Cement News tagged under: LafargeHolcim Maroc
Cameroon: new Cimencam plant by 201819 October 2016, Published under Cement NewsSociété les Cimenteries du Cameroun (Cimencam) announced that the commissioning of its new Nomayos cement plant is scheduled for mid-2018. The new grinding unit will boast an installed capacity of 2Mta and is expected to cost XAF23bn (US$38.5m). The project, which was originally announced in 2011, will benefit from 5-10 years of tax and customs duties exemptions, as per an agreement signed in May between Cimencam and the State of Cameroon. The agreement follows the conditions provided in ... |
LafargeHolcim continues African expansion13 October 2016, Published under Cement NewsFollowing the acquisition of Socimat in Côte d’Ivoire last July, LafargeHolcim Maroc Afrique (LHMA) continues its regional expansion. LHMA, a joint venture between Morocco’s Société Nationale d’Investissement (SNI) and LafargeHolcim, will buy back 50 per cent of the capital of SCB Lafarge in Benin and 54.7 per cent of Cimencam in Cameroon, according to Afrique Expansion. The transaction values have not been disclosed. SCB Lafarge has a production capacity estimated at 0.6Mta while Cim... |