Cement News tagged under: Senegal
Senegal cement price rises cut short19 October 2018, Published under Cement NewsSenegal’s Minister of Commerce, the Informal Sector, Consumption and SMEs, Alioune Sarr, has frozen the ceiling for cement prices to their previous levels, according to a press release by the ministry. "As a result, all cement plants located in Senegal are invited to comply with the new regulatory provisions pending the results of evaluations provided by its services. In any case, the services of the Directorate of Internal Trade will ensure the strict application of the regulations,” the ... |
Senegal sees 5% rise in output in 7M1803 October 2018, Published under Cement NewsSenegal’s cement production increased by 188,500t, or 47.3 per cent to 587,300t in July 2018 when compared with July 2017 when 398,800t was produced, according to data compiled by the country’s cement plants. MoM output increased by 5.8 per cent from 555,000t in June 2018. In the first seven months of 2018, output rose 4.8 per cent to 4,133,400t, up from 3,944,900t reported in 7M17. The rise has been attributed to a 31 per cent increase in domestic sales to 2,879,700t (7M17: 2,198,700t). Ex... |
Senegal cement price sees 10% hike31 May 2018, Published under Cement NewsCement prices in Senegal have been rising by XOF5000/t (US$8.93/t) in the last fortnight. The ex-works price of 32.5-grade cement has increased from XOF50,800/t to XOF55,800/t while for 42.5-grade product the current ex-works price is XOF60,400/t, up from XOF55,400/t. The price rises have been attributed to a new tax imposed by the Senegalese government. It follows a XOF3000/t price hike in January 2017. |
Senegal cement production up 6% in 1Q1818 May 2018, Published under Cement NewsCement production in Senegal increased by 97,500t in the first quarter of 2018. Sococim and Ciments du Sahel produced 1.832Mt of cement, up 5.6 per cent when compared with the 1.734Mt manufactured in 1Q17. The figures do not include output at Dangote Sénégal’s 1.5Mta plant in Pout. Output in 1Q18 was driven by higher domestic sales, which advanced by 50.6 per cent to 1.279Mt from 0.848Mt in 1Q17. Exports fell 37.1 per cent to 564,900t from 898,200t in the year-ago period. |
Third line finance for Ciments du Sahel23 March 2018, Published under Cement NewsThe West African Development Bank has approved a XOF25bn loan to help fund a third production line at Ciments du Sahel’s plant in Kirène, near Rufisque, Senegal. The new integrated line will have a capacity of 2.7Mta and increase current capacity at the plant to 5.9Mta. Currently, Dangote Industries Senegal is building a 1.5Mta expansion at its 1.5Mta Pout works. When both projects come to fruition, Senegal’s total cement capacity will rise to 12.4Mta. Domestic cement demand is ex... |
Senegal production rises in 4M1718 July 2017, Published under Cement NewsSenegal’s cement production during the first four months of 2017 showed a slight increase of 2.5 per cent, compared to the same period in 2016, African Press Agency (APA) News reported citing the Directorate of Forecasting and Economic Studies (DPEE). According to DPEE, which relies on data from two cement plants (Sococim and Ciments du Sahel) out of the three existing in the country, cement production increased to 2.27Mt at the end of April 2017, representing an increase of 56,300t in abs... |
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... |
Senegalese cement output up 10%25 May 2017, Published under Cement NewsCement production in Senegal jumped 10.3 per cent in March when compared with March 2016, according to the Ministry of Economy, Finance and Planning. Total output reached 609,800t in March, up from 552,700t in the equivalent period of the previous year. MoM the increase was 6.9 per cent from 570,300t in February 2017. |
Dangote Cement delivers strong financial performance02 May 2017, Published under Cement NewsDangote Cement reported a strong financial performance in 1Q17 despite a fall in volumes, with record revenues which were up by 48.1 per cent to NGN208.2bn (US$679.6m) and record EBITDA of NGN103.bn, up 42.3 per cent. “Dangote Cement produced record financial results in the first three months of 2017. Despite lower Group volumes, we delivered significantly higher revenues and EBITDA after realigning prices late in 2016. Our new pricing strategy meant every tonne worked harder for us in Ni... |
SIka establishes Senegal subsidiary27 April 2017, Published under Cement NewsSika is expanding its presence in west Africa by establishing a new subsidiary in Senegal – following those in Nigeria, Côte d'Ivoire and Cameroon. A local production facility for concrete ad-mixtures is already being planned, which will subsequently be expanded to include mortar products. The company has a strong presence in Africa with 19 national subsidiaries and 17 factories. Paul Schuler, Sika Regional Manager EMEA, commented: “We are positioning ourselves early in emerging market... |