Cement News tagged under: West Africa
Aumund completes 75,000t silo order for LafargeHolcim Côte d'Ivoire23 December 2020, Published under Cement NewsAumund France has supplied a complete solution package to LafargeHolcim Côte d’Ivoire for clinker discharge from a new silo with a capacity of 75,000t, and commissioned the equipment in the summer of 2020, despite restrictions caused by the coronavirus pandemic. LafargeHolcim Côte d’Ivoire had placed a large order with Aumund Sarl for its plant in Abidjan, the largest metropolitan area of the country. The supply consisted of the silo, two Aumund Pan Conveyors type KZB with 10 Gravity Disc... |
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 Cement set to begin share repurchase scheme22 December 2020, Published under Cement NewsNigeria’s Dangote Cement is planning to begin a share buyback programme, starting with a first tranche of 85.2m shares or 0.5 per cent of the total in issue. The purchase is set to take place on 30 December. It is Nigeria’s first company to undertake a share buyback, as previous attempts failed due to fears that the process may be abused. The repurchase plans are not expected to exceed 10 per cent of its issued capital. The shares being purchased will be held as treasury shares and could... |
Nigerian cement price hike causes concern for building standards16 December 2020, Published under Cement NewsThe Nigerian Institute of Building (NIOB) has said the significant rise in cement prices in the country and the low purchasing power of Nigerians may result in a danger to building construction standards, according to This Day. The institute has therefore called upon the government's intervention. Cement prices recently increased from around NGN2600/50kg (US$6.86) to NGN3500/50kg. The NIOB has stated that the price increase could exacerbate an already volatile and precarious situation. Th... |
Dangote Cameroon sells 1Mt of cement in the 9M2020 November 2020, Published under Cement NewsDangote Cameroon has announced that it sold around 1Mt of cement from its 1.5Mta grinding plant in the first nine months of 2020, up 18 per cent YoY from the 9M19. The company has estimated that it had a 39 per cent market share during the period. The rise in demand has been attributed to increased investments in construction projects. “The market is primarily driven by individual construction projects and government housing estates,” said the company. |
Community petitions Dangote for payment of land ownership entitlements19 November 2020, Published under Cement NewsMembers of the Ijako-Orile community in the Yewa North area of Ogun State, Nigeria, have staged a peaceful protest, urging for the payment of their ownership entitlements to the land on which the Dangote Cement factory is situated in Ibese, according to This Day. Representatives of the community have also submitted a letter of appeal to the president of Dangote Cement, Alhaji Aliko Dangote, over the issue. In their petition, the Ijako-Orile community say they own the land upon which the f... |
Dangote allowed to resume overland exports11 November 2020, Published under Cement NewsNigeria’s government has allowed Dangote Cement to resume exports across the country’s land borders, reports Bloomberg. The step has raised expectations that the country may be opening up trade with its neighbours again. Land borders have been closed for over one year as authorities curbed smuggling and wanted to boost local production. While it encouraged the consumption of locally-grown produce such as rice, factories across west Africa have been impacted by the closure. The regime of ... |
Dangote posts 12% rise in 3Q revenue09 November 2020, Published under Cement NewsDangote Cement plc reported a revenue of NGN761.4bn (US$1.987bn) in the nine months ended 30 September 2020, representing a 12 per cent YoY rise when compared with 9M19, according to a statement by Michel Puchercos, group CEO. Group EBITDA advanced 17.1 per cent to NGN355bn. “The Cement Group’s revenue went up by 12 per cent to NGN761.4bn compared to NGN679.8bn in 2019 with domestic operations accounting for NGN535.51bn which compared to NGN467.88bn up by 14.5 per cent. Pan-Africa operati... |
Chad’s Baoré plant to start up in November09 November 2020, Published under Cement NewsThe Baoré cement plant will commence production this month, according to the country’s President, Idriss Déby. The government will also subsidise the price of a bag of cement. The plant was inaugurated in 2012 by the president. At the time, the ex-works price was set at XAF4200/bag (US$7.60/bag) and the retail price were not to exceed XAF6000. On 28 July, the country’s Minister of Petroleum and Mines, Oumar Torbo Djarma, had said that “Everything will be back to normal”, following a meet... |
COVID-19 closes WACEM's Tabligbo plant04 November 2020, Published under Cement NewsThe West African Cement plant (WACEM) has shut down its grinding plant in Togo for two weeks. The 1.8Mta Tabligbo plant has closed to halt the spread of COVID-19. The Ministry of Trade and Industry released an official statement saying: "On October 30, 2020, the national coordinator in charge of the response against COVID-19 informed me about an outbreak at the WACEM, a company located in the free trade zone." The plant is situated 80km from Lomé, in the Yoto prefecture. The lat... |