Displaying items by tag: Cameroon
Cimencam upgrading Figuil cement plant
06 June 2018Cameroon: 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 exports nearly triple
24 May 2018Cameroon: Cement exports from Cameroon came to 57,459t in 2017, a 191% rise year-on-year compared to 19,700t in 2016, according to figures released by the Ministry of Economy, Planning and Spatial Planning (MINEPAT). Most of these exports to the countries of the Economic and Monetary Community of Central Africa (CEMAC).
Imports pale in comparison to exports at just 1282t in 2017, mainly coming from China and Turkey. They were, however, up on the 900t imported in 2017.
This increase in exports is explained by the increase in local cement production. Cameroon now has a cement production capacity of 3.7Mt/yr.
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%.
Ciments de Bizerte starts clinker exports to Cameroon
05 April 2018Tunisia: Ciments de Bizerte has restarted exports of clinker and cement after a hiatus of ten years. A shipment of 25,000t of clinker disembarked from the cement producer’s port to Cameroon in early April 2018, according to La Presse de Tunisie newspaper. The local cement industry has an overcapcty of 1Mt/yr.
Dangote Cement Cameroon claims 45% market share
07 November 2017Cameroon: The local subsidiary of Dangote Cement in Cameroon (DCC) claims to control 45% of the cement market just two years after opening a grinding plant in Douala. The cement producer aims to producer 1.3Mt of cement in 2017 from its 1.5Mt/yr plant, according to the Journal du Cameroun newspaper. Other producers in the local market include Cinencam, a subsidiary of LafargeHolcim that has a 45% share, and Medcem and CIMAF, which share the remaining market share.
Medcem Cameroon spends US$10m on upgrades at Douala plant
31 October 2017Cameroon: Medcem Cameroon plans to invest US$10m to upgrade its 0.4Mt/yr cement grinding plant in Douala. Following the upgrade the unit will have a production capacity of 1Mt/yr. The investment has been planned to meet a demand increase mostly driven by national infrastructure and construction projects. The project is planned for completion in 2018. Following the upgrade the cement producer will be the fourth largest in the country.
Lion cement brand to launch in Cameroon in October 2017
04 September 2017Cameroon: Egin (Entreprise générale industrielle) plans to launch Lion brand cement in October 2017. The company signed an investment agreement with the government’s Investment Promotion Agency (API) in late Augut 2017, according to local press. Around US$15m has been invested in a production unit based in Douala. The site is expcted to employ 30 workers.
Gabon: Morocco’s Ciments de l'Afrique (CIMAF) is planning to upgrade its cement grinding plant at Owendo with a clinker production line. The upgrade is anticipated to double the plant’s cement production capacity to 1.2Mt/yr from 0.6Mt/yr, according to Agence Ecofin. CIMAF plans to invest Euro150m in the project. Potential quarry sites at Ntoum and Nkoltang have been identified to support the initiative. The upgrade is intended to meet local demand and to provide export options to the Republic of the Congo and Cameroon. CIMAF’s grinding plant was opened in June 2016.
LafargeHolcim expands retail network for construction materials in Middle East and Africa
15 June 2017Middle East/Africa: LafargeHolcim is expanding its specialised Binastore retail network for construction materials in Middle East and Africa. The construction materials producer already operates 500 stores in the region that serves end-consumers, self-builders, masons and smaller contractors. The newly-branded network will sell a broad range of LafargeHolcim’s own products and solutions as well as a variety of other construction materials from partner suppliers.
The first stores operating under the Binastore brand have begun to serve customers in Algeria, Cameroon, Iraq and Lebanon. The format of the stores will vary with sizes from 50m2 to 2000m2 and it will also include mobile stores in some rural locations. Existing stores in the region will gradually be rebranded as Binastore, while new stores will also open under this brand.
“Our vision is to build the largest retail network for construction materials in the Middle East Africa region so the Binastore brand becomes a household name for small and medium-size builders. Building on our success in Algeria, our goal is to deliver a range of building products, including our own, through multiple channels to meet the needs and lifestyle of our customers who are becoming more and more sophisticated,” said Saâd Sebbar, Region Head Middle East Africa.
The Binastore network is part of LafargeHolcim’s long-term strategy of expanding its retail business in emerging markets. In April 2017, the group announced the rollout of Disensa, a similar concept, in Latin America, where the goal is to have a network of around 1000 stores operating by the end of 2017.
Cameroon: Mira’s plans to build a 1Mt/yr cement plant have taken a step forward with an investment of US$55m. The investment is a continuation of an agreement signed with the government in late 2015, according to the African Press Agency. The project intends to use a 2013 private investment incentives law granting tax exemptions over a 5 – 10 year period to set up the plant.