Cement News tagged under: Senegal
Dangote Cement's corporate social responsibility work gains recognition03 March 2023, Published under Cement NewsDangote Cement has scooped a number of awards in Zambia and Senegal in recognition of its corporate social responsibility actions. In Senegal the Conseil National du Patronat (CNP) acknowledged the cement producer's local subsidiary for planting hundreds of trees to mitigate against desert encroachment in various parts of the country, reports The Day Live. Meanwhile, in Zambia, Dangote’s Ndola subsidiary picked up the Best Community Social Impact Award for Youth Development in recog... |
IFC invests EUR242m in Sococim Industries28 February 2023, Published under Cement NewsThe International Finance Corporation (IFC), the investment arm of the World Bank, has confirmed that it is investing EUR242m in Senegal-based cement producer, Sococim Industries , to help boost low-carbon cement production. Sococim, a subsidiary of Vicat , will receive a EUR120m loan from IFC's own account and EUR122m equivalent in local currency from Société Générale Sénégal and other lenders, reports Reuters. Around EUR215m of the financing will be earmarked for green activities, sai... |
IKN commissions Kirene clinker cooler13 February 2023, Published under Cement NewsA new IKN clinker cooler was successfully commissioned at Ciments du Sahel ’s Kirene plant near Dakar, Senegal, end of January and met all customer’s expectations on mechanical and performance issues. A single grate cooler, equipped with a four rolls roll crusher at the cold end is designed for production of 6000tpd of clinker. IKN’s process engineer was on site to supervise the start-up of the cooler and perform training sessions on cooler operation. Upon his departure, all cooler compo... |
CIMAF orders MVR mill from Gebr Pfeiffer23 January 2023, Published under Cement NewsCiments de l’Afrique (CIMAF) has ordered an MVR vertical roller mill from Gebr Pfeiffer for its plant at Keur Moussa, Senegal. This marks the first such mill to be installed in the African country. The vertical roller mill of the type MVR 5000 R-4 will be used for raw material grinding. It will be equipped with a latest generation SLS 4000 VR classifier and will grind 470tph of cement raw material to a fineness of 12 per cent R to 0.09mm. West Africa has experienced strong growt... |
SOCOCIM Industries to arrange IFC loan for Kiln 6 project12 December 2022, Published under Cement NewsSenegal-based SOCOCIM Industries (VICAT group) is organising a debt facility with the International Finance Corporation (IFC) to construct a high fuel-efficient Kiln 6. The total project cost is expected to be up to EUR260m. IFC’s financing consists of up to EUR120m IFC A-loan and up to EUR120m equivalent in parallel loans. The investment includes the equipment for a complete clinker line , quarry crusher and associated conveyors, pre-stocking hall, raw grinder, fuel preparation works... |
Dangote Cement Senegal incinerates narcotics worth US$40m09 December 2022, Published under Cement NewsDangote Cement Senegal incinerated 300kg of cocaine at its Pout cement plant at the request of the defence and security forces on 3 December 2022. The governor of the Thiès region, Alioune Badara Mbengue, presided over the incineration ceremony of the drugs which were valued at CFA25bn (US$40.1m). The narcotics were seized on 29 October in Kidira (Senegal-Mali border) by Senegalese customs. The operation, which took place under heavy police protection, ended at 11:30am, follow... |
Dangote sees revenue advance 15% YoY in 9M2201 November 2022, Published under Cement NewsDangote Cement has reported group revenue of NGN1177.3bn (US$2.68bn) in the first nine months of 2022, up 15.2 per cent YoY. Group EBITDA over the same period advanced by 0.2 per cent to NGN515.9bn, with an EBITDA margin of 43.8 per cent. Profit after tax fell 23.4 per cent YoY to NGN213.1bn, mainly due to exchange losses from the depreciation in the CFA and cede. Group sales volumes in the 9M22 came in at 20.8Mt, down 6.2 per cent YoY. “To mitigate the impact of significant increase in ... |
Cement price in Ziguinchor falls to XOF88,00027 September 2022, Published under Cement NewsThe Regional Consumer Council (CRC) of Ziguinchor (South), Senegal, set the sale price of cement at XOF88,000 (US$129.81)/t following a meeting with stakeholders. A bag of cement will be sold at XOF4400/t. The new price, which represents a XOF2000 decrease, will be applied through the Ziguinchor region and first displayed in the various cement distribution locations, according to Ousmane Ka, head of the regional trade department. |
Dangote Cement's regional volumes fall by 11% in 1H2203 August 2022, Published under Cement NewsDangote Cement 's pan-African volumes reduced by 11 per cent to 4.9Mt from 5.5Mt in the 1H22 due to increased supply chain challenges and maintenance activities. The best-performing markets for the group were Ethiopia, Senegal and Tanzania. Ethiopia is one of the largest markets for Dangote Cement outside of Nigeria. The market remains short of supply as most plants are operating at very low capacity. Ethiopia's total market for cement was appproximately 2.7Mt in the first six mon... |
Senegalese cement sales see 6% upturn in January11 April 2022, Published under Cement NewsIn January 2022 Senegal’s cement market expanded 8.9 per cent when compared with December 2021 and 6.2 per cent when compared with January 2021, says the country’s National Agency for Statistics and Demography (ANSD). Export sales declined 31.7 per cent MoM and 18.1 per cent YoY in January 2022. |