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News Ghana

Displaying items by tag: Ghana

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Ghana Environmental Protection Agency raids unlicensed Empire Cement McCarthy Hills cement plant

28 June 2021

Ghana: Environmental Protection Agency (EPA) agents and police have raided China-based Empire Cement’s McCarthy Hills cement plant in Accra. The Ghana News Agency has reported that the facility had entered cement production without a licence. The authorities stopped operations at the site and dismissed the staff, including Chinese nationals. Previously, local residents had complained about potential environmental concerns at the site.

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Nelplast Eco Ghana launches recycled plastic-based blocks as affordable alternative building material

11 June 2021

Ghana: Nelplast Eco Ghana has launched a moulded block produced from a paste of 70% sand and 30% recycled plastics. Xinhua Hello Africa News has reported that the producer sells the blocks as a cement-free alternative building material for building walls, in conjunction with a concrete base and columns. The cost is US$11,000 per house. Nelplast Eco Ghana hopes that the product will ease Ghana’s 2m-unit housing shortage and prevent some of the 1Mt/yr plastic waste (over 95% nationally) going to landfill. It aims to expand its capacity from 1100t/yr in the near-term future.

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Ghanaians protest against Empire Cement’s McCarthy Hill cement plant project

08 June 2021

Ghana: Residents of the McCarthy Hill district in Accra have launched a protest against China-based Empire Cement’s planned McCarthy Hill cement plant. The Daily Guide newspaper has reported that protestors allege that the proposed plant would contaminate water which flows through active salt mines. They have also complained about potential dust emissions from the site. So far the company has broken ground on the project and three silos are in place.

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Dzata Cement bagging plant to open in mid-2021

12 May 2021

Ghana: Dzata Cement, a 1.2Mt/yr bagging plant based in Tema, plans to start commercial production by June 2021. The unit cost US$100m and includes a two line bagging and packaging equipment supplied by Germany-based Haver & Boecker, according to the Ghana News Agency. It will use imported cement. Proposed later phases at the site will see an upgrade in bagging operations to 2.4Mt/yr and the eventual installation of two 3Mt/yr vertical roller mills. As a safeguard against surges of cement imports the government has also introduced new export and import legislation requiring licenses for imports from outside the Economic Community of West African States (ECOWAS) region.

The plant’s founder Ibrahim Mahama is the brother of former Ghanian president John Dramani Mahama. In November 2020 the Ghana News Agency reported that Kofi Amoabeng, the former chief executive officer of UT Bank, said that loans made to companies including Dzata Cement had contributed to the bank being declared insolvent in 2017.

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Bedeschi awarded contract for Port of Takoradi in Ghana

21 April 2021

Ghana: Italy-based Bedeschi has been awarded a contract to supply and install cargo handling equipment for the Port of Takoradi. The project includes the supply of handling equipment and services for importing clinker and exporting bauxite and manganese. Bedeschi will supply five conveyor belts with a total length of 3km, two type 50/1400 A frame shiploaders and one eco-hopper. The shiploaders and the eco-hopper will be delivered fully erected from the supplier’s shipyard directly to the client jetty with a dedicated heavy lift vessel.

The project will adhere to ‘state of the art’ environmental standards with the use of dust collection and de-dusting system specifically designed for this application. All the conveyors will be closed, included the section where tippers and eco hoppers are in operation. Bedeschi will also provide the computerised control system too. No value for the contract or date of commissioned has been released.

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Dangote Cement justifies price in Nigeria

14 April 2021

Nigeria: Dangote Cement says that the price of cement from its plants in Nigeria is the same as from plants in other countries in Africa or cheaper. The cement producer made the announcement in response to local media reports that its prices were allegedly lower in Ghana or Zambia, according to the Vanguard newspaper. It added that it had control over its ex-factory prices but that it could not set the end market price.

Dangote Group Executive Director, Strategy, Portfolio Development and Capital Projects Devakumar Edwin explained that Dangote Cement has a 60% share of the local cement market at present. Demand for cement has risen following the coronavirus pandemic and the company has had to suspend exports from its recently commissioned export terminals in order to meet local demand. He added that it has also reactivated its 4.5Mt/yr Gboko plant in Benue State, which was closed in 2018, to cope with the situation.

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CBI Ghana relies on clinker imports during shortage

05 March 2021

Ghana: CBI Ghana has said that its costs have increased because it has had to import clinker during an on-going local shortage. The Ghana News Agency newspaper has reported that the Supacem cement producer attributes a rise in its cement prices to the cost increase.

Commercial manager Kobby Adams said, “The rising cost of cements is due to the unavailability of some products and these materials are imported in large quantities at exorbitant charges coupled with the unstable and high import charges.” He warned customers against accepting counterfeit products to circumvent the rising prices. “CBI Ghana pledges to continue with the expansion to be able to reach and serve more customers,” he added.

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Lafarge Africa to sell 35% stake in CBI Ghana

26 January 2021

Ghana/Nigeria: LafargeHolcim subsidiary Lafarge Africa plans to sell its 35% subsidiary Continental Blue Investment (CBI) Ghana. CBI Ghana runs the Supacem brand from the Tema Free Zone near Accra. It reportedly started building a cement grinding plant at the site in 2017 for a cost of US$55m.

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Dangote Cement’s profit rises in the first half of 2020

27 July 2020

Nigeria: Dangote Cement recorded a net profit of US$422m in the first half of 2020, up by 5.8% year-on-year from US$308m in the first half of 2019. Net sales were US$1.23bn, up by 2% from US$1.21bn. Nigerian sales made up 70% of the total at US$861m, up by 1.2% from US$850m.

The company said, “Most Covid-19 lockdown measures started at the end of March 2020 and peaked in April 2020. The response by the authorities varied in nature from specific temporary restrictions in some countries to a complete temporary lockdown for non-essential businesses. Our operations in South Africa, Congo and Ghana were shut down due to full or partial lockdown in most of April 2020. By early May 2020, lockdown had eased, and all our businesses were operational.”

Regarding its Nigerian operations, it said, “Lagos, Abuja and Ogun states locked down from 31 March 2020 to 4 May 2020. As a result, April 2020 volumes were heavily impacted and 28% lower than in April 2019. Other states joined with complete or partial lockdown during the month.” It estimated that a recession would strike the economy before 31 December 2020, compounded by the Covid-19 outbreak and a first-half global oil price slump.

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Diamond Cement Group donates cement and money to fight against coronavirus

21 April 2020

Ghana: Diamond Cement Group has donated 250t of cement and US$17,500 to the government to support its efforts to curb the spread of coronavirus in Ghana. The Ghanaian Times newspaper has reported that the cement will be used for hospital repairs. Diamond Cement Group chair Mukesh Patel said, “It is crucial that we all work together to minimise the negative impact of the pandemic on economic activities.”

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