Cement News tagged under: Africa
Nova Cimangola prepares to launch LC3 production05 December 2023, Published under Cement NewsNova Cimangola is close to opening its first LC3 project for low carbon cement production in Luanda, Angola. According to the company, Ecosolutions carried out the studies and IPIAC guaranteed the technology. The project meets the intentions of the Government of Angola and aims to produce environmentally friendly cement or green cement, which incorporates a greater quantity of calcined clay, requires a smaller energy and water consumption, and contributes to the longer conservation of... |
PPC sells Cimwera to National Cement Holding Ltd for US$42.5m20 November 2023, Published under Cement NewsPPC Ltd has completed the sale of its 51 per cent stake in Rwandan cement producer Cimerwa to National Cement Holding Ltd for a cash consideration of US$42.5m. The deal is a significant step in PPC's strategic shift to focus on its southern African operations and improve its financial leverage. The share transfer is set to take place seven business days after the necessary conditions are met, including notifications and clearances from the Common Market for eastern and southern Africa (... |
Sol Cement to cease trading until it pays 40% of its tax bill10 November 2023, Published under Cement NewsThe Ghana Revenue Authority (GRA) has directed Sol Cement in Ghana to settle at least 40 per cent of the company’s outstanding tax debt before it can resume operations. The GRA closed the cement plant two weeks ago due to the company’s defaulting on tax payments of GH7S09m (US$60.6m), including value added tax. Sol Cement has had difficulties in meeting its tax obligation, especially as significant volumes of raw materials are imported forts cement production. “We will allow them to re... |
Inauguration of Sokoto plant expansion by January 202403 November 2023, Published under Cement NewsBUA Cement has revealed its plan to inaugurate its Sokoto plant expansion by January 2024. Abdulsamad Rabiu, the Chairman of BUA Group , made this announcement during his visit to Governor Ahmad Aliyu in Sokoto this week. Mr Rabiu said that the company was diligently working to ensure the new plant, currently under construction in Sokoto state, Nigeria, would be ready for the inauguration. He informed the governor that during his meeting with President Bola Tinubu in Abuja he ... |
BUA Cement increases revenues by 28% in 9M2331 October 2023, Published under Cement NewsBUA Cement has released its 9M23 results and posted revenue of NGN335,863m up 27.9 per cent from NGN262,598m in 9M22. Operating profit increased from NGN99,245m in 9M22 to NGN119,683m in 9M23, up 20.6 per cent. Profit after tax for the 9M23 reached NGN76,065m up from NGN74014m in 9M22. Plant expansion at the Obu and Sokoto plants are ongoing with commissioning scheduled for the 1Q24 which will bring the company’s total cement capacity in Nigeria up to 17Mta. |
AfriSam invests in construction training programmes16 October 2023, Published under Cement NewsTo stay ahead in the industry’s war for talent, AfriSam has over the years placed skills at the forefront of its people development initiatives. With its several training programmes, the company has successfully created a pool of talent, not only to the benefit of its operations but the industry at large. Glenn Johnson, general manager of construction materials at AfriSam, believes it is fundamental for the construction materials industry to develop people. The industry, he says, ... |
thyssenkrupp Polysius wins order for Cimpor Ghana's calcined clay plant13 October 2023, Published under Cement NewsCimpor Ghana Ltd has commissioned thyssenkrupp Polysius GmbH for its new calcined clay project Cimpor Ghana Ltd has commissioned thyssenkrupp Polysius GmbH with the construction of a flash activator for clay activation in Tema, Ghana. The plant will have the world's largest newly-built flash activator for clay with a production capacity of 1280tpd. Once operational in 2025, the Tema plant will save up to 440,000t of CO 2 emissions annually. Cimpor Global Holdings i... |
Judge blocks acquisition of Tanga Cement in Tanzania22 August 2023, Published under Cement NewsThe proposed acquisition of AfriSam subsidiary, Tanga Cement , by Heidelberg Material 's Scancem International DA has hit a snag as a tribunal judge ruled a decision to accept the deal to be against the law. Judge Salma Maghimbi of The Fair Competition Tribunal (FCT) in Tanzania, has ruled the decision by the Federal Competition Commission (FCC) to accept the merger was wrong, stating that the FCC does not have jurisdiction over the matter. Chalinze Cement of Tanzania has also oppose... |
Vanderbijlpark Slagment achieves 1.75m hours LTI08 August 2023, Published under Cement NewsLeading construction material supplier, AfriSam celebrated a significant milestone at the company’s Vanderbijlpark Slagment Operation in South Africa when it achieved 1.75m Lost Time Injury (LTI)-free hours earlier this year, demonstrating the high safety standards upheld at this plant. This means the plant has been injury free for nine years, a significant milestone. Due to its cementitious properties and depending on the application, slagment (which uses ground granulated blastfurn... |
East Africa Portland Cement is ready to tap domestic market02 August 2023, Published under Cement NewsEast Africa Portland Cement Co Plc and its Athi-River plant is set to expand its clinker production to serve the domestic market after the government imposed a 17 per cent duty on imported clinker. According to Managing Director, Oliver Kirubai, the cement maker has drawn a road map for its revival and has realised improved production by 25 per cent as of September 2022. The increase in production was informed by the first phase of refurbishing the plant, increasing efficiency and cut... |