Cement News tagged under: Central Africa
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... |
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. |
Kinshasa cement price increases28 March 2022, Published under Cement NewsThe price of cement in Kinshasa, Democratic Republic of Congo, has increased to CDF22,000 (US$11.02) from CDF17,500 a week ago. The increase has been attributed to the strong demand in the market and localised shortages. In Kasai Central province the Kalamba Mbuji-Kananga road has become impassible and SNCC has seen operational challenges. |
DR Congo sees cement price hike after reintroduction VAT21 March 2022, Published under Cement NewsThe price of cement in central Democratic Republic of Congo has increased from COF15,500 (US$7.70) to COF21,210 from 17 March, according to local news sources. The hike follows an agreement between the provincial division of the Ministry of Economy, representatives of three cement companies in central DRC and cement suppliers after days of discussions. Corneille Mukuni Mukuni, the head of the provincial division of the Ministry of Economy explained the price rise as the reintroduction of ... |
SONOCC announces resumption of production26 January 2022, Published under Cement NewsSociété nouvelle des ciments du Congo (SONOCC) will restart its production of cement from 31 January after several weeks of work stoppage, said the company’s Director General, Il Xingtao. It is expected that the additional output will help alleviate the cement shortage in the Republic of Congo and put an end to soaring cement prices. Prices have jumped to XAF120,000 (US$206.67) to date from XAF70,000 in November 2021. At present only Forspak’s plant is operating but is unable to cover na... |
PPC Barnet posts positive 1H21 results30 November 2021, Published under Cement NewsPPC Barnet in the Democratic Republic of Congo (DRC) announced that nearly 230,000t of cement were produced in the second quarter of 2021. The company operates a 1.2Mta integrated cement plant, representing a US$300m investment. Sales volumes in the key central market were up six per cent YoY. This has enabled the company to open warehouses in the central location of Kinkole, as well in Zongo, northern DRC, and Ilebo, southern DRC. Iqbal Omar, CEO of PPC Barnet DRC, said: “These first si... |
Cement price stabilises in Lubumbashi22 October 2021, Published under Cement NewsThe price of grey cement in Lubumbashi, Democratic Republic of Congo, is stabilising at CDF15,000-16,000/bag (US$7.58-8.09), when compared with CDF20,000-25,000 in previous years, according to ACP, the Congolese press agency. The trend is due to an increase in domestic cement production from CARRILU and Grande Cimenterie du Katanga, which came online 10 months ago. In addition, the market supply is supplemented by imports from Zambia. |
1H cement sales fall 10% in Gabon12 October 2021, Published under Cement NewsGabon’s cement market contracted by 10.1 per cent to 197,246t in the 1H21 from 219,386t in the equivalent period of 2020, according to data by the country’s Ministry of Economy. In the first quarter of 2021 sales reached 102,823t but a drop to 94,423t was reported for the 2Q21. However, domestic cement production saw a 3.6 per cent uptick to 225,748t in the 1H21 from 217,981t in the 1H20. Output in the 1Q21 was 113,210t while in the 2Q21 cement plants produced 112,538t. Clinker imports de... |