Cement News tagged under: Africa
Cement and concrete industry accelerates decarbonisation in Africa05 September 2022, Published under Cement NewsThe Global Cement and Concrete Association (GCCA) and the United Cities and Local Government of Africa (UCLG Africa) have signed a Memorandum of Understanding (MoU) at Africa Climate Week 2002 in Gabon to increase collaboration in decarbonising Africa’s cement and concrete sectors and build sustainable and resilient cities and communities. The MoU was signed by UCLG Africa’s Secretary General, Jean-Pierre Elong-Mbassi, and the GCCA’s Director Concrete and Sustainable Construction, Andrew M... |
BUA Cement looks to finance 6Mta expansion project31 August 2022, Published under Cement NewsBUA Cement is in talks with US-based International Finance Corporation (IFC) to raise funds through a loan to expand its cement facility, the company said in a statement to the Nigerian stock exchange. The funding aims to expand the capacity of the company’s integrated cement plant in Kalambaina, Sokoto , to 8Mta from 2Mta and develop other ancillary utilities. In a recent statement, BUA Cement Chairman, Abdul Samad Rabiu, said that the ongoing projects will be completed in 2023 t... |
East African Portland Cement sells land plots to squatters31 August 2022, Published under Cement NewsEast African Portland Cement (EAPCC) has started a process of selling land parcels to squatters who have been living on its Athi River property. The cement maker has made an offer to the squatters to pay KES100,000 (US$832.6) for a beacon certificate and another KES500,000 within a year to purchase a plot of land measuring 40ft by 80ft (12 x 24m). The cash-strapped firm has commenced the land sale and regularisation process of three parcels measuring 709 acres (287ha). The EAPCC’s sale ... |
Mira SA plans 0.7Mta plant in Cameroon26 August 2022, Published under Cement NewsMira SA will soon launch the construction of an industrial cement plant in the north region of Cameroon. The XAF120bn (US$182.9m) project see the construction of a 0.7Mta clinker production unit. The completion of this project will make Mira SA the second-largest clinker producer in the region, behind Cimencam. In October 2021, the country's Prime Minister, Joseph Ngute, launched the construction of a new Cimencam plant in Figuil. This unit added 0.5Mt of cement to the company’s annu... |
WCA focus on MENA region decarbonisation23 August 2022, Published under Cement NewsThe World Cement Association (WCA) has held its first CEO-exclusive, pre-conference webinar, in which participants concluded that cement producers in the Middle East and North Africa (MENA) can halve carbon emissions with zero or low capital expenditure. The webinar brought together thirty CEOs representing cement-producing companies from Iraq, UAE, Saudi Arabia, Egypt and Turkey among others, ahead of WCA’s annual conference which will be held in Dubai, in September 2022. The CEO’s re... |
Cheetah Cement Botswana to reduce country's cement imports19 August 2022, Published under Cement NewsCheetah Cement Botswana (Pty) Ltd, which includes investment from Chinese backers, has promised to play a crucial role in helping Botswana cut its cement imports to zero. Botswana needs 620,000tpa of cement and the southern African country has been heavily relying on imported cement before the Chinese company was set up, Hui Ming, said the company's general manager. "We are earmarking an annual output of 900,000t of cement as of next June," said Hui Ming. Hui said the company is looki... |
BUA approves dividend and sets 2023 deadline for current expansion projects26 July 2022, Published under Cement NewsBUA Cement Plc shareholders have approved dividends of NGN88.047bn (US$96.3m) for the financial year ended 31 December 2021 at NGN2.60k per ordinary share of 50k each. This approval was given during the company’s 6th Annual General Meeting held in Abuja and comes on the back of a strong financial performance in the year under review, which recorded revenue growth of 22.9 per cent from NGN209.4bn in 2020 to NGN257.3bn in 2021. Profits after tax also rose by 24.5 per cent YoY to NGN90.1bn in... |
Mangal Industries Ltd performs plant groundbreaking ceremony18 July 2022, Published under Cement NewsMangal Industries Ltd has performed the groundbreaking ceremony of a greenfield cement plant in Iluagba, Kogi State, Nigeria. Mangal Industries had signed a US$600m deal with Sinoma International Engineering, of China, for the construction of a 3Mta cement plant and a 50MW captive power plant in Kogi State. Mangal Industries Ltd's Managing Director, Engr Fahad Mangal said shortly after the ceremony that the project is expected to be completed by the end of the 1Q24. According to him... |
CEMEX to clean Nile River15 July 2022, Published under Cement NewsCEMEX has signed a three-year agreement to support waste removal efforts in Egypt’s Nile River. Some of the waste will be used as a more sustainable alternative to fossil fuels at CEMEX’s Assiut cement plant. CEMEX will be collaborating with VeryNile, an initiative supported by the Ministry of the Environment in Egypt that develops eco-friendly solutions to remove inorganic waste from the Nile River. The company will provide financial support to double the amount of waste collected... |
MSG Group signs Berbera plant deal with Bedeschi01 July 2022, Published under Cement NewsMSG Group of Companies through its Dubai based subsidiary company, Horn Holding Group Ltd (HHG), has signed an agreement with Bedeschi SPA for the construction of phase 1 of an integrated cement plant in Berbera, Somaliland. The plant will take about 18 months to construct with installed cement capacity of 700,000tpa. The entire plant project will take three years to complete with a production capacity of 3300tpd of cement and 3000tpd of clinker. The Phase 1 of the project is expect... |