Cement News tagged under: Ghana
HeidelbergCement expands capacity in Ghana12 March 2013, Published under Cement NewsHeidelbergCement is constructing a new cement mill with an annual capacity of 0.8Mta at its grinding plant in the port city of Takoradi. The investment of US$30m also includes the construction of a new clinker and a new cement silo as well as the installation of new cement bag packing and dispatch facilities. In November 2012, HeidelbergCement inaugurated a new 1Mta cement mill at its grinding plant in Tema some 25km east of the capital city of Accra. “The construction of the new cemen... |
Dangote calls for limestone allocation to invest in Ghana22 January 2013, Published under Cement NewsDangote Cement has said it is yet to receive a limestone allocation from the government of Ghana to invest in local production. The Nigerian cement major is instead having to bag cement produced in Nigeria for distribution on the Ghanaian market. “If we get limestone today, within 24 months we will be producing,” Alhaji Tajudeen Sijuade, Vice Chairman of Dangote Cement Ghana Limited, told told press at the company’s plant in Tema terminal in Ghana where tonnes of finished cement are bagge... |
West Africa: Dangote Cement to meet demand10 January 2013, Published under Cement NewsWith the rising concern of unavailability of cement during certain times of the year in Ghana and the rapid infrastructure development of many economies in Africa, especially the sub region, Dangote has positioned itself to meet the supply needs of estate and private home developers. “We are expanding the capacity of the Ibese plant, which already has two mills which produce a total of 6Mta, with two more units of mills and storage capacity for clinker to produce 12Mta. This will be big en... |
Ghana: Ghacem makes cement donation31 December 2012, Published under Cement NewsThe Ghacem Cement Foundation (GCF) has given 17,500 bags cement to communities in the Northern Sector of Ghana to help boost infrastructural development. The donation, which took place last Friday in Tamale, formed part of the last two distributions by the foundation, this year. The Southern Sector, which comprises the Western, Central, Greater Accra, Eastern and Volta regions, was the first to receive the cement at a ceremony held in July, this year at Cape Coast. Delivering the keynote a... |
HeidelbergCement commissions new grinding plant in Ghana04 December 2012, Published under Cement NewsHeidelbergCement has commissioned a new cement mill with a 1Mta capacity at its Tema cement grinding plant in Ghana. HeidelbergCement’s new 1Mta grinding mill in Tema, Ghana Ghacem, a subsidiary of HeidelbergCement, operates two cement grinding plants in the coastal cities of Tema and Takoradi, Ghana. With the commissioning of the new mill, Ghacem has increased its cement grinding capacity to 3.7Mta. Capital expenditure for the new project amounted to €16m. With around 300,00... |
HeidelbergCement increases revenue and operating income08 November 2012, Published under Cement NewsGerman cement major HeidelbergCement has reported increases revenue and operating income in for the third quarter 2012 driven by cost savings and price increases and announced significant reduction in net debt. Group revenue in the 3Q12 rose by 8.9 per cent to €3944m, driven by increasing prices, and a favourable development of exchange rates. Positive exchange rate effects supported the development of revenue particularly in North America, Asia-Pacific, as well as Western and Northern Eu... |
Ghana: Government backs pozzolana cement22 August 2012, Published under Cement NewsNew schools and housing units in Ghana are to be built with pozzolana cement after the government signed an agreement with Pozzolana Ghana Limited (PGL). The Architecture Engineering Service Ltd (AESL), State Housing Company and SADA are spearheading the initiative and have signed a Memorandum of Understanding to execute government projects with proportional pozzolana cement, Vivek Garg, PGL managing director, told the Ghana News Agency. He said PGL was transporting thousands of bags of p... |
Ghacem to commission new mill by year-end, Ghana17 July 2012, Published under Cement NewsGhana’s leading cement producer Ghacem is to commission an additional 1Mta mill this year at its Tema Factory in November this year, according to the company’s managing director Morten Gade. Speaking at the company’s 2011 Workers Performance Appraisal Awards Ceremony, Mr Gade said that last year Ghacem produced 2.55Mt of cement and, of which its Tema plant accounted for 1.3Mt and the Takadori plant 1.25Mt. A new 1Mta mill will also be constructed at the Takordori works in 2013, Mr Gade no... |
Ghacem responds to World Bank comments28 June 2012, Published under Cement NewsGhana’s leading cement producer, Ghacem, has refuted a report by the World Bank that the company is enjoying dominance over the domestic construction sector. The World Bank is reported to have expressed concerns over the control of Ghacem and Diamond Cement over the local building sector, thus suppressing competition which is having a negative impact on cement prices and supply. However, Ghacem’s strategy and corporate affairs director, Dr George Dawson-Ahmoah has denied these criticis... |
Concerns over Ghana’s cement duopoly22 June 2012, Published under Cement NewsThe World Bank has expressed its concern over the dominance of Ghana Cement Company (Ghacem) and Diamond Cement Company in the sale of cement in the country, local press report. The bank is worried that the two companies control more than 80 per cent of the market and suppress competition in the sector with negative consequences on the prices and supply of cement to the building and construction industry. It has therefore called for urgent steps that would liberalise the market “to eng... |