Cement News tagged under: Liberia

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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...

Dangote Cement to invest in Liberia

20 March 2012, Published under Cement News

Dangote cement is planning to invest over US$35m in the west African country of Liberia through its Dangote Cement Liberia subsidiary, Aliko Dangote, group president and CEO, signed a memorandum of understanding with the Liberia government at the head office of the National Port Authority on Friday. The Dangote Group has previously outlined plans to build a 0.5Mta import terminal in Monrovia which is the main commercial port facility in the country. Signing on behalf of the Liberian...

Dangote Cement – Africa market expansion

20 February 2012, Published under Cement News

Dangote Cement, Africa’s biggest producer of the building material, last week inaugurated its Ibese plant in southwestern Nigeria. The occasion marks a significant milestone for Nigeria, as the country moves closer to becoming a net exporting nation – something that was inconceivable even five years ago. Meanwhile, Dangote Cement continues to expand its domestic production base with major new announcements, and reasserts plans to become a major global force in the cement sector. The compa...