Displaying items by tag: Chilanga Cement

Zambia: Chilanga Cement has announced its results for the first half of 2024. Its sales rose by 34% from US$34m in the first half of 2023 to US$45.5m in the reporting period. Profit before tax more than doubled from US$4.2m to US$11.8m.

Zambia: Chilanga Cement has commissioned a US$20m kiln upgrade project, known as the Phoenix Project, at its Ndola plant. This initiative will double the plant's cement production capacity from 500,000t/yr to 1Mt/yr.

Zambia: Chilanga Cement has started lime production at its Ndola plant. The new lime unit at the plant has a production capacity of 108,000t/yr, according to the Times of Zambia newspaper. The project had an investment of US$5m. The subsidiary of Switzerland-based Holcim has launched a new lime produced called ‘PAWA Lime’ targeted at the mining and industrial sectors.

Zambia: China-based Huaxin Cement has increased its stake in Chilanga Cement (formerly Lafarge Zambia) to 81%. The Times of Zambia newspaper has reported that the group previously owned a 75% share of the producer.