Bamburi Cement Group shares half year financial results
The company has published its half year unaudited financial statements in which it posted strong growth in both topline and pretax profit.
The company has published its half year unaudited financial statements in which it posted strong growth in both topline and pretax profit.
The recognition of Lafarge Africa follows the recent IFC Gender Equality study, conducted in partnership with Nigerian Exchange Limited (NGX) to assess gender gaps at 30 leading companies listed on NGX.
The bespoke mills were replicas of the original motors, each with two shaft ends and precisely fitting all existing interfaces.
The company's Nigerian business recorded volume growth of 33.2% in H1 2021 at 9.9Mt, with a record EBITDA of ?311.2B, up 60.1%.
The change of name was approved by shareholders at the company's 70th AGM held on 10th June 2021.
The cement plant is the first in the South Caucasus region, including Azerbaijan, to receive an API (American Petroleum Institute) certificate.
The two stringent global quality norms validate RCC’s adherence to EU standards in cement production.
The industry is expected to recover in 2021, with an expected real growth rate of 3.9%, driven by a sharp recovery in output levels compared to periods when works were not permitted or were severely restricted in 2020, says GlobalData.
The vertical mill type MVR 6000 C-6 with an installed gear power of 6800 kW will be used in the second line of the Cim Metal Group in the Bobo-Dioulasso plant in Burkina Faso.
The Lagos State Waste Management Agency (LAWMA) has applauded the environmental sustainability efforts of Geocycle, Nigeria’s first fully-fledged professional waste management service provider.
The company has received an order for an extension line and an upgrade of the existing line at Cimasso Cement Grinding Plant.
In a new contract signed earlier this year, CBMI Construction Co., Ltd., part of the Sinoma Group, ordered the supply and engineering of three complete control systems for two existing and one new cement line at Kirene in Senegal.
Winners have been chosen in the seventh Lafarge Africa National Essay Competition in Nigeria with the theme ‘Building the Nigeria of my dreams’.
The company recently earmarked a total of CHF 5.3 million to change its current Electrostatic Precipitator (ESP) to a bag house in its Ewekoro plant.
The company has launched a new product on the market – Fundi Masonry Cement, which is a specially formulated cement for plastering, brick laying and mortar works.