Cement News tagged under: Mali
Vicat can expect higher returns in USA and Brazil10 May 2019, Published under Cement NewsThis week Vicat announced its 1Q19 results with a positive turnover increase of 4.7 per cent to EUR600m. It is a good opportunity to take a closer look at this multinational and the strength of cement demand in some of the countries where it is operating. In France, where the company's headquarters are located, the market has been one of the key supports in Vicat's 8.1 per cent rise in turnover to EUR225m. The company cited favourable macroeconomic and industry conditions supported by high ... |
Dangote Cement26 June 2017, Published under Cement NewsProduction is due to start at Dangote’s new 1.5Mta cement grinding plant in Bouansa, Republic of Congo, this month, according to the company. The US$300m facility will take the country’s total cement production capacity to 2.55Mta along with Cimaf (0.5Mta), Sonocc (0.25Mta) and Forspal (0.3Mta). The works will also boost Dangote’s capacity across Africa to more than 40Mta. Construction is currently underway on a new 3Mta grinding plant in Côte d'Ivoire and two new plants have been announc... |
The Addoha Group's expansion continues23 December 2016, Published under Cement NewsCiments de l’Atlas (CIMAT) announced the recent opening of the new 0.5Mta Diago grinding plant in Mali, which will increase domestic cement production in the country by around 25 per cent . Mali has had to rely on cement imports from Senegal in the main to meet its domestic demand. It is expected that clinker imports will gradually start to replace bagged cement imports. Addoha Group-owned Ciments de L’Afrique (CIMAF) established its CIMAT subsidiary in 2007 and has since gone on to build... |
Mali: CIMAF opens 0.5Mta Diago plant21 December 2016, Published under Cement NewsLa Société Ciments de l’Atlas (CIMAT), part of the Ciments de l'Afrique (CIMAF) group, has inaugurated a new cement plant in Diago, Mali. The production facility was opened last Thursday in the presence of the President of the Republic, Ibrahim Boubacar Kéïta, who cut the symbolic ribbon at the main entrance of the factory in the southeast of the country, a few miles northwest of Bamako. The plant cost its Moroccan investors more than CFA24bn (US$38m). Equipped with state-of-the-a... |
New 1.5Mta cement plant for Mali19 September 2016, Published under Cement NewsMali's government and Gaia Equity Ltd have signed on 16 September a memorandum of understanding and an establishment agreement for the construction of a 1.5Mta cement plant in the country. The CFA200bn (US$330m) works will be built Guimbané, Diéma, in the Kayes region. The new plant is part of the government’s efforts to establish an industrial base in the country, according to the Minister of Industrial Development, Mohamed Aly Ag Ibrahim. “… it is a realisation of part of the vision of t... |
CIMAF starts construction of Mali plant24 February 2014, Published under Cement NewsMorocco’s CIMAF will build a new cement works in Mali – the company's seventh cement works in sub-Saharan after its expansion plans in Côte d’Ivoire, Guinea, Cameroon, Burkina Faso, Gabon and the Democratic Republic of Congo. A ceremony to mark the start of construction was held in the rural town of Dio, where the plant will be located. It is the second works to be sited in the area after the unit built by India’s Diamon Cements. The CIMAF works will have a capacity of 0.5Mta (with op... |
Senegal’s cement output impacted by Mali12 December 2012, Published under Cement NewsThe prevailing socio-political situation in Mali has had a negative impact on cement production in Senegal. In 3Q12, cement output in Senegal fell by 19 per cent QoQ, according to the Dakar-based Directorate of Forecasting and Economic Studies (DPEE). The situation in Mali resulted in an 11 per cent drop of local sales and a 5.7 per cent cut in exports during the period. YoY figures also show a six per cent contraction. ''However, accumulated over the first nine months of 2012, the pro... |