Displaying items by tag: Cameroon

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.

Cameroon: Cimencam, a subsidiary of LafargeHolcim, plans to start producing cement at its new Nomayos grinding plant in early 2019. The 0.5Mt/yr unit had an investment of US$41m, according to Agence Ecofin. Once the new plant is completed Cimencam will have a production capacity of 2Mt/yr in the country.

Cameroon: Engineering Construction Manufacturing and Trading plans to build a new 0.5Mt/yr cement plant. The project has an investment of US$27m, according to the Agence de Presse Africaine. The local company has signed an agreement with the Investment Promotion Agency to build the plant. It enables it to receive customs and tax breaks as part of the deal.

Cameroon: Cimencam will spend US$70m to upgrade its integrated plant at Figuil. A new kiln is being built at the plant to meet increased demand from export markets in Chad and the Central African Republic, according to the Cameroon Tribune newspaper. The subsidiary of LafargeHolcim is also building a cement grinding plant at Nomayos.

Cameroon: Cement exports from Cameroon came to 57,459t in 2017, a 191% rise year-on-year compared to 19,700t in 2016, according to figures released by the Ministry of Economy, Planning and Spatial Planning (MINEPAT). Most of these exports to the countries of the Economic and Monetary Community of Central Africa (CEMAC).

Imports pale in comparison to exports at just 1282t in 2017, mainly coming from China and Turkey. They were, however, up on the 900t imported in 2017.

This increase in exports is explained by the increase in local cement production. Cameroon now has a cement production capacity of 3.7Mt/yr.

Cameroon: The Ministry of Finance forecasts that demand for cement will rise by 10% due to various infrastructure projects. The government department also indicated that some cement producers are increasing their production capacity, according to Business in Cameroon.

Cimencam, a subsidiary of LafargeHolcim, is planning to build a 0.5Mt/yr grinding plant at Nomayos in Yaoundé. It is expected to be complete in 2019. Dangote Cement plans to build a 1.5Mt/yr plant in Yaoundé and Ciments de l'Afrique (CIMAF) is upgrading its plant Douala to 1.5Mt/yr from 0.5Mt/yr. The CIMAF project is scheduled for completion also in 2019. Following commissioning of all the new projects, the market share of each cement producer is expected to be Dangote Cement with 45%, Cimencam with 30%, CIMAF with 22% and Medcem with 3%.

Tunisia: Ciments de Bizerte has restarted exports of clinker and cement after a hiatus of ten years. A shipment of 25,000t of clinker disembarked from the cement producer’s port to Cameroon in early April 2018, according to La Presse de Tunisie newspaper. The local cement industry has an overcapcty of 1Mt/yr.

Cameroon: The local subsidiary of Dangote Cement in Cameroon (DCC) claims to control 45% of the cement market just two years after opening a grinding plant in Douala. The cement producer aims to producer 1.3Mt of cement in 2017 from its 1.5Mt/yr plant, according to the Journal du Cameroun newspaper. Other producers in the local market include Cinencam, a subsidiary of LafargeHolcim that has a 45% share, and Medcem and CIMAF, which share the remaining market share.

Cameroon: Medcem Cameroon plans to invest US$10m to upgrade its 0.4Mt/yr cement grinding plant in Douala. Following the upgrade the unit will have a production capacity of 1Mt/yr. The investment has been planned to meet a demand increase mostly driven by national infrastructure and construction projects. The project is planned for completion in 2018. Following the upgrade the cement producer will be the fourth largest in the country.

Cameroon: Egin (Entreprise générale industrielle) plans to launch Lion brand cement in October 2017. The company signed an investment agreement with the government’s Investment Promotion Agency (API) in late Augut 2017, according to local press. Around US$15m has been invested in a production unit based in Douala. The site is expcted to employ 30 workers.