Cement News tagged under: Gabon
Cimgabon cement output up 53% in 1Q1919 July 2019, Published under Cement NewsCimgabon’s cement production surged by 52.5 per cent to 112,349t in the first quarter of 2019 when compared with the 1Q18, when it produced 73,633, according to Directinfosgabon. The rise in output is attributed to more efficient use of production equipment and the resumption of cement production since July 2018. Cement sales increased 49.7 per cent YoY to 112,712 in the 1Q19 as domestic demand was robust. The value of sales rose 57.4 per cent YoY to XAF8.4bn (US$14.4m). |
Gabon sees 42% hike in cement output in 201702 May 2019, Published under Cement NewsGabon reported a 42 per cent increase to 487,000t in cement production in 2017 when compared with 341,351t in 2016, InfosGabon reports. Domestic sales reached 488,328t in 2017, up 43.6 per cent from 340,000t in the previous year. The increases in production and sales follow measures by the Gabon government to ban imports in July 2017, according to the Ministry of Economy. "This progress was made in a context of suspension of cement imports by decision of the government since July 2017," s... |
CIMAF sees 42% rise in cement sales in 1H1804 October 2018, Published under Cement NewsCIMAF reported a 42 per cent rise in cement sales to 184,723t in Gabon during the first half of 2018, according to the Economic and Fiscal Policy unit of Gabon’s Economics Ministry. In January-June 2017, sales reached 130,077t. The company’s production volumes increased 37.7 per cent in the six-month period to 178,518t, up from 129,596t in 6M17. As a results, revenues were up 36.6 per cent YoY to XAF13.029bn (US$22.8m) in 6M18 from XAF9.537bn in the year-ago period. Gabon suspended cemen... |
CimGabon to build second line13 September 2018, Published under Cement NewsCIMAF expects to launch construction on a second production line at CimGabon's Owendo works, near Libreville, in less than two months. The EUR10m new line will add 0.35Mta of production capacity to the existing plant, taking total capacity at the site to 0.85Mta. Line 2 is scheduled to come online in a year’s time. Last year, the Gabon government suspended cement imports to address fraud, but this led to a market shortage as domestic plants were unable to supply sufficient product to meet... |
Gabon sees 6% market contraction26 January 2018, Published under Cement NewsCement sales in Gabon reached 245,530t, a drop of 5.5 per cent YoY by the end of September 2017. The volume represents a revenue of XAF18.18bn (US$34.4m), down 9.9 per cent, according to the Ministry of Economy and Fiscal Policy. Output during this period stood at 250,058t, a decrease of 5.7 per cent following the stoppage of the Cimgabon plant and strong imports from China. However, the third quarter saw a robust increase in production when compared with the first half of the year after ... |
Gabon moves towards self-sufficiency15 July 2016, Published under Cement NewsIn line with the aim of many west African countries, Gabon is quickly establishing itself as a self-sufficient producer rather than a prominent importer. This week, Moroccan company Ciments de l'Afrique (CIMAF) formally inaugurated a new 0.5Mta plant at Owendo as more foreign investment into domestic cement sector is rapidly converted into new capacity. The current cement players The established player in Gabon for many years has been Cimgabon, which was 75 per cent owned by Heidelber... |
0.5Mta CIMAF Gabon plant inaugurated11 July 2016, Published under Cement NewsGabon President, Ali Bongo Ondimba, formally inaugurated the new Cements de l’Afrique (CIMAF) cement plant in Owendo, Gabon, in the presence of the country’s Prime Minister and other dignitaries. "This is another testimony of the achievements that we see accomplished in the industrial Gabon. And we are happy that the inauguration today be in the company of our Moroccan brothers who took it upon themselves to come and invest in our country,” said the president. Built with an investment o... |
Addoha Group to build 0.5Mta Gabon works09 June 2015, Published under Cement NewsMorocco’s Addoha Group announced plans to build a cement plant in Gabon’s capital, Libreville. The new EUR30m works will be operated through its CIMAF Gabon subsidiary. It will have an initial production capacity of 0.5Mta, but will be expandable to 1Mta. The greenfield plant is expected to generated 200 direct and 1000 indirect jobs. |
CIMAT to invest in new kiln and grinding plant28 October 2014, Published under Cement NewsFollowing the strong demand in the Gabon cement market, domestic producer CIMAT will install “a latest-generation kiln with a production capacity between 3600-4000tpd. The installation will be in line with international European standards, necessary to produce high-quality cement,” said the company in a statement. The Gabon cement producer is also investing XAF23bn (US$44.5m) in the construction of a new grinding centre and bagging plant in Owendo. It is expected that the additio... |
Dangote on-track to complete five projects in 201414 January 2014, Published under Cement NewsDangote Cement will complete five cement plants across sub-Saharan Africa this year, adding around 13.5Mta of capacity to the group's existing volumes, according to Aliko Dangote, company chief executive. The projects include a 1.5Mta plant in Zambia and Tanzania each, a 3Mta works in South Africa and a 1.5Mta facility in both the Republic of Congo and Gabon. Last week, Nigeria's High Commissioner to Zambia, Sifawu Momoh, said that the Zambia plant will be inaugurated next month. In it... |