Cement News tagged under: Zambia
Lafarge constructing Chipata depot, Zambia02 March 2014, Published under Cement NewsLafarge Zambia is constructing the first cement depot in Chipata District in Eastern Province, valued at US$700,000. The depot will have a cement storage capacity of 3000t. Emmanuel Rigaux, managing director of Lafarge Zambia, said the depot would benefit customers in Eastern Province as cement prices would now be stable. He noted, however, that storage capacity would not be enough to meet demand requirements for the whole province and that the company would increase the number of warehouse... |
Zambia: Dangote’s Ndola plant on track for July commissioning19 February 2014, Published under Cement NewsDangote is expected to commission its new cement factory in Ndola in July this year, senior general manager for Dangote Projects, Anand Kameshwar, has indicated. In an interview with All Africa news, Kameshwar said installation of major equipment at the plant by Sinoma Engineering of China was nearly complete. "Most of the major equipment has been installed and the project is on course and should be complete by July," he said. The company is also constructing a 30MW power substation that w... |
Dangote on-track to complete five projects in 201414 January 2014, Published under Cement NewsDangote Cement will complete five cement plants across sub-Saharan Africa this year, adding around 13.5Mta of capacity to the group's existing volumes, according to Aliko Dangote, company chief executive. The projects include a 1.5Mta plant in Zambia and Tanzania each, a 3Mta works in South Africa and a 1.5Mta facility in both the Republic of Congo and Gabon. Last week, Nigeria's High Commissioner to Zambia, Sifawu Momoh, said that the Zambia plant will be inaugurated next month. In it... |
Dangote to commission Zambia power plant by end-1Q1418 December 2013, Published under Cement NewsThe Dangote Group will commission a US$50m power plant in the first quarter of 2013 to supply its factory currently under construction in Ndola, Zambia Anand Kameshwar, company senior general manager responsible for the project told the Times of Zambia that construction of the power plant was progressing well and the power plant will start operating by the end of the first quarter of 2014. “This plant is intended at making its own power available to the cement plant as opposed to connectin... |
Zambia: Zambezi Portland ups cement output13 December 2013, Published under Cement NewsZambezi Portland Cement (ZPC) chief financial officer, Peter Kang’ombe, said that the company had increased production from 36,000tpm to 39,000tpm in the last four months of 2013. Mr Kang’ombe said despite the measure, local market demand for the commodity remained high, forcing the ZPC to reduce cement exports by nearly 10 per cent of the monthly output. Kang'ombe said the Kalumbila Mine project by First Quantum Minerals (FQM) in Solwezi was one of the key projects where most of the cement... |
Dangote02 December 2013, Published under Cement NewsSales growth at Dangote Cement continues to outpace the Nigerian cement market with group sales volumes up 29.5 per cent to 9.95Mt, compared to the same period last year. Pre-tax profit for the nine-month period rose 42.6 per cent to NGN151.7bn (US$957m), while EBITDA grew 35.9 per cent to NGN181.1bn (US$1142m). Consolidated group revenue was up 28.7 per cent to NGN289bn (US$1822m) and gross profit reached NGN189.4bn (US$1195m), up 39.4 per cent. Following a deferred tax credit of NGN4.4bn... |
Antonio Ventriglia fights to win back Zambezi Portland Cement08 November 2013, Published under Cement NewsThe fight for ownership of Zambezi Portland Cement has taken another step as Antonio Ventriglia battles to regain legal ownership of the company. Mr Ventriglia was deported along with his son, Daniela Ventriglia, last autumn and is now alleging the illegal seizure of his company by a competitor be overturned. Lawyers acting on behalf of Antonio Ventriglia have issued a writ of summons and statement of claim to the Attorney General of Zambia demanding that the government recognise the allege... |
Zambia watchdog to examine pricing factors06 November 2013, Published under Cement NewsZambia’s Competition and Consumer Protection Commission (CCPC) is to examine the upward adjustment is cement prices across four countries in sub-Saharan Africa. CCPC public relations officer Hanford Chaaba said in an interview with the Times of Zambia that the study being conducted with the support of the African Competition Forum (ACF) to determine the causes of cement prices rises in South Africa, Botswana, Tanzania and Zambia. “We have been monitoring this situation concerning price cha... |
Zambia prices rise on increased fuel costs11 October 2013, Published under Cement NewsCement prices in the Zambian city of Ndola have risen by ZMW15 (US$2.84) as construction activity booms and the country’s leading producer looks to offset a rise in fuel costs. The Times of Zambia reported that in some outlets, prices have risen from ZMW65 to ZMW80 (US$12 to US$15). Eugene Chungu, corporate affairs and communication director of Lafarge Cement Zambia, said the hike in prices was necessitated by the recent upward adjustment in the prices of fuel following the removal a subs... |
Lusaka prices continue to rise, Zambia16 September 2013, Published under Cement NewsThe price of cement in the Zambian capital of Lusaka has continued to rise through the year, due to increased fuel and transportation costs. The average price across the city is now ZMW85 with traders citing increased costs of transportation compared to ZMW50 two years earlier. However, Lafarge Cement CEO Emmanuel Rigaux played down the increase saying they had no control over retail prices. "Our duty is to sell the commodity at the most productive efficient cost and not police at what... |