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News LafargeHolcim Maroc Afrique lobbies Cameroon government to raise regulation cement prices

LafargeHolcim Maroc Afrique lobbies Cameroon government to raise regulation cement prices

Written by Global Cement staff 17 September 2021
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Cameroon: A delegation of LafargeHolcim Maroc Afrique representatives has met Minister of Commerce Luc-Magloire Mbarga Atangana to ask him to raise the legally enacted price of cement. The company says that its subsidiary Cimencam’s costs have risen by US$3.58 – 5.37m due to increased clinker prices. This has reportedly resulted in increased costs per bag of US$2.15.

Mbarga Atanga told the World Trade Organisation that clinker prices doubled and gypsum prices rose by 60%year-on-year in the first half of 2021. The Ministry of Commerce previously raised cement prices in 2011.

Last modified on 21 September 2021
Published in Global Cement News
Tagged under
  • Cameroon
  • LafargeHolcim Morocco
  • LafargeHolcim Morocco
  • lobbying
  • Price
  • costs
  • Clinker
  • Gypsum
  • bagged cement
  • World Trade Organisation
  • Government
  • GCW524

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