Dangote Cement reduces prices in Nigeria
Published by Katherine Guenioui,
Editor
World Cement,
According to reports, Dangote Cement has cut cement prices in Nigeria by N300 per 50 kg bag or N6000 per tonne, effective immediately. An announcement was made to the Nigerian Stock Exchange on 3 September. The price cut is relevant to the 3X cement brand, which is a market-leader.
In addition to the new pricing announcement, the company is said to be planning new marketing initiatives to help stimulate growth in Nigeria’s building sector.
Dangote Cement decreased cement prices in November, but had to increase them again in December to protect profits in the wake of fuel shortages, logistics problems and the devaluing naira.
Edited from various sources by Katherine Guenioui
Sources:
Read the article online at: https://www.worldcement.com/africa-middle-east/04092015/dangote-cement-reduces-prices-in-nigeria-500/
You might also like
Ready to revolutionise the cement industry?
Join World Cement in Lisbon, 10 – 13 March 2024, for our first in-person conference and exhibition: EnviroTech.
This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.
Measure Twice, Mix Once
Claudio Piccino, Thermo Fisher Scientific, talks about the benefits of in-stream raw material analysis and what plants should consider when implementing cross-belt online elemental analysers into their process.
