Displaying items by tag: SCB Lafarge Benin
Benin: Société Des Ciments du Bénin (SCB) plans to build a new grinding plant in the industrial zone of Sèmè-Kpodji in Ouémé Department. 24 Heures au Bénin News has reported that the new plant will create jobs for local people in the production of cement for the Benin market from imported clinker.
LafargeHolcim buys stakes in SCB Lafarge Benin and Cimencam
13 October 2016Benin/Cameroon: LafargeHolcim Maroc Afrique has purchased a 50% stake in SCB Lafarge Benin and 54.7% in Cimencam in Cameroon. Amounts for the deals have not been disclosed, according to the Ecofin Agency. LafargeHolcim Maroc Afrique, a joint venture between Lafarge Holcim and the Société nationale d’investissement also bought Socimat in Cote d’Ivoire in July 2016.
SCB Lafarge in Benin produces about 600,000t/yr of cement and Cimencam produces 1.7Mt/yr. The new acquisitions are part of LafargeHolcim’s expansion strategy across Africa. Countries with high growth potential such as Burkina Faso, Gabon, Mali, Mauritania, Congo, DRC and Senegal have also been targeted.