HeidelbergCement plans to invest EUR25m in Togo

HeidelbergCement intends to invest EUR25m (US$28.2m) in its Togolese subsidiaries Cimtogo, Scantogo and Granutogo, according to Eric Goulignac, the company’s managing director in the country.

The investment programme, which will be submitted to the company's Germany-based board, includes the installation of a new grinding unit in Lomé and a solar photovoltaic plant to power its plants, reported Ecofin Agency.

Cimtogo reported a net benefit of EUR3.7m in 2017, while Scantogo posted a net profit of EUR7.7m. Granutogo recorded a net profit of EUR0.3m in 2017.