Cement News tagged under: Senegal
Dangote Cement starts Senegal exports and sets new target15 June 2020, Published under Cement NewsNigeria’s Dangote Cement exported its first shipment of clinker to Senegal during the weekend. The 27,800t shipment set off from the company’s terminal in Apapa Port, Lagos. "This vessel, being the maiden ship is exporting 27,800t to Senegal and this is just a tip of the iceberg as to what we have in plan. What we have in plan is to send clinker from Nigeria to Côte d'Ivoire, Cameroon and Ghana," said Alhaji Sada Ladan-Baki, group executive director. Mr Ladan-Baki also noted that the com... |
Senegal sees another cement tax rise28 April 2020, Published under Cement NewsSenegal’s President, Macky Sall, has imposed a tax of XOF2000/t (US$3.30/t) on cement to finance social housing, according to Le Quotidien. The latest increase follows a XOF3000 hike only a few months earlier and cement producers have warned that the new tax will lead to a rise in cement prices and a spike in building material prices. However, consumers have disputed the arguments of the cement companies and said that the rise has already occurred. |
Le Ciment du Sahel's quarry extension is put on hold13 November 2019, Published under Cement NewsResidents of Bandia, a town east of Dakar, Senegal, are concerned about Le Ciment du Sahel's plans to extend its quarry by an additional 236ha, cutting into a Baobab reserve. The government has not given its final clearance for the project, following mounting local resistance, demanding the protection of the forest. Le Ciment du Sahel (CDS), has a capital of XOF13.5bn (EUR20.6m) and is owned by the Layousse family. The cement company has been extracting limestone reserves since 2002 at its... |
Emerging Senegal10 September 2019, Published under Cement NewsSenegal, home to one of west Africa’s largest cement industries, is a nation on the rise. Long-term political stability has resulted in sustained economic growth. Looking ahead, President Macky Sall’s government is pursuing an ambitious development strategy supported by important new oil and gas investments. This will help to ensure domestic cement demand is able to sustain the cement industry and its three integrated producers. Robust growth in Senegal’s cement demand is expected to ... |
Senegal’s 1H19 cement output largely stable 3.543Mt22 August 2019, Published under Cement NewsThe production of cement in Senegal remained largely stable YoY at 3,543,100t in the first half of 2019, according to Sahel Intelligence. In the 1H18 output from the country’s cement plants reached 3,546,000t. However, output in June increased by six per cent to 588,100t when compared with 555,000t reported for June 2018. |
Dangote Cement clocks in with iris technology11 June 2019, Published under Cement NewsDangote Cement is keeping an eye on staff arrival and attendance with an iris recognition system to keep tabs on its 30,000 employees located in five countries in Africa. Dangote's operations in Nigeria, Ethiopia, Senegal, Sierra Leone and Republic of Congo will use the iris-ID system. The software is contactless and simply uses the coloured part of the eye surrounding the pupil to identify staff. According to Preasanna Kumar Burri, Dangote Group chief information officer, the traditi... |
Cement production in Senegal sees 10% drop in March24 May 2019, Published under Cement NewsBy end March 2019, cement production in Senegal fell by 9.9 per cent, or 65,000t, when compared with March 2018, according to data by cement plants quoted by Journal du Cameroun. Output declined to 590,700t in March 2019 from 655,700t in the same period the year before. Export sales decreased by 28.4 per cent YoY to 140,100t from 195,800t in March 2018. Meanwhile, domestic sales edged up by 0.1 per cent to 458,800t (March 2018: 458,300t). |
Dangote Cement22 May 2019, Published under Cement NewsThe first quarter of 2019 saw Dangote Cement report a 2.3 per cent YoY increase in volumes to 6.3Mt. Over the same period, however, group revenue declined by 0.8 per cent to NGN240.2bn (US$668m) while EBITDA contracted by 11.2 per cent to NGN111.8bn. Nigeria: despite a subdued economy, the cement market grew by six per cent in 1Q19 with Dangote supplying almost 4Mt. Revenues, however, fell by 2.3 per cent to NGN169.9bn, EBITDA contracted by 10.4 per cent and margins fell to 60.9 per cent ... |
Mali cement prices rise under absent Senegal imports17 May 2019, Published under Cement NewsCement prices in Mali have risen sharply with some blaming the absence of Senegalese imports while others have put the blame firmly at the door of the government and Diamond Cement. A present, the ex-works cement price is XOF87,500/t (US$149.09/t). However, low output at Diamond Cement’s cement plant is insufficient to serve the 3Mta Malian market. While the company has a cement capacity of 1Mta, output at the plant is currently 0.645Mt, according to representatives of the cement producer. ... |
Vicat can expect higher returns in USA and Brazil10 May 2019, Published under Cement NewsThis week Vicat announced its 1Q19 results with a positive turnover increase of 4.7 per cent to EUR600m. It is a good opportunity to take a closer look at this multinational and the strength of cement demand in some of the countries where it is operating. In France, where the company's headquarters are located, the market has been one of the key supports in Vicat's 8.1 per cent rise in turnover to EUR225m. The company cited favourable macroeconomic and industry conditions supported by high ... |