Cement News tagged under: Togo

RSS feed

Cimtogo increases delivery prices

04 August 2022, Published under Cement News

From August, HeidelbergCement -owned Cimtogo will increase its delivery costs. "The commercial management has decided to revise upwards the delivery prices of our products throughout the territory in order to ensure the continuity of your activity in the best conditions", informs the note signed by the main directors of Cimtogo. The company will increase its distribution cost tariffs by 15 per cent at the Lomé and Kara plants from 1 August, said the company in a memo. The main reason ...

Soaring freight rates prompt cement sector reaction

29 October 2021, Published under Cement News

This week, we are taking a look at the rising costs of dry bulk freight and the resulting impact on the cement industry. Earlier this month, the Baltic Dry Index, a global indicator of bulk freight rates, reached 5670 , marking its highest level since September 2008. Dry bulk rates on the whole have been steadily rising with spot rates for large dry cargo ships, such as Capesize, topping US$80,000 a day in the opening week of October – up 50 per cent in just two weeks. Much of the ri...

Cimtogo raises price due to input price pressures

18 October 2021, Published under Cement News

HeidelbergCement subsidiary Cimtogo will increase its cement price by XOF6000/t (US$10.60), according to Republic of Togo. “This adjustment became necessary following a 250 per cent increase in fuels for the Scan Togo plant and an increase of more than US$35 per tonne in sea freight on gypsum and coal. In the current international context, it is no longer possible to maintain the old prices,” explained Eric Goulignac, CEO of Cimtogo on Saturday.

CimMetal to expand into Togo's cement market

21 April 2021, Published under Cement News

In September 2020 Cim Métal Group’s   CEO Inoussa Kanazoé started marketing cement from its Togolese subsidiary. Already active in Burkina Faso with CimFaso and Cimasso, as well as in Côte d’Ivoire with CimIvoire, CimMetal is now turning attention to Togo. The establishment of the Lomé plant with a cement capacity of 2.5Mta, representing an investment of CFA65bn (US$125m) , will see the installation of Gebr Pfeiffer milling technology. The Banque Ouest-Africaine de Développeme...

Togo's new 2.5Mta plant to open next September

12 March 2021, Published under Cement News

CimMetal has provided an update for its 2.5Mta new plant project in Togo. Preliminary works related to construction are now 65 per cent complete and the plant is expected to open in September 2022. The company is set to invest XOF65bn (US$118.26m) in the project, while CimCo also received XOF25bn of funding from the West African Development Bank. 

COVID-19 closes WACEM's Tabligbo plant

04 November 2020, Published under Cement News

The West African Cement plant (WACEM) has shut down its grinding plant in Togo for two weeks. The 1.8Mta Tabligbo plant has closed to halt the spread of COVID-19. The Ministry of Trade and Industry released an official statement saying: "On October 30, 2020, the national coordinator in charge of the response against COVID-19 informed me about an outbreak at the WACEM, a company located in the free trade zone." The plant is situated 80km from Lomé, in the Yoto prefecture. The lat...

Supplying Cimco’s new plant

26 October 2020, Published under Cement News

Earlier this year, Intercem and CimMetal Group signed an agreement for their fourth collaboration in west Africa, this time for a new 2.5Mta cement grinding plant in Togo. Under the name of Cimco SA, the new facility will be strategically situated at the port of Lomé and become the country’s largest grinding plant by capacity. By Intercem Group, Germany. General layout of Intercem’s 2.5Mta cement grinding plant for Cimco SA (CimMetal Group) in Lóme, Togo, with a VRM, raw material s...

CimCo to receive loan for Togo project

29 September 2020, Published under Cement News

Cimenterie de Côte Ouest-Africaine (CimCo) is expected to receive a XOF20bn (US$35.62m) loan from the West African Development Bank (BOAD) for its project in Lomé, Togo. The long-term facility was approved by the bank’s board of directors last Friday. "The targeted goal is to contribute to the satisfaction of cement demand in Togo and the region by taking advantage of the geographic location of the port of Lomé, as well as to contribute to the country’s economic growth by boosting the comp...

The last iceman in west Africa

28 September 2020, Published under Cement News

Dr Michael Clark takes a look at the history of the cement industries in Côte d’Ivoire, Burkina Faso and Togo, which have each seen an influx of new capacity surplus to demand.  Regarding the strategy behind the companies investing in new facilities, it could be a case of defending market share in a hugely competitive environment. HeidelbergCement’s clinker plant in Tabligbo, Togo The inspiration for this month’s Technical Forum came from the CemNet webinar held on Wednesday, 3 ...

ScanTogo and CimBénin donate EUR39,636 to biosphere reserve

01 May 2020, Published under Cement News

ScanTogo and CimBénin (HeidelbergCement group) have donated EUR39,636 to support a project for the Sustainable Management of Biodiversity in the Mono Transboundary Biosphere Reserve, on the border of Benin and Togo. The two cement producers hope the donations helps to safeguard the reserve having launched the project to raise funds on 10 February 2020. "The biological diversity of the Mono Reserve is increasingly threatened by population growth and growing pressure on natural resources. ...