Competition has forced Zambezi Portland Cement (ZPC) to introduce a new and cheaper cement brand onto the domestic market.
The arrival of Dangote Cement in Zambia with its greenfield Masaiti plant has seen cement prices tumble from ZMW70 (US$6.93) to ZMW50 (US$4.95) in a few months.
ZPC’s new cement is aimed at the block-making, road construction and light construction market. The price of the new Eagle cement brand will be held at ZMW51.
Vietnam cement sales see modest growth in 2024
Total Vietnam cement sales, including domestic and export sales, amounted to 8.333Mt in December...