Cement News tagged under: Cameroon
BDEAC funds expansion of EGIN SA's cement production in Cameroon11 October 2024, Published under Cement NewsThe Development Bank of the Central African States (BDEAC) has announced in its 2023 annual report that it is financing the expansion of Entreprise Générale Industrielle SA (EGIN SA) , a key Cameroonian cement manufacturer. The project will increase EGIN SA's production capacity at its Douala plant from 200,000-500,000tpa. This expansion, valued at XAF 19bn (US$31.7m), will help meet the growing demand for high-quality cement in the Cameroonian market. This marks Bdeac’s second financ... |
Cimpor starts Kribi calcined clay plant27 August 2024, Published under Cement NewsCimpor has launched its new plant in Kribi , Cameroon. Equipped with a production line for calcined clay based on the entrained flow process (flash activation), developed and built by thyssenkrupp Polysius, the plant produced its first activated clay in October last year. With the Polysius ® activated clay technology, CO 2 emissions can be reduced by up to 70 per cent compared to conventional cement clinker production. Leo Fit, Product Manager for Polysius ® activated clay, emphasi... |
Dangote Cameroon imports clinker from Nigeria and Congo to ensure 1Q supply06 May 2024, Published under Cement NewsDangote Cement sold 354,000t of cement in the Cameroon market in the 1Q24, representing 35 per cent of total cement production in the country, according to EcoMatin. While ongoing infrastructure projects in the country supported sales by Dangote, the company has faced challenges due to inflationary pressures and increasing fuel costs. Dangote has delivered significant quantities of clinker to Cameroon to support its local output. From its base in Nigeria, the company delivered 178,000t whi... |
Dangote sees revenue advance 15% YoY in 9M2201 November 2022, Published under Cement NewsDangote Cement has reported group revenue of NGN1177.3bn (US$2.68bn) in the first nine months of 2022, up 15.2 per cent YoY. Group EBITDA over the same period advanced by 0.2 per cent to NGN515.9bn, with an EBITDA margin of 43.8 per cent. Profit after tax fell 23.4 per cent YoY to NGN213.1bn, mainly due to exchange losses from the depreciation in the CFA and cede. Group sales volumes in the 9M22 came in at 20.8Mt, down 6.2 per cent YoY. “To mitigate the impact of significant increase in ... |
Cameroon government lowers price of cement05 September 2022, Published under Cement NewsThe government of Cameroon has announced a decrease in the price of bagged cement. The drop comes in view of the country’s increasing cement production capacity, according to the Ministry of Commerce. As a result, the price of a bag of 42.5 R-grade cement will fall to XAF4800 (US$7.26) from XAF5100 in Douala and from XAF5400 to XAF5100 in Yaoundé. In terms of 32.5 R-grade cement, in Douala, the price will decrease to XAF4100 from XAF4600 while in Yaoundé the drop will be from XAF4900 to ... |
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... |
Dangote Cement's regional volumes fall by 11% in 1H2203 August 2022, Published under Cement NewsDangote Cement 's pan-African volumes reduced by 11 per cent to 4.9Mt from 5.5Mt in the 1H22 due to increased supply chain challenges and maintenance activities. The best-performing markets for the group were Ethiopia, Senegal and Tanzania. Ethiopia is one of the largest markets for Dangote Cement outside of Nigeria. The market remains short of supply as most plants are operating at very low capacity. Ethiopia's total market for cement was appproximately 2.7Mt in the first six mon... |
Cimencam orders two Gebr Pfeiffer mills30 June 2022, Published under Cement NewsCimencam ( Holcim Group ) will expand production at its Figuil plant , Cameroon, and use Gebr Pfeiffer's MVR mills for grinding raw material and cement. The new production unit will expand the current cement capacity of 0.15Mta at the 40 year-old plant. With the new production unit, Cimencam intends to cover not only the needs of the three northern regions (extreme north, north and Adamaoua) of Cameroon but also the needs of border countries such as Chad and the Central African Republ... |
Cameroon prices rise as construction demand strengthens20 April 2022, Published under Cement NewsCement prices in Cameroon have risen in April to XAF6000-6600 (US$9.89-10.88)/50kg bag, past the November 2021 peak. The price rise is expected the help cement producers offset the impact of higher input costs. As of 22 March 2022, the average cement price rose by over 10 per cent MoM and by 11 per cent YoY, firming up as the cement sector enters a seasonally-strong period for construction activities. In addition, the government has increased its pace of awarding road construction projects. |
Cameroon minister accuses cement producers of price-fixing13 December 2021, Published under Cement NewsIn a correspondence sent to the managing directors of various cement producing firms on 9 December 2021, Minister of Commerce, Luc Magloire Mbarga Atangana, denounced an illegal agreement to increase the prices of the products. "It has come to my attention, through written communications of which I have copies, that ypu unnanmously and unilaterally decidd to increase your sales prices by XAF500 (US$0.86) and 300 per cent depending on the type of cement," the government official wrote. T... |