Displaying items by tag: Nigeria
Nigeria: Sinoma International, a subsidiary of Sinoma, has signed two engineering, procurement and construction deals with Dangote Cement worth a total of US$370m. The first, project worth US$281m, is to build a 6000t/day clinker production line for Okpella Cement, a subsidiary of Dangote based in Edo state. The scope of the contract covers limestone crushing to packaging cement for shipping. The project is expected to take 27 months to produce cement and 30 months to complete.
The second project, worth US$89m, is to build a slag grinding plant at Port Harcourt. The scope of the contract covers unloading slag and gypsum to packaging cement for shipping. The project is expected to take 20 months to complete.
Kidnapped Indian cement workers released in Nigeria
18 July 2016Nigeria: Two Indian nationals working for Dangote Cement who were kidnapped at the end of June 2016 have been released. The workers were abducted from Boko, near Makurdi in Benue state while they were travelling to work. The External Affairs Ministry said in a statement that they believed that local criminals were involved and that there was no interaction with the terrorist group Boko Harem.
Lafarge Africa launches academy for truck drivers
18 July 2016Nigeria: Lafarge Africa has launched an academy to train truck driver safety and fleet management. The launch event took place at the Ewekoro cement plant in Ogun state. The logistics academy is a follow-up project to a road safety project and drivers academy previously established by the cement producer to ensure sound safety culture, process efficiency and good performance among truck drivers, according to the Nigerian Guardian newspaper.
Indian cement workers kidnapped in Nigeria
01 July 2016Nigeria: Two Indian cement workers for Dangote Cement have been reportedly kidnapped in Gboko, Benue State. Civil engineer Sai Srinivas and his colleague Anish Sharma were abducted while travelling in a convoy of cars to the local Dangote cement plant on 29 June 2016, according to The Hindu newspaper. Srinivas has worked for Dangote Cement for three years. Previously he worked for Aditya Birla group in Raipur, India.
Kidnapped quarry workers released
27 June 2016Nigeria: Seven quarry workers who were kidnapped near the operations of Macmahon in Calabar on 22 June 2016 have been released. Five of the men have been injured, two of them seriously, the mining services company said in a statement. Company chief executive Sy van Dyk commended the men for their courage and mourned the loss of local driver Matthew Odok who died in the incident.
Dyk refused to comment to local press on whether a ransom was paid for the workers’ release. However he did thank the Nigerian authorities for their assistance.
Australia-based mining company Macmahon has been contracted by LafargeHolcim to mine material for processing at Lafarge Africa's UniCem cement plant at Mfamosing, in the southeast of Nigeria.
Quarry workers kidnapped in Nigeria
23 June 2016Nigeria: Seven limestone quarry workers are in the hands of kidnappers in Nigeria after a deadly roadside attack. The men were in a group driving on the outskirts of the city of Calabar, Cross River State, when they were attacked by gunmen on 22 June 2016. The Nigerian driver of the vehicle was shot dead, while seven - three Australians, two Nigerians, one South African and one New Zealander - were kidnapped. A fourth Australian was able to escape.
The men were working for Australia-based mining company Macmahon Holdings, which mines material for processing at Lafarge Africa's UniCem cement plant at Mfamosing, in the southeast of Nigeria.
Eyewitness Akan Akpan said the kidnappers had fled with the seven men in a boat. "The kidnappers came out from the bridge, shot the driver of the vehicle and took the victims away through on river," he told Nigeria’s Punch.
The identity of the kidnappers is not known. “We are working to ensure the safe return of all the men involved and are in communication with their families," said Macmahon in a statement.
Nigeria: The Economic and Financial Crimes Commission (EFCC) has raided the Lagos office of the Bank of Industry (BOI) following an investigation. Officials of the development bank say that the raid was part of the investigation by the EFCC of the allegation of misapplied funds belonging to the Cement Technology Institute of Nigeria (CTIN), according to All Africa.
In a statement the BOI said that concerns regarding the new terms on how to manage a fund accrued from tariffs on imported cement between 2011 and 2015 had been addressed. The bank was appointed by the federal government to use the money to develop the country’s cement industry. However, following the creation of Cement Technology Institute of Nigeria (CTIN) the BOI was asked in 2013 to transfer the fund to CITN. This did not happen. On 17 June 2016 the fund had grown to US$47m in the BOI’s accounts.
Nepal: Cement producers in Nepal are upgrading their plants in preparation for the start of operation by a number of foreign owned cement companies. Dhruba Thapa, the president of the Cement Manufacturers' Association of Nepal (CMAN), said that the imminent ‘invasion’ by foreign cement producers has led to unease amongst local producers, in comments to the Kathmandu Post
Dangote Cement from Nigeria, Hongshi and Huaxin from China and Reliance Cement from India have all been granted clearance to start operations in Nepal. Their combined foreign direct investment amounts to US$1.45bn and their proposed output stands at 22,000t/day.
Local projects include Cosmos Cement’s plan to build its first clinker plant. It is expected to start production in the second half of 2016. At present the cement producer operates two cement grinding plants with a combined capacity of 800t/day. It is also upgrading the capacity of these plants to a total of 2000t/day.
Arghakhanchi Cement has announced that it will nearly triple its capacity to 3000t/day by the end of 2017. At present the plant has a production capacity of 1200t/day. Agni Cement Industry has planned to set up a new plant with a daily capacity of 1200t/day. Currently, its capacity is 300t/day.
Domestic demand for cement is 5.5Mt/yr and production is 4.6Mt/yr according to CMAN. Domestic cement manufacturers claim that they have become able to meet 80% of the country's requirement with a capacity utilisation of 50 – 60%. However, foreign investors have said that there is unexplored potential demand for cement in Nepal as infrastructure development grows. Local producers have countered this claim, saying that foreign direct investment has been promoted by offering foreign investors more tax incentives than what domestic producers receive.
Nigeria: Lafarge Africa has appointed Michel Puchercos as its new group Managing Director and chief executive officer. He assumed his post on 1 April 2016. He replaces Peter Hoddinott.
Puchercos, a French national, started his career in 1982 at the French Ministry of Agriculture before working at other companies in the biochemistry and food industry. He joined Lafarge as Head, Strategy and Purchasing in Orsan, Lafarge Biochemistry, and in 1998 became Director of Cement Strategy and Information Systems, Lafarge Gypsum. Puchercos became the Director of Cement strategy, Lafarge Group in France in 2003 before becoming the CEO for Lafarge operations in Kenya and Uganda in 2005. He then became the CEO of Lafarge South Korea in 2009.
Puchercos is a graduate of Ecole Polytechnique, and the National School of Rural Engineering, Waterways & Forests, France.
Lafarge Africa approves acquisition of UNICEM
16 May 2016Nigeria: The board of directors of Lafarge Africa has approved the acquisition of an additional 50% equity interest in the Untied Cement Company of Nigeria (UNICEM). The purchase was handled on the same terms of its initial acquisition of 35%. Following the acquisition Lafarge Africa will own an indirect interest of 100% in UNICEM.
The 50% share is currently held by Egyptian Cement Holdings, a company jointly owned by LafargeHolcim and Lafarge Africa. LafargeHolcim owns Egyptian Cement Holdings via Holcibel. Lafarge Africa is buying its latest purchase of shares from Holcibel.