China National Building Materials (CNBM)
CNBM may be ramping up its capacity in Zambia, but fears of growing overcapacity in the country’s cement sector are forcing prices up as producers fight to stay in business. Zam...
Zambia
93 posts · Page 3 of 10
Overcapacity in Zambia continues unabated
This week, CemNet reported that the cement industry in Zambia has so much overcapacity that Lafarge Zambia has been forced to raise its prices in an attempt to stay in business....
Lafarge Zambia Plc had to raise prices to stay afloat
Lafarge Zambia's CEO, Jimmy Khan, has spoken out about the crippling overcapacity in Zambia's cement market. Mr Khan said Zambia's cement consumption stands at around 2.2Mt comp...
Dangote Cement
The first quarter of 2019 saw Dangote Cement report a 2.3 per cent YoY increase in volumes to 6.3Mt. Over the same period, however, group revenue declined by 0.8 per cent to NGN...
Dangote Cement sees volumes rise, revenues down in 1Q19
Dangote Cement reported increased volumes of 6.3Mt, up 2.3 per cent YoY, in the first quarter of 2019. However, group revenues slipped 0.8 per cent to NGN240.2bn (US$668m) and g...
New limestone discovery in Zambia attracts cement plant interest
The recent discovery of limestone in Nyimba district, Zambia, is anticipated to attract cement plant investors to the mineral resource-rich district, Eastern Province regional m...
Lafarge Zambia appoints new CEO
Lafarge Zambia (LafargeHolcim group) has appointed Jimmy Khan as its new Chief Executive Officer. Board Chairman, Muna Hantuba, stated Mr Khan's appointment is with immediate ef...
BBMG and Tangshan Jidong resume US$290m Zambia plant
BBMG Corp and Tangshan Jidong Cement recently resumed work on the development of a 1.28Mta cement plant in Zambia. They will build the waste heat recovery unit and the first cli...
Dangote Zambia sees surge in cement sales
Dangote Cement Zambia Ltd has reported a 40.9 per cent rise in sales to 768,000t of cement in the first nine months of 2018 supported by an increase in demand for housing and in...
Dangote reports 15% rise in 9M EBITDA
Dangote Cement announced a 13.5 per cent rise in group revenues to NGN685.29bn (US$1.88bn) for 9M18 as sales volumes advanced 7.6 per cent to nearly 17.8Mt. Group EBITDA rose 14...