Vicat reports LfL stable 1Q consolidated sales
For the 1Q25 France-based Vicat has reported stable sales of EUR886m when compared on a like-for-like (LfL) basis. On a reported basis, sales were down 2.7 per cent YoY from EUR...
Mali
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Mali's path to cement self-sufficiency
Set on expansion in west Africa, CIMAF announced this week that it had laid the foundation stone for its new grinding plant in Mali. Other cement producers have also targeted Ma...
CIMAF lays foundation stone for Mali plant
CIMAF laid the foundation stone for its new Mali factory on 9 February 2024 in Natien, a commune located in the Sikasso region. The Minister of Industry and Trade, Moussa Alassa...
Foundation stone laid for Ciment Sahel Mali SA
Mahamoud Ould Mohamed, the Minister of Industry and Trade, laid the foundation stone for the new Ciment Sahel Mali SA cement plant, on 24 November 2022. Construction of the fact...
Foundation stone laid for Cimenterie Atlas
Colonel Assimi Goïta, interim president and the current head of state for Mali, laid the foundation stone for Cimenterie Atlas, a new grinding plant at Dio Gare, Koulikoro regio...
Mali sees 10% cement price hike
The price of cement in Mali has increased by 10 per cent from XOF100,000 (US$170.59) to XOF110,000/t in the past week. Traders have attributed the price rise to the embargo impo...
CIMAF to expand capacity with IFC, Proparco and EAIF financing
CIMAF will receive financial support from IFC, Proparco and the Emerging Africa Infrastructure Fund (EAIF) to help its drive for capacity expansion to meet the growing demand fo...
CimMetal to expand into Togo's cement market
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 a...
Sacko Holding to build new plant in Mali
Sacko Holding SA, a private Mali-based company, has finalised the funding of a US$300m cement plant in Bema, 30km from Diéma on the Noro du Sahel road, Mali. The company has als...
Vicat announces FY20 sales of EUR2805m
Vicat announced FY20 sales of EUR2805m, up 5.5 per cent from EUR2740m in FY19. EBITDA rose to EUR557m, up by 10.1 per cent LfL and EBIT increased to EUR298m, a rise of 17.5 per ...