Cement News tagged under: Nigeria
Nigeria: fuel shortages hit cement output16 February 2017, Published under Cement NewsShortages of oil and natural gas have caused cement producers in Nigeria to cut output, with some plants having to close temporarily, reports the Vanguard newspaper. The declining availability of natural gas, low-pour fuel oil and (LPFO), automotive gas oil (AGO) has led to a reduction in cement manufacturing as firms struggle to find sufficient fuel to support normal operations. Dangote, Nigeria’s largest producer, said that its fuel costs rose US$14.40/t in 2016 and that it was conve... |
The world in 2016 and outlook for 201710 February 2017, Published under Cement NewsThis year will be a challenging year for the multinational cement companies, which are now faced by uneven economic performance in the emerging markets, combined with a new era of global political uncertainty that could further destabilise markets. On balance, however, global growth looks set to be anchored by positive trends in the major markets of China, India and the US, more than offsetting the poor performance elsewhere. The large cement majors have spent years diversifying their por... |
Dangote25 January 2017, Published under Cement NewsDangote Cement Senegal is one of three domestic cement companies, along with Sococim and Ciments du Sahel, to apply a new tax introduced by the Senegalese government. Effective 2 January 2017, the tax, which equates to XOF3/kg will increase the price of cement by XOF3000(US$4.92)/t. According to press reports, the move is part of the government’s efforts to reduce loss in income and follows a 25 per cent surge in cement exports in 2016. Dangote’s plant in Senegal, the largest in the co... |
Alternative ambitions16 January 2017, Published under Cement NewsLafargeHolcim’s leadership in reducing CO 2 emissions in the cement industry is spurring the group to make additional investments and further lower such emissions going forward. Its commitment to alternative fuels and the company’s increasing use of them to replace traditional fuels is key to achieving its ambitious CO 2 targets. By LafargeHolcim, Switzerland. As part of its 2030 plan, LafargeHolcim aims to ramp up alternative fuels usage to help reduce net specific CO 2 emissi... |
Nigeria: Cross River to set up cement plant and quarry05 January 2017, Published under Cement NewsThe Cross River State Government has secured operational licenses from the Federal Government to establish its own cement plant and limestone quarry in Akamkpa. George O’Ben-Etchi, Commissioner for Solid Minerals Development: "According to the governor’s plan, the two projects amongst other things, will feed the construction of Super Highway Project." The Commissioner warned that the ministry would no longer tolerate illegal deals by quarry companies. "We are saddled with finding out th... |
Nigeria: BUA Group to offer incentives to cement distributors03 January 2017, Published under Cement NewsBUA Group, the conglomerate which owns the Cement Company of Northern Nigeria, is to offer incentives of NGN100m (US$0.3m) to cement distributors who exceed their sales targets, the Nation reports. “We have embarked on an expansion drive and this will be completed in 2018. Cement business is a very challenging one, because it is a capital intensive business; but I want to assure you that our expansion project will be completed by the end of next year or at the beginning of 2018”, said Alh... |
Nigeria: BUA Group to use local coal deposits at Sokoto29 December 2016, Published under Cement NewsCement Company of Northern Nigeria (CCNN), owned by the BUA Group, will use coal from local mines in Sokoto to generate power for its new 1.5Mta cement plant located in the north west of the country. A 40MW power plant is being constructed at the factory, which will use both coal and LPFO (Low Pour Fuel Oil), while the excess generated power will supply the national grid. |
Nigeria: BUA set to complete 1.5Mta Sokoto expansion by 3Q1722 December 2016, Published under Cement NewsBUA Group subsidiary, CCNN, expects the construction of its new 1.5Mta line at the Sokoto plant to be complete before the 3Q17. Founder and Executive Chairman of BUA Group and Chairman of CCNN, Abdulsamad Rabiu, said the US$300m project, which began in 2013, is the first at the plant since 1986. BUA Group took over majority shareholding in 2010. Mr Rabiu also informed the Minister for Solid Minerals Development, Dr Kayode Fayemi, that the group had discovered coal in commercial quantit... |
Nigeria: BUA cement 8Mta planned expansion19 December 2016, Published under Cement NewsThe BUA Cement 8Mta expansion project initiated last year is expected to be completed by 2018, according to BUA Group CEO, Abdulsamad Rabiu. Mr Rabiu said the expansion will see the firm double its production capacity. Acting Managing Director of the company, Yusuf Benji, said that despite the challenging operating environment, the company would not compromise on the issue of quality of its products. “Our watchword is quality. Anybody that knows our products can attest to the high level o... |
Report predicts strengthening demand for cement additives in Nigeria and South Africa09 December 2016, Published under Cement NewsA new report by market research firm Frost & Sullivan forecasts that demand for cement additives in South Africa and Nigeria will grow at an annualised rate of 71 per cent as companies look to differentiate themselves from their competitors. "The weak rand and naira are making it expensive for cement additives manufacturers to continue importing products," noted Frost & Sullivan Visionary Science Industry Analyst, Constance Nyambayo. "As cement companies look to novel, cost-effective addi... |