Displaying items by tag: CIMENCAM

Cameroon: Cimencam will spend US$70m to upgrade its integrated plant at Figuil. A new kiln is being built at the plant to meet increased demand from export markets in Chad and the Central African Republic, according to the Cameroon Tribune newspaper. The subsidiary of LafargeHolcim is also building a cement grinding plant at Nomayos.

Cameroon: The Ministry of Finance forecasts that demand for cement will rise by 10% due to various infrastructure projects. The government department also indicated that some cement producers are increasing their production capacity, according to Business in Cameroon.

Cimencam, a subsidiary of LafargeHolcim, is planning to build a 0.5Mt/yr grinding plant at Nomayos in Yaoundé. It is expected to be complete in 2019. Dangote Cement plans to build a 1.5Mt/yr plant in Yaoundé and Ciments de l'Afrique (CIMAF) is upgrading its plant Douala to 1.5Mt/yr from 0.5Mt/yr. The CIMAF project is scheduled for completion also in 2019. Following commissioning of all the new projects, the market share of each cement producer is expected to be Dangote Cement with 45%, Cimencam with 30%, CIMAF with 22% and Medcem with 3%.

Cameroon: Cimencam, a subsidiary of LafargeHolcim via LafargeHolcim Maroc Afrique (LHMA), has announced that it will build a 0.5Mt/yr cement grinding plant at Nomayos, near Yaoundé with a budget of Euro42.6m. The plant will be the cement producer’s third in the country, according to the Échos Quotidien newspaper. Cement from the new plant will be sold locally as well as elsewhere in Central Africa. LHMA owns a 54.74% share in Cimencam.

Cameroon: CBMI has signed a contract with LafargeHolcim to build a 0.5Mt/yr cement grinding plant in Yaoundé. The project will be built for Cimencam, LafargeHolcim's joint venture in the country. No value for the deal was disclosed.

The scope of the project covers clinker feeding to cement packing and shipping. The contract will come into force after being signed, receiving of guarantees and CBMI’s receiving advance payments. Contract periods are 18 months after contracts coming into force to complete industrial tests, and 19 months to commissioning.

It follows the announcement in mid-December 2016 of grinding plant projects in Uganda and Kenya.

Benin/Cameroon: LafargeHolcim Maroc Afrique has purchased a 50% stake in SCB Lafarge Benin and 54.7% in Cimencam in Cameroon. Amounts for the deals have not been disclosed, according to the Ecofin Agency. LafargeHolcim Maroc Afrique, a joint venture between Lafarge Holcim and the Société nationale d’investissement also bought Socimat in Cote d’Ivoire in July 2016.

SCB Lafarge in Benin produces about 600,000t/yr of cement and Cimencam produces 1.7Mt/yr. The new acquisitions are part of LafargeHolcim’s expansion strategy across Africa. Countries with high growth potential such as Burkina Faso, Gabon, Mali, Mauritania, Congo, DRC and Senegal have also been targeted.

Cameroon: Les Cimenteries du Cameroun (Cimencam), a subsidiary of the multinational LafargeHolcim, has announced that it has signed an investment agreement with the government for the construction of a new cement grinding unit in Nomayas.

The new US$40.3m installation is scheduled to start operation in 2018, initially with a capacity of 0.5Mt/yr. It will have the option to increase production to 1Mt/yr. The plant will use imported clinker from the port of Kribi.