Cement News tagged under: Senegal
CIMAF to expand capacity with IFC, Proparco and EAIF financing11 November 2021, Published under Cement NewsCIMAF will receive financial support from IFC, Proparco and the Emerging Africa Infrastructure Fund (EAIF) to help its drive for capacity expansion to meet the growing demand for housing and infrastructure in west Africa. IFC is providing a EUR161.25m financial package for CIMAF, which includes a EUR92.5m loan on its own account as well as a parallel loan of EUR33.75m from Proparco and a EUR35m B loan from the EAIF. The finance package will enable CIMAF to expand its existing cement grind... |
Senegal demand surges but exports fall in April28 July 2021, Published under Cement NewsThe Senegalese cement market expanded by 158.7 per cent in April 2021, according to the Agence Nationale de la Statistique et de la Demographie. However, domestic output declined by 9.9 per cent while export sales slipped by 3.5 per cent YoY in April 2021. |
Cement exports from Senegal drop 35% in February24 May 2021, Published under Cement NewsExports of cement from Senegal declined 35.3 per cent MoM in February 2021, according to the country’s national statistics agency, ANSD. When compared with February 2020, exports decreased 32.4 per cent. Domestic sales fell by eight per cent MoM in February 2021 while output from Senegalese cement plants was down by 6.5 per cent in the same period. When compared with the equivalent month of 2020, sales and output improved by 12.5 and 3.1 per cent, respectively. |
Sinoma-CBMI lifts ball mills into position on SC3 project13 May 2021, Published under Cement NewsSinoma-CBMI is progressing with the modernisation of the Ciments du Sahel plant in Kirene, Senegal. The third clinker line (SC3) project has recently seen the installation of two cement mills lifted into place. The size of each ball mill is 5.2m x19.25m and they weigh in at 208t. Sinoma-CBMI broke ground on the SC3 project in December 2020. The project will result in a new 6000tpd clinker line at a cost of EUR245m. Switzerland-based CESA Engineering Technology Co is worki... |
FLSmidth to supply control systems at Kirene16 April 2021, Published under Cement NewsChina’s CBMI Construction Co Ltd has contracted FLSmidth for the supply and engineering of three complete control systems at two existing and one new cement line in Kirene, Senegal. The order became effective in the first quarter of 2021. All three lines will have a shared digital infrastructure built on the FLSmidth ECS/ControlCenter™ platform, as well as its plant data management software, ECS/PlantDataManagement. The software is the operational interface for all data, allowing plant ma... |
Senegalese cement output up 9% in December 202017 March 2021, Published under Cement NewsThe production of cement in Senegal has advanced 8.9 per cent MoM in December 2020. However, domestic cement sales have slipped by 0.1 per cent while exports were down 9.2 per cent MoM, according to the national statistics and demographic agency, ANSD. When compared with the year-ago period, production edged up 0.9 per cent, while local sales remained stable and exports contracted by 17 per cent. |
Vicat announces FY20 sales of EUR2805m17 February 2021, Published under Cement NewsVicat announced FY20 sales of EUR2805m, up 5.5 per cent from EUR2740m in FY19. EBITDA rose to EUR557m, up by 10.1 per cent LfL and EBIT increased to EUR298m, a rise of 17.5 per cent LfL. Vicat’s consolidated net income reached EUR172m, up 17.5 per cent LfL from EUR160m in FY19. Cash flow totalled EUR461m up 12.9 per cent LfL and net debt fell to EUR1202m, down EUR88m. Leverage is at 2.16x. EBITDA rose by EUR26m in the Americas, EUR14m in Asia, EUR9m in Africa and EUR1m in Europe. EBIT... |
Aumund Group wins Sinoma order for Les Ciments du Sahel22 December 2020, Published under Cement NewsSinoma International Engineering and its affiliated CBMI Construction are building a new cement plant for Les Ciments du Sahel in Senegal, which will be almost completely equipped with conveying solutions from the Aumund Group. The order was the result of successful teamwork between Aumund France and Aumund China, and comprises more than 60 machines. The equipment will operate in all stages of the production process, from raw materials discharge to conveying between the clinker silo an... |
Dangote's 1H20 results see 2% revenue growth27 July 2020, Published under Cement NewsDangote Cement reported group revenue up two per cent to NGN476.9bn (US$1.23bn) in the 1H20. Group EBITDA rose to NGN218.1bn and pan-African EBITDA increased by 31.6 per cent to NGN31.5bn. Profit before tax was up 4.7 per cent to NGN162.9bn and net debt stood at NGN372.1bn at the end of 30 June 2020. Michel Puchercos, Group CEO, said: "I am humbled by the fact that we continue to be in a strong position despite the economic downturn that the world is facing due to COVID-19. Although April ... |
Senegal sees contraction in cement sector17 June 2020, Published under Cement NewsCement exports from Senegal have fallen by 42.3 per cent MoM in March 2020 while domestic sales slipped by 0.5 per cent, according to ANSD, the national agency for statistics and demography. YoY the drop was 41.5 per cent for exports while domestic sales edged up 0.2 per cent. Output at the country’s cement plants declined by 9.5 per cent MoM and 7.7 per cent YoY. |