Africa & The Middle East

Dangote Cement releases 1Q12 financial results.

FLSmidth has won a contract to supply a 6000 tpd cement production line for a company in the Middle East.

Paul Maxwell-Cook’s Industry Insight looks at Nigeria’s burgeoning cement industry, its expansion plans both domestically and further afield, and the impact of Chinese investment. This article is an abridged version of the full article, which appeared in the May 2012 issue of World Cement.

Dangote Cement’s pre-tax profit rose to N118.28 billion in 2011. Dangote also plans to list on the London Stock Exchange next year, to finance its rapid expansion.

Cement plant in Saudi Arabia will be equipped with a Gebr. Pfeiffer grinding plant.

Report on the GCC cement industry reveals increased profits despite an average fall in prices.

Intensiv-Filter has received an order for a common bag filter from Ciment de Sibline, Lebanon.

New capacity and planned expansions could spell the end of expensive imports for Nigeria.

Global Investment House, Kuwait, discusses the state of the cement industry in the GCC region.

IFC has provided a US$50 million loan to Lafarge to aid economic recovery in Iraq.

In an unexpected end to the COP17 summit in Durban South Africa, the US, China and India have agreed to be included in a new legal framework for emissions reduction that will come into force in 2020, although the details of the deal are yet to be agreed. COP17 also agreed to an extension of the Kyoto Protocol to 2017.

Cimentos de Moçambique, Cimpor’s brand in the Mozambican market, has just been awarded the Best Brand of 2011 prize in the Industrial category of the Best Brands of Mozambique 2011 survey.

Macmahon Holdings Ltd is to undertake quarrying operations at UniCem’s 2.5 million tpa cement plant near Calabar, Nigeria.

A new 6 million tpa Dangote cement plant in Ibese, Ogun State, will soon be inaugurated.

Bamburi Cement and Athi River Mining are expected to realise higher cash return from their operations in the next three years.