Cement News tagged under: Sococim
Sococim Industries prepares for Kiln No 6 expansion03 January 2024, Published under Cement NewsSococim Industries of Senegal ( Vicat group ) has announced its expansion project with the doubling of production capacity with the Kiln No 6 project in order to support the evolution of the market. According to Deputy Director General, Matar Drop, “this project represents a concrete and ambitious commitment to meet the current high demand while integrating environmental concerns.” In March 2023 , Fives of France announced that it would be supplying a new burner and reducing NO x emi... |
SOCOCIM Industries to arrange IFC loan for Kiln 6 project12 December 2022, Published under Cement NewsSenegal-based SOCOCIM Industries (VICAT group) is organising a debt facility with the International Finance Corporation (IFC) to construct a high fuel-efficient Kiln 6. The total project cost is expected to be up to EUR260m. IFC’s financing consists of up to EUR120m IFC A-loan and up to EUR120m equivalent in parallel loans. The investment includes the equipment for a complete clinker line , quarry crusher and associated conveyors, pre-stocking hall, raw grinder, fuel preparation works... |
Senegal sales up 12% YoY11 February 2022, Published under Cement NewsCement sales in Senegal advanced 12.7 per cent MoM and by 11.9 per cent YoY in November 2021, according to its National Agency for Statistics and Demography (ANSD). Output from the plants of SOCOCIM, Dangote and Ciments du Sahel increased by 11 per cent MoM and by 20.7 per cent YoY in November 2021. Exports declined 5.6 per cent in November 2021 when compared with export shipments in October 2021 although YoY they were up 29.6 per cent. |
SOCOCIM launches Climate Plan14 December 2021, Published under Cement NewsSenegal’s SOCOCIM has launched its “Climate Plan” to reduce its carbon footprint by opening a new production line at its Rufisque plant with a capacity of 10,000tpd. FIVES has been awarded the contract for the engineering and equipment. When completed the company’s low-carbon cement capacity will increase from 3.5Mta to 7Mta. SOCOCIM’s Climate Plan aims to reduce the company’s carbon footprint and enable the cement producer to gradually phase out the use of fossil fuels in cement production... |
Cement shortage in Senegal intensifies24 April 2019, Published under Cement NewsTechnical issues at Sococim’s cement factory are affecting the company’s clinker supply and are impacting on Senegal’s cement output, according to Senegal Direct. The country has already suffered a shortage of the product and has seen prices increase from XOF3000 (US$5.13)/bag to XOF3300/bag. |
No change for Senegal maximum cement prices18 March 2019, Published under Cement NewsThe maximum cement price in Senegal will remain at previous year’s level, according to the country’s Ministry of Commerce. "Pursuant to the provisions of Article 43 of Law No. 94-63 of 22 August 1994 on price, competition and economic litigation, ceiling prices for ex-factory cement are set at prices previously applied as of 1 January 2018", indicated a decree sent to the Agence de Press Sénégalaise. The announcement follows a recent price increase by Sococim, which had lifted its price ... |
Senegal cement price rises cut short19 October 2018, Published under Cement NewsSenegal’s Minister of Commerce, the Informal Sector, Consumption and SMEs, Alioune Sarr, has frozen the ceiling for cement prices to their previous levels, according to a press release by the ministry. "As a result, all cement plants located in Senegal are invited to comply with the new regulatory provisions pending the results of evaluations provided by its services. In any case, the services of the Directorate of Internal Trade will ensure the strict application of the regulations,” the ... |
Senegal cement battle looms24 March 2014, Published under Cement NewsAliko Dangote, Nigeria's powerful industrial conglomerate owner, is facing a battle to get his Senegalese cement plant up and running due to legal action and stiff competition. Vicat and its Sococim subsidiary in Senegal are ready to protect market share in west Africa by taking on Aliko Dangote. Dangote's Senegalese plant, one of the largest in Africa, is scheduled to start operation "within 90 days", Aramine Mbacke, the CEO of Dangote Senegal, told Financial Afrik magazine earlier th... |
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