Cement News tagged under: West Africa

RSS feed

Dangote Cement's corporate social responsibility work gains recognition

03 March 2023, Published under Cement News

Dangote Cement has scooped a number of awards in Zambia and Senegal in recognition of its corporate social responsibility actions.  In Senegal the Conseil National du Patronat (CNP) acknowledged the cement producer's local subsidiary for planting hundreds of trees to mitigate against desert encroachment in various parts of the country, reports The Day Live. Meanwhile, in Zambia, Dangote’s Ndola subsidiary picked up the Best Community Social Impact Award for Youth Development in recog...

Dangote Cement’s pan-African operations sales fall 8% in FY22

01 March 2023, Published under Cement News

Dangote Cement ’s pan-African operations sold around 10Mt of cement and clinker in 2022, down 8.1 per cent from the 10.9Mt sold in 2021. “This is due to the continuous global supply chain disruption and increasing commodity prices,” said Dangote Cement. Pan-African revenues of NGN414.8bn (US$900.8m) were 4.4 per cent higher than 2021. The region’s revenue accounted for 25.6 per cent of total group revenue. Pan-Africa EBITDA was NGN64.9bn (before central costs and eliminations), down 26.9 p...

Dangote Group posts 17% revenue rise in FY22

28 February 2023, Published under Cement News

Dangote Cement Group announced revenues us 17 per cent to NGN1618.3bn (US$3.51m) in FY22 and EBITDA up 3.5 per cent at NGN708.2bn. Profit after tax increased by 4.9 per cent to NGN382.3bn. Net debt at the end of the period totalled NGN422.8bn with a net gearing of 39.2 per cent. Nigerian operations sold 17.8Mt of cement and clinker during the period, down 4.1 per cent from the 18.6Mt sold in 2021. When looking at the domestic sales alone, Nigerian operations sold 17Mt, down 3.8 per cent Y...

IFC invests EUR242m in Sococim Industries

28 February 2023, Published under Cement News

The International Finance Corporation (IFC), the investment arm of the World Bank, has confirmed that it is investing EUR242m in Senegal-based cement producer, Sococim Industries , to help boost low-carbon cement production. Sococim, a subsidiary of Vicat , will receive a EUR120m loan from IFC's own account and EUR122m equivalent in local currency from Société Générale Sénégal and other lenders, reports Reuters. Around EUR215m of the financing will be earmarked for green activities, sai...

BUA Cement sees 12% increase in net profit in 2022

28 February 2023, Published under Cement News

Nigeria-based BUA Cement reported a 40.3 per cent increase in revenues to NGN360,989m (US$7783.4m) in 2022 when compared with a revenue of NGN257,327m in 2021. Profit before tax advanced 16.8 per cent to NGN120,154m in 2022 from NGN102,873m in the previous year while profit after tax was up 12.1 per cent to NGN101,011m in 2022 from NGN90,079m.

Dangote Cement names new CEO

27 February 2023, Published under Cement News

Dangote Cement Plc has named Arvind Pathak as the company’s new chief executive/managing director. Mr Pathak will replace Frenchman Michel Puchercos, who will leave at the end of February after three years at the helm. The new CEO’s tenure begins on 1 March. Mr Pathak led India’s Birla Corp before he became the chief operating officer and deputy managing director of Dangote Cement. He formerly served at Mumbai-based Associated Cement Co Ltd as regional CEO and has experience spanning...

IKN commissions Kirene clinker cooler

13 February 2023, Published under Cement News

A new IKN clinker cooler was successfully commissioned at Ciments du Sahel ’s Kirene plant near Dakar, Senegal, end of January and met all customer’s expectations on mechanical and performance issues. A single grate cooler, equipped with a four rolls roll crusher at the cold end is designed for production of 6000tpd of clinker. IKN’s process engineer was on site to supervise the start-up of the cooler and perform training sessions on cooler operation. Upon his departure, all cooler compo...

Dangote announces new 6Mta Nigerian plant

02 February 2023, Published under Cement News

Dangote Industries Ltd is building a new integrated 6Mta cement plant in Itori, Ogun state, Nigeria. According to press reports, the plant will be supplied by Sinoma International Engineering and will take Dangote’s Nigerian cement production capacity to 41.25Mta and total African capacity to 57.6Mta. Due to be completed in the first half of 2025, the new facility will have its own captive power plant, and two 6000tpd clinker production lines giving a total daily clinker production cap...

Dangote donates bags for agro-waste and alternative fuel payback

30 January 2023, Published under Cement News

Dangote Cement’s   Ibese plant has donated 25,000 of 100kg capacity bags for management of agro-waste in communities across Nigeria. Being burned or left rotten on the fields by farmers once, agriculture waste, known as agro-waste, has turned into the best alternative fuel for industries. As an eco-friendly initiative, industries have started using agro-waste briquettes along with coal or other non-renewable sources of fuel. Green activists saw increased usage of agro-waste for indus...

Les Ciments Du Sahel fits preventive explosion system

26 January 2023, Published under Cement News

Explosion protection supplier robecco, under supervision of Carsten Haakert, has completed commissioning of a preventive explosion system at the Les Ciments Du Sahel plant in Kirène, Senegal. In cooperation with Sinoma CBMI Construction Ltd the CO2-low pressure system, including a fully-automatic robecco Secure Center RSC is protecting the coal grinding workshop of Line 3 at the cement plant. Lines 1 and 2 have already been equipped by robecco GmbH's inerting system.