Cement News tagged under: West Africa
Dangote opens mega warehouse in Nigeria03 July 2018, Published under Cement NewsDangote Cement Co has inaugurated its mega warehouse in Imo State, Nigeria. The warehouse was officially opened by Governor Rochas Okorocha and the president of Dangote Group, Alhaji Aliko Dangote. "Dangote Cement has sold more cement in Imo State than it has done in any other part of the country because of the infrastructural revolution going on in the state. Imo State today is a new state," said Mr Okorocha. This follows Adeyemi Fajobi, national sales and distribution director, announc... |
Ibeto Cement signs deal to receive US$850m in funding29 May 2018, Published under Cement NewsNigeria’s Ibeto Cement Co Ltd has signed a deal to receive US$850m in financing from Milost Global Inc, according to the New York-based private equity firm. The binding agreement includes US$500m in equity and US$350m of debt. The chairman of the Ibeto Group, Cletus Ibeto, has announced the company’s plan to grow beyond west Africa through the acquisition of other cement businesses within the next 12 months, according to Milost Global. The cement producer is currently developing two cement ... |
LafargeHolcim Algérie targets 5Mt of exports to west Africa16 March 2018, Published under Cement NewsFollowing its first export shipment of cement to Gambia in December 2017, LafargeHolcim Algérie plans to export 5Mt of cement to west Africa by 2020, according to Serge Dubois, the company’s communications director. Exporting "cannot be done without the mobilisation of public authorities,” Mr Dubois said. “The State is speeding up the signing of the association agreements with the ECOWAS countries, and it is the only market available and within reach of the Algeria, especially as that of ... |
Guinée Industries Ciments selects KHD’s COMFLEX technology27 March 2017, Published under Cement NewsGuinée Industries Ciments (GIC) awarded KHD Humboldt Wedag a new contract to upgrade its cement grinding plant located in the capital city Conakry, Guinea. GIC will integrate a COMFLEX® system into their existing ball mills. The system will mark the third COMFLEX system with roller press technology in West Africa. With the latest COMFLEX system, GIC will increase the capacity of its cement grinding line by more than 100 per cent and save over 20 per cent in operational energy costs per tonn... |
Lafarge Algeria to export clinker from 201823 February 2017, Published under Cement NewsLafarge Algeria is preparing to export grey clinker from its local plants from 2018. The group already exports white cement from its Oggaz plants in the Mascara wilaya. "It is part of government policy to promote exports. There will be cement overcapacity in late 2017 compared to all the projects that are launched. We are preparing with other (cement manufacturers) to be able to export clinker from 2018, "says Serge Dubois, PR director at Lafarge Algeria. However, he emphasised that “c... |
West Africa powers up04 July 2016, Published under Cement NewsWest Africa’s booming population and economic development are expected to fuel cement consumption in the long term and the region’s prospects look bright. However, as the regional cement sector rapidly builds production capacity to keep pace with anticipated demand, challenges remain for the industry, including inflation, lower oil receipts and power shortages. By ICR Research, UK. Ghana: HeidelbergCement's Tema plant keeps production rolling West Africa’s population is set to m... |
Dangote Cement appoints two regional CEOs01 October 2015, Published under Cement NewsDangote Cement has appointed two new Regional Chief Executive Officers (RCEOs) to lead its Nigeria and West and Central Africa divisions. Arvind Pathak has been named the new RCEO of Nigeria while Vivek Chawla is the new RCEO for West and Central Africa. Mr Chawla has over 30 years of experience in the cement industry working across functions including management, operations, sales & marketing, projects and commercial. Prior to his appointment at Dangote Cement Plc which became effective ... |
Price variations across UEMOA capitals29 May 2015, Published under Cement NewsThe price of a 50kg bag of cement varies from XAF3000 (US$5.01) to XAF6000 across the six capitals of Economic and Monetary Union of West Africa (UEMOA) states. In Senegal’s capital, Dakar, the price is XOF3000, one of the lowest in the west African sub-region. Meanwhile, in Lomé (Togo) it is XOF4050 and in Cotonou, Benin, 50kg of cement costs XOF4200. Consumers in Bamako, Mali, pay XOF4500 while their counterparts in Yaoundé, Cameroon, part with XOF4400-4600. Prices are marke... |
New orders for Cemengal in South America and MEA27 May 2015, Published under Cement NewsCemengal has signed new orders for conventional grinding stations and its Plug&Grind ® solution to undisclosed customers in the South America, and the Middle East and Africa (MEA) regions over the past few weeks. South America Plug&Grind Cement grinding plant with a production capacity of 90,000tpa: ball mill Ø2.2m x 9.5m and 500kW; bag filter for 25,000m³/h. The scope of supply includes electrical sub-station to feed the new P&G unit and cement transfer infrastructure to existing silos... |
West Africa surplus looms21 July 2014, Published under Cement NewsWest African economies have performed well over the last decade, registering annual growth rates of up to eight per cent. However, as the region furiously builds new production facilities, overcapacity is set to hit the cement sector and the environment remains rather uncertain. By Trond Waerp & Finn Arnoldsen, Africa Consulting Services, Norway. West Africa’s cement producers can look forward to declining import volumes as the region is increasingly capable of supplying the domest... |