Cement News tagged under: Senegal
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. |
Senegal sales up 12% YoY11 February 2022, Published under Cement NewsCement sales in Senegal advanced 12.7 per cent MoM and by 11.9 per cent YoY in November 2021, according to its National Agency for Statistics and Demography (ANSD). Output from the plants of SOCOCIM, Dangote and Ciments du Sahel increased by 11 per cent MoM and by 20.7 per cent YoY in November 2021. Exports declined 5.6 per cent in November 2021 when compared with export shipments in October 2021 although YoY they were up 29.6 per cent. |
Sococim Industries selects Fives for new clinker production line20 January 2022, Published under Cement NewsFives FCB and Sococim Industries ( Vicat group ) have signed a contract for the supply of the new 6500tpd clinker production line at the Rufisque plant, Senegal. The Chairman of Sococim Industries, M Youga Sow, selected Fives’ engineering and equipment for this new installation. Highest flexibility and optimised energy efficiency For this new line project, Sococim Industries wanted to implement the best technologies and international standards to ensure the highest flexibility... |
SOCOCIM launches Climate Plan14 December 2021, Published under Cement NewsSenegal’s SOCOCIM has launched its “Climate Plan” to reduce its carbon footprint by opening a new production line at its Rufisque plant with a capacity of 10,000tpd. FIVES has been awarded the contract for the engineering and equipment. When completed the company’s low-carbon cement capacity will increase from 3.5Mta to 7Mta. SOCOCIM’s Climate Plan aims to reduce the company’s carbon footprint and enable the cement producer to gradually phase out the use of fossil fuels in cement production... |
CIMAF to expand capacity with IFC, Proparco and EAIF financing11 November 2021, Published under Cement NewsCIMAF will receive financial support from IFC, Proparco and the Emerging Africa Infrastructure Fund (EAIF) to help its drive for capacity expansion to meet the growing demand for housing and infrastructure in west Africa. IFC is providing a EUR161.25m financial package for CIMAF, which includes a EUR92.5m loan on its own account as well as a parallel loan of EUR33.75m from Proparco and a EUR35m B loan from the EAIF. The finance package will enable CIMAF to expand its existing cement grind... |
Senegal demand surges but exports fall in April28 July 2021, Published under Cement NewsThe Senegalese cement market expanded by 158.7 per cent in April 2021, according to the Agence Nationale de la Statistique et de la Demographie. However, domestic output declined by 9.9 per cent while export sales slipped by 3.5 per cent YoY in April 2021. |
Cement exports from Senegal drop 35% in February24 May 2021, Published under Cement NewsExports of cement from Senegal declined 35.3 per cent MoM in February 2021, according to the country’s national statistics agency, ANSD. When compared with February 2020, exports decreased 32.4 per cent. Domestic sales fell by eight per cent MoM in February 2021 while output from Senegalese cement plants was down by 6.5 per cent in the same period. When compared with the equivalent month of 2020, sales and output improved by 12.5 and 3.1 per cent, respectively. |