefioye, chairman, Lafarge Africa, said, “I am delighted to present Lafarge Africa Plc’s latest Sustainability Report, highligh... |
Lafarge Africa installs new bag filter technology01 September 2023, Published under Cement NewsAs part of its ongoing commitment to reducing the environmental impact of its operations, Lafarge Africa Plc has installed new bag filter technology at its Ewekoro plant. “We continuously upgrade our operating models and strategy through extensive investments in research and innovation,” said Rachael Ezembakwe, head of Health, Safety and Environment, Lafarge Africa Plc. “In order to comply with global standards and contribute to building a safer planet, we successfully replaced ou... |
Nigerian cement sector expands 16% YoY in 1H2307 August 2023, Published under Cement NewsThree of Nigeria’s leading cement producers have reported combined revenue of NGN1.37trn (US$1788m) in the opening six months of 2023, despite the challenging business environment. According to The Sun, Dangote Cement , BUA Cement and Lafarge Africa Plc ’s combined revenue marks a 16.1 per cent increase in the country’s cement industry sector compared to the same period last year. Combined profit after tax for the three companies also improved, up 2.5 per cent YoY to NGN277.7bn, of which... |
Lafarge Africa's Roadcem gets government approval in Nigeria06 July 2023, Published under Cement NewsLafarge Africa ’s road cement brand Roadcem has been approved for use by the Federal Ministry of Works and Housing in Nigeria. The product which is environmentally friendly increases the strength and bearing capacity of roads, reduces the thickness of the pavement structure, and modifies the chemical and mineral structure of soil materials. In Nigeria there is high variability in the quality of soil across the country. The use of traditional methods of excavating, placing and compacting ... |
Lafarge Africa launches Eco Label27 June 2023, Published under Cement NewsLafarge Africa Plc (part of Holcim ) has announced the launch of its Eco Label branding to help communicate the environmental benefits of its sustainable building solutions and build on the company’s net zero pledge. Eco Label represents a broad range of green cements for high performance, sustainability and circular construction, says the cement producer, Lafarge’s UniCem brand, which contributes about 23 per cent of the company’s entire volume, is now eco-friendly. Products that ar... |
Lafarge Africa appoints new CEO15 June 2023, Published under Cement NewsMr Lolu Alade-Akinyemi has been appointed group managing director/chief executive officer (GMD/CEO) of Lafarge Africa (part of Holcim ) with effect from 1 July 2023. Prior to this appointment, Mr Alade-Akinyemi was the company’s CFO and the supply chain director. He was appointed an executive director to the board on 8 April 2020. He has over 20 years of cross-functional experience in finance, supply chain, business development, and sales. According to the company, Mr Alade-Akinyemi i... |
Lafarge Africa launches its Ewekoro bagging plant04 May 2023, Published under Cement NewsLafarge Africa ( Holcim group ) has launched a bag manufacturing plant in Ewekoro , Nigeria. The plant features cutting-edge and state-of-the-art machinery and equipment, the first of its kind in the country. With an installed capacity of 105m bags, of which 8.8m will be produced monthly, the plant is designed to handle large-scale production of bags in a safe and efficient manner. In addition, this investment further drives Lafarge Africa’s sustainability agenda as it reduces the CO... |
Lafarge Africa 1Q23 sales up 1.3% YoY02 May 2023, Published under Cement NewsLafarge Africa has reported a 1.3 per cent YoY uptick in net sales to NGN91,821m (US$199.4m) in the opening quarter of 2023. Recurring EBIT over the same period was up 0.8 per cent to NGN22,239m, while the recurring EBIT margin remained steady at 24 per cent. Profit before tax improved by 4.7 per cent YoY to NGN22,481m, but profit after tax saw a 14.9 per cent decline to NGN14,935m. Free cash flow in the 1Q23 came in at NGN4659m, up from a loss of NGN5113m in the same quarter a year ea... |
Lafarge Africa sees net sales improve 27% YoY06 March 2023, Published under Cement NewsLafarge Africa Plc has reported a 27.3 per cent rise in net sales in FY22 to NGN373.2bn (US$812.9m), compared to NGN293.1bn in FY21. Recurring EBIT over the same timeframe advanced by 29.3 per cent to NGN84.2bn with the recurring EBIT margin moving from 22 per cent in FY21 to 23 per cent a year later. Earnings per share over the same period improved by 5.2 per cent from NGN3.17 to NGN3.33. Khaled El Dokani, CEO of Lafarge Africa, commented, “In 2022, we recorded 27.3 per cent and 29.3... |