ARM Cement reports improved profit and revenue
Strong cement demand contributed to higher sales for the Kenyan cement company, which is benefitting from growing demand in the East Africa region.
Strong cement demand contributed to higher sales for the Kenyan cement company, which is benefitting from growing demand in the East Africa region.
The MVR 6700 C-6 cement mill to be supplied is the second largest in the world. Gebr Pfeiffer will also supply a raw mill to the plant via contractor CBMI.
Cement dealers have been accused of hoarding in Ghana, while in Nigeria cement companies increase production capacity and seek to improve their market share.
The Aden Free Zone Authority (AFZ) and Dar Al-Yemen Co. Ltd have signed an agreement worth US$32 million for the construction of a new cement plant in Yemen.
Tanzania Electric Supply Company Ltd (TANESCO) has signed a power supply contract with Tanga Cement Company Ltd (TCCL), which is set to improve the latter’s production capacity.
Oman Arab Bank has signed new banking facilities for Oman Cement Company's cement mill no. 5, while Saudi Cement Company releases its 2Q14 results.
Lafarge’s AshakaCem is reportedly fast-tracking its N100 billion expansion project in the northeast of Nigeria.
Suez Cement Group of Companies helped to announce the winners of the Enactus Egypt Competition, which it supports as part of its CSR programme.
Domestic cement consumption in Morocco declined from almost 1.37 million t in June 2013 to 1.24 million t in June 2014.
Iran exported over 5.07 million t of cement and clinker in the first quarter of the current Iranian calendar year.
The new plant, which will produce 1 million tpa of lime via eight kilns, is under construction in Oman’s Dhofar Governorate.
The ground-breaking ceremony for the new Cimaf Ciments de L’Afrique cement plant has taken place in Tema, Ghana.
Holcim has confirmed the merger with Lafarge does not mean it is planning a take-over of Bamburi Cement.
Shareholders of Lafarge Cement WAPCO Nigeria have approved the merger of the company’s Nigerian and South African assets into Lafarge Africa Plc.
Infrastructure projects and real estate demand are driving cement consumption in Kenya. The National Bureau of Statistics is reporting an average monthly increase of more than 100 000 t y/y.