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News CIMAF Gabon’s turnover grows by 37% to US$22.8m in first half of 2018

CIMAF Gabon’s turnover grows by 37% to US$22.8m in first half of 2018

Written by Global Cement staff 05 October 2018
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Gabon: Ciments de l’Afrique (CIMAF) Gabon’s sales have grown due to a ‘strong’ demand for cement following a ban of imports since July 2017. Its turnover grew by 37% year-on-year to US$22.8m in first half of 2018 from US$16.7m in the same period in 2017, according to Direct Infos Gabon. Its sales of cement rose by 42% to 0.18Mt from 0.13Mt. Its production also rose by 38% to 0.18Mt from 0.13Mt. Previously, the cement producer said it was planning to start a new production line at its Cimgabon integrated plant by November 2018.

Last modified on 09 October 2018
Published in Global Cement News
Tagged under
  • Gabon
  • CIMAF
  • Ciment de l'Afrique
  • Results
  • Import
  • Ban
  • demand
  • GCW374
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