Displaying items by tag: CIMENCAM

Cameroon: Cimencam, a subsidiary of LafargeHolcim-Maroc Afrique, inaugurated its subsidiary Cimencam Figuil’s (CIMFIG) new clinker and cement production line at the Figuil cement plant in Cameroon’s North Region on 12 June 2025, according to the Business in Cameroon newspaper.

The new line, part of an expansion project at the 40-year-old Figuil cement plant, has a cement capacity of 500,000t/yr and a clinker capacity of 1,000t/day. Cimencam invested US$88m in the expansion. The upgraded plant will supply cement to the North, Adamaoua and Far North regions, and aims to enter the Chadian market, which reportedly experiences frequent shortages and high prices.

Cameroon: Cimpor has begun operation of a new cement plant in the industrial and port area of Kribi, Cameroon. The plant has a production capacity of 1Mt/yr. Cimpor's entry makes it the sixth active cement producer in Cameroon, nine years after the end of a 48-year monopoly held by Cimencam, a subsidiary of Lafarge Holcim Maroc Afrique (LHMA).

Cameroon's first competitor was Dangote Cement Cameroon (1.5Mt/yr), followed by Morocco's Cimaf (1.5Mt/yr with the completion of the Douala plant extension), Mira Company (1.5Mt/yr), and Medcem Cameroon, a subsidiary of Turkey's Eren Holding (0.6Mt/yr).

With Cimpor's arrival, Cameroon's annual cement production capacity reaches 8.4Mt/yr, enough to satisfy the national demand, estimated at approximately 8Mt/yr. However, Cameroonian citizens still consider the cost of a 50kg cement bag high compared to countries with similar production levels.

Cameroon: Cimencam has purchased two vertical roller mills from Germany-based Gebr. Pfeiffer. The order consists of an 80t/hr MVR 2500 C-4 and a 90t/hr MVR 2500 R-4, which will grind clinker and raw materials respectively. When operational in early 2023, the supplier says that the pair will increase the 1.6Mt/yr Figuil plant’s capacity by 150,000t/yr.

China-based CBMI will handle the order.

Cameroon: Luc Magloire, the Minister of Commerce, has written to Cimenteries du Cameroun (CIMENCAM) threatening to close its production facilities if it raises its prices without approval. In the letter the minister accused the subsidiary of LafargeHolcim of increasing its wholesale prices and of preparing to do so again without consent, according to the Ecofin Agency. Prices have reportedly risen by up to 8% in some places.

Friction occurred between the government and CIMENCAM in 2020 when LafargeHolcim renewed the term of Benoît Galichet as the chief executive officer of its local subsidiary. The government, a large minority shareholder of the company, opposed the decision. The government and the cement producer have also disagreed previously over the price of cement.

Cameroon: Cimenteries du Cameroun (CIMENCAM) has signed an agreement with YUP Cameroon to accept online payments via YUP’s mobile phone-based banking system. Orders can be made via on CIMENCAM’s online portal. YUP allows its customers to access financial services without a bank account. The system started in Ivory Coast and Senegal in 2017 and is now present in Burkina Faso, Cameroon, Guinea, Ghana and Madagascar.

Cameroon: Cimencam has donated 2000 Covid-19 test kits, 15 respirators and 10 reanimation beds to the Ministry of Public Health to help in its fight against the Covid-19 outbreak. The Journal du Cameroun newspaper has reported that chair Pierre Moukoko Mbonjo formally handed over the supplies, worth US$179,000, to Minister of Public Health André Mama Fouda at a ceremony in the Cameroonian capital of Yaounde.

Cameroon: Benoît Galichet has been appointed as the director general of Cimencam. He succeeds Pierre Damnon, according to the Agence de Presse Africaine. Galichet, a French national, is aged 47 years. He will oversee the commissioning of the cement producer’s new cement grinding plant at Nomayo and the continued promotion of the company’s ‘Multi-X’ cement product.

LafargeHolcim holds a 55% stake in Cimencam, the government holds a 43% stake and employees hold the remaining 2% share.