Cement News tagged under: Cameroon
Dangote Cement Cameroon SA donates PPE equipment13 May 2020, Published under Cement NewsAs part of its corporate social responsibility project, Dangote Cement Cameroon SA has handed over personal protection equipment (PPE) kits worth XAF100m (US$165,000) to the Cameroon’s Ministry of Public Health to support healthcare workers on the frontline in the fight against COVID-19. Speaking at the handover of the materials, Country Manager of Dangote Cement Cameroon SA, Abdullahi Baba, said, "These are important products for medical personnel. Dangote Cement is a corporate responsible... |
thyssenkrupp to build first industrial-scale activated clay-based cement plant in Cameroon01 April 2020, Published under Cement NewsGermany-based equipment supplier thyssenkrupp will build the first industrial-scale cement plant that uses activated clay to produce low-carbon cement in Cameroon, according to a company statement. thyssenkrupp is to fit the first cement plant with a system for the production of calcined clay for the Dutch-based company Cimpor Global Holdings. The technology developed by thyssenkrupp lowers CO 2 emissions in cement production by up to 40 per cent. Part of the clinker will be replaced with... |
Dangote Cameroon sees 7% sales drop in 201902 March 2020, Published under Cement NewsSales volumes of Dangote Cameroon fell 6.5 per cent YoY to 1.1Mt in 2019. Cement prices averaged at US$108/t in the financial year. "We had to deal with a drop in volumes due to security problems in the North West and South West region of the country as well as new competitor capacities. Overall, volumes were down 6.5 per cent in 2019 from 2018 due to increased competition in key markets, "said Dangote in its annual report. The company expects to improve its sales in 2020 due to the const... |
Cemtech Industries Cameroon seeks permit in Port of Kribi05 February 2020, Published under Cement NewsCemtech Industries Cameroon is a new cement producer among the interested industrial parties looking to settle in the logistics zone of the autonomous Port of Kribi (PAK), which began operations in 2018 in southern Cameroon. To date, 31 temporary permits of occupation in the logistics zone have been issued for the cumulative area of 1,239,151ha. |
Dangote Cameroon sees 6% sales drop in 9M1922 November 2019, Published under Cement NewsIn the first nine months of 2019, Dangote Cameroon reported a decrease in its domestic performance with sales down six per cent. "Our 1.5Mta clinker mill in Douala sold about 866,000t of cement in the first nine months of 2019, down six per cent from 920,000t sold in the same period in 2018. We estimate that our market share was 40 per cent during the period," said the group. The decline in performance has been attributed by the company due to persistent security problems in the northwes... |
MoU signing for 0.5Mta Cimenterie Industrielle de Kribi plant31 October 2019, Published under Cement NewsOscar Minko, managing director of Cimenterie Industrielle de Kribi (Cmikri) Sarl, and the Chinese consortium China National Building Material Co Ltd (Sinoma/Afcham) have signed a memorandum of understanding (MoU) in Yaoundé, for the construction of a cement plant in the Kribi industrial port complex. Once completed, the average yearly distribution capacity of this plant will be 0.5Mta, expandable to 1.5Mta. The project requires the installation of an 18,000t silo for clinker and a 4000t sil... |
Cimenterie du Cameroon launch Sublim white cement05 September 2019, Published under Cement NewsCimenterie du Cameroon (LafargeHolcim) has launched its new Sublim brand of white cement, the first white cement product to be released in the country. The cement is produced at the company's Bonabéri plant. It held the official launch at the Hotel La Falaise Bonapriso. The company says the product delivers a constant and luminous whiteness to bring out the brightness and aesthetics of the works. |
Dangote Cameroon sees 7% sales drop08 August 2019, Published under Cement NewsDangote Cameroon has posted a 7.1 per cent drop in sales in the 1H19 when compared with the 1H18. "Our 1.5Mta clinker mill in Douala sold about 0.6Mt of cement in the first half of 2019, down 7.1 per cent from 0.64Mt sold in the first half of 2018. We estimate that our market share was 40 per cent during the period, "says Dangote. "The decrease in our sales can be attributed to persistent security concerns in the North West and Southwest regions, which resulted in a reduction in activity, ... |
Medcem Cameroon increases share capital to XAF17.5bn25 July 2019, Published under Cement NewsMedcem Cameroon (Eren Holdings) has increased its capital from XAF400m to XAF17.5bn (US$679,000 to US$29.7m).The increase has created 1.759m new shares with a nominal value of XAF10,000. The Turkish company is the smallest cement producer in Cameroon with a cement capacity of 0.2Mta. It is competing against CIMAF (0.5Mta), Dangote Cement (1.5Mta) and Cimencam (2Mta). Based on production capacity projected by operators, Minister of Economy, Louis-Paul Motaze, ranked Dangote Cement as mark... |
Dangote Cement22 May 2019, Published under Cement NewsThe first quarter of 2019 saw Dangote Cement report a 2.3 per cent YoY increase in volumes to 6.3Mt. Over the same period, however, group revenue declined by 0.8 per cent to NGN240.2bn (US$668m) while EBITDA contracted by 11.2 per cent to NGN111.8bn. Nigeria: despite a subdued economy, the cement market grew by six per cent in 1Q19 with Dangote supplying almost 4Mt. Revenues, however, fell by 2.3 per cent to NGN169.9bn, EBITDA contracted by 10.4 per cent and margins fell to 60.9 per cent ... |