Cement News tagged under: West Africa
Manufacturers to offer discounted cement for Nigerian housing project04 January 2021, Published under Cement NewsNigeria’s cement manufacturers have agreed to discount cement prices for the construction of houses under the federal government’s Economic Sustainability Plan (ESP). "They have agreed to give cement for this project at a considerable discount which is a very helpful thing to do and we really commend and thank them for the contributions they are making, it is a very patriotic thing on their part. They also see the importance of this Mass Housing Programme," said Yemi Osinbajo, the country's... |
Mfamosing plant is presented with MANCAP product quality certificates30 December 2020, Published under Cement NewsThe Standards Organisation of Nigeria (SON) has presented the Mandatory Conformity Assessment Programme (MANCAP) product quality certificates to Lafarge Africa Plc, Nigeria's operations. The presentation comes after products from the company's Mfamosing plant satisfactorily met confirmatory and standardisation requirements set by SON. While presenting the certificates, Mallam Farouk A Salim, Director General of SON, said: "Lafarge products at the Mfamosing plant were awarded the ... |
BUA and Sinoma sign US$1.05bn project agreement23 December 2020, Published under Cement NewsNigerian cement producer BUA Cement Plc has signed an agreement with Sinoma CBMI of China to build three new cement plants with a capacity of 3Mta in Edo, Sokoto and Adamawa states. The 9Mta expansion project is estimated to cost around US$1.05bn and will bring BUA Cement’s total capacity to 20Mta, reports This Day. The new plants are in addition to the company’s 6Mta facility in Edo, the 3Mta works in Sokoto state and the 3Mta plant in Adamawa state, which is expected to be inaugurated in... |
Aumund completes 75,000t silo order for LafargeHolcim Côte d'Ivoire23 December 2020, Published under Cement NewsAumund France has supplied a complete solution package to LafargeHolcim Côte d’Ivoire for clinker discharge from a new silo with a capacity of 75,000t, and commissioned the equipment in the summer of 2020, despite restrictions caused by the coronavirus pandemic. LafargeHolcim Côte d’Ivoire had placed a large order with Aumund Sarl for its plant in Abidjan, the largest metropolitan area of the country. The supply consisted of the silo, two Aumund Pan Conveyors type KZB with 10 Gravity Disc... |
Aumund Group wins Sinoma order for Les Ciments du Sahel22 December 2020, Published under Cement NewsSinoma International Engineering and its affiliated CBMI Construction are building a new cement plant for Les Ciments du Sahel in Senegal, which will be almost completely equipped with conveying solutions from the Aumund Group. The order was the result of successful teamwork between Aumund France and Aumund China, and comprises more than 60 machines. The equipment will operate in all stages of the production process, from raw materials discharge to conveying between the clinker silo an... |
Dangote Cement set to begin share repurchase scheme22 December 2020, Published under Cement NewsNigeria’s Dangote Cement is planning to begin a share buyback programme, starting with a first tranche of 85.2m shares or 0.5 per cent of the total in issue. The purchase is set to take place on 30 December. It is Nigeria’s first company to undertake a share buyback, as previous attempts failed due to fears that the process may be abused. The repurchase plans are not expected to exceed 10 per cent of its issued capital. The shares being purchased will be held as treasury shares and could... |
Nigerian cement price hike causes concern for building standards16 December 2020, Published under Cement NewsThe Nigerian Institute of Building (NIOB) has said the significant rise in cement prices in the country and the low purchasing power of Nigerians may result in a danger to building construction standards, according to This Day. The institute has therefore called upon the government's intervention. Cement prices recently increased from around NGN2600/50kg (US$6.86) to NGN3500/50kg. The NIOB has stated that the price increase could exacerbate an already volatile and precarious situation. Th... |
Dangote Cameroon sells 1Mt of cement in the 9M2020 November 2020, Published under Cement NewsDangote Cameroon has announced that it sold around 1Mt of cement from its 1.5Mta grinding plant in the first nine months of 2020, up 18 per cent YoY from the 9M19. The company has estimated that it had a 39 per cent market share during the period. The rise in demand has been attributed to increased investments in construction projects. “The market is primarily driven by individual construction projects and government housing estates,” said the company. |
Community petitions Dangote for payment of land ownership entitlements19 November 2020, Published under Cement NewsMembers of the Ijako-Orile community in the Yewa North area of Ogun State, Nigeria, have staged a peaceful protest, urging for the payment of their ownership entitlements to the land on which the Dangote Cement factory is situated in Ibese, according to This Day. Representatives of the community have also submitted a letter of appeal to the president of Dangote Cement, Alhaji Aliko Dangote, over the issue. In their petition, the Ijako-Orile community say they own the land upon which the f... |
Dangote allowed to resume overland exports11 November 2020, Published under Cement NewsNigeria’s government has allowed Dangote Cement to resume exports across the country’s land borders, reports Bloomberg. The step has raised expectations that the country may be opening up trade with its neighbours again. Land borders have been closed for over one year as authorities curbed smuggling and wanted to boost local production. While it encouraged the consumption of locally-grown produce such as rice, factories across west Africa have been impacted by the closure. The regime of ... |