Cement News tagged under: Democratic Republic of Congo
PPC delays FY20 earnings results30 September 2020, Published under Cement NewsPPC of South Africa has delayed the release of its full-year earnings for a third time as it finalises its financing. The new date for the financial disclosure is now set for 5 October 2020. PPC has been making adjustments to the valuations of assets in Ethiopia and the Democratic Republic of Congo, and the company hopes to conclude a deal with South African lenders in October, reports BNN Bloomberg. PPC reported a resurgence of construction activity in South Africa in June and July and do... |
DR Congo orders cement imports16 September 2020, Published under Cement NewsThe Minister of Foreign Trade of the Democratic Republic of Congo, Jean Lucien Bussa, has ordered the import of 100,000t of cement from the Republic of Congo as domestic supply falls short of volumes needed, according to Desk Eco. “Following our discussions on 24 August 2020 in Brazzaville, Republic of Congo, I make it my duty to inform you that I have just authorised the import, into the Democratic Republic of the Congo, of 100,000 tonnes of grey cement from the Republic of Congo. This is... |
PPC Barnet opens new headquarters16 September 2020, Published under Cement NewsPPC Barnet Manufacturing is inaugurating its new headquarters in the heart of Kinshasa’s business district, Democratic Republic of Congo. The move represents the company’s new ambitions and development strategy in the domestic market, according to Zoom Eco. "Our new establishment makes it possible to enhance teamwork, promote communication between employees and above all bring our customers and stakeholders closer together," said PPC Barnet CEO, Iqbal Omar, during the opening ceremony. |
CARRILU inaugurates DRC cement plant09 September 2020, Published under Cement NewsThe Minister of Industry of the Democratic Republic of Congo (DRC), Julien Paluka, has officially opened the Carrière de Lualaba (CARRILU) cement works in Kolwezi, Lualaba province, DRC. The company also includes a stake by the China-based Zijin group. The new works is expected to produce 1500tpd of grey cement to serve the local market. In addition, it will provide employment to at least 1000 employees, according to Journal de Kinshasha. "The production of cement on site in Kolwezi, dem... |
New DRC cement plant project on hold14 April 2020, Published under Cement NewsThe laying of the foundation stone of a new cement plant in Katanda, Lomami province, Democratic Republic of Congo (DRC), has been postponed indefinitely. The plant will be built in Bakwa Tshiluila, some 70km northeast of Mbujimayi, where deposits of limestone and other raw materials have been discovered. Nestor Kabuya, geologists and supervisor of the construction site said the postponement was due to the state of emergency decreed by the country’s head of state to prevent the spread of t... |
Cement price rises further in Congo DR04 February 2020, Published under Cement NewsA shortage of cement is driving up prices in the Democratic Republic of Congo. The price of a 50kg bag of 32-grade cement has increased to CDF14,300 (US$8.46) from CDF14,000. For 42.5-grade cement the price has risen from 14,700 to 15,000/50kg bag. At retail level, prices vary between COF16,000-18,000. |
DR Congo cement demand weakens in 10M1916 January 2020, Published under Cement NewsGrey cement consumption in the Democratic Republic of Congo reached 390,279t in the first 10 months of 2019, according to ACP. Production reached 959,088t during the same period. The low demand reflects the slowdown in construction work in the building and public works sector. In 2018 cement demand reached 1,045,199t and domestic production 1,043,340t, according to Central Bank of Congo. |
DRC utilisation rate remains low25 November 2019, Published under Cement NewsThe Central Bank of Congo put cement production in the Democratic Republic of Congo (DRC) at 1.842Mt in 2018. Around 1.825Mt were delivered to the domestic market. Production in the period up to April 2018 was 397,000t, of which 390,000t were sold within DRC. Therefore, the capacity utilisation of Congo’s cement plants is around 40-50 per cent according to the bank, although in February 2019 a rate of 52 per cent was recorded. |
Renewed interest in CIMAIKO14 November 2019, Published under Cement NewsA Chinese company is reported to be interested in relaunching the CIMAIKO cement plant near Kisangani, in the Democratic Republic of Congo. A delegation consisting of Justine Mbombo, advisor to the Ministry of Industry, and the production manager of Yang Engow Engineering of China is prospecting the local area for limestone suitable for cement production. Yang Engow Engineering intends to start the installation of the plant as soon as possible, with January 2020 as a tentative date, acco... |
Cement imports by canoe in western DRC31 October 2019, Published under Cement NewsFollowing the import ban on grey cement in the Democratic Republic of Congo (DRC), importers have taken more creative ways to import cement into the central African country. According to reports by Agence d’Information d’Afrique Centrale, grey cement is now imported via canoe on the Congo River to the main consumption centres in the country. Local producers have protested, citing unfair competition, import fraud and a low product quality as the main reasons for their grievances. |