Gbenga Fapohunda appointed as Group Financial Officer of Dangote Cement
Written by Global Cement staffNigeria: Dangote Cement has appointed Gbenga Fapohunda as its Group Financial Officer.
Fapohunda holds over 22 years of experience in financial management. He has worked for Dangote Cement since 2021 first as Regional Chief Financial Officer and then as the Acting Group Financial Officer from 2022. Before this he was the Executive Finance Director (West Africa) at Japan Tobacco International, Finance Director at United Parcel Service (UPS), Executive Finance Director at British American Tobacco. Earlier in his career, he was a manager within the financial advisory team at PricewaterhouseCoopers and worked at KPMG Professional Services within the Assurance Team. He holds a Doctor of Business Administration (Strategic Management) from the Rome Business School, a master’s of business administration (MBA) in finance from the London Business School and an undergraduate degree in accounting from the University of Lagos. He is a fellow of the Institute of Chartered Accountants of Nigeria.
Cemex’s UK Mark Grimshaw-Smith appointed as director to Board of Logistics UK
Written by Global Cement staffUK: Mark Grimshaw-Smith has been appointed as a non-executive director to its Board of Logistics UK. He currently works as the Rail and Sea Manager for Cemex UK. Other appointments to this board include Jamie Hartles, Rem Noormohamed and James Wroath.
Grimshaw-Smith has worked for over 40 years in the construction materials supply chain and logistics sector, covering all modes of transport. He has worked for Cemex for over 15 years, most recently as its Rail and Sea Manager. He helped to develop Cemex's global rail safety standards, representing Cemex’s Europe, the Middle East and Africa (EMEA) region. He is a graduate in economics from the University of Oxford and holds a master’s of business administration (MBA) from the University of Warwick.
Logistics UK is a trade association representing the logistics sector, including road, rail, sea, and air.
Gabon: The Gabonese government and Ciments d'Afrique (Cimaf Gabon) have signed an investment agreement for the construction of a third cement production line. The US$41.1m project will increase Cimaf Gabon's cement production capacity by 1Mt/yr to 1.85Mt/yr.
Cimaf Gabon also holds a permit to exploit a major limestone deposit around Ntoum and will build a clinker production unit in the area, requiring more than US$148m in investment.
Cimaf Gabon’s general director Janah Idrissi El Mehdi said “This plant, located a stone's throw from Ntoum in the Estuaire province, will bring significant benefits to the entire region, particularly in terms of job creation (1400 in the project phase and 500 in the operational phase). It will contribute to improving the living conditions of the surrounding populations.”
PPC signs solar power agreement with Yellow Door Energy
South Africa: Cement producer PPC and independent power producer Yellow Door Energy (YDE) have signed a 24.5MWp solar power purchase agreement. The project will operate under a solar wheeling arrangement, delivering electricity from YDE’s Leeudoringstad solar park to PPC’s Slurry, Dwaalboom, De Hoek and Riebeek operations via the Eskom grid.
YDE will install over 20,000 panels, generating 57.5 million kW in the first year of operation and offsetting 59,800t of CO₂. The project includes a new 43km overhead electrical line connecting the solar park to the Eskom substation.
Hetauda Cement Industry to resume operations
Nepal: Hetauda Cement Industry will restart production in the first week of April 2025 after completing machinery maintenance, securing raw materials and reaching agreement with employees, according to local news reports. The state-owned plant halted production on 1 October 2024. It has a capacity of 16,000 bags/day.
Acting general manager Nabin Kumar Karna said “It took some time to repair the machinery as it was old and damaged. The machines were installed when the industry was first established in 1977, and replacing them immediately was not possible due to financial constraints. Currently, we have about 100t of coal in stock, and more is expected to arrive starting tomorrow, so the raw material supply is not a major concern.”
Karna said that the electricity issues the company had previously faced had been resolved, and the Nepal Electricity Authority were ‘committed’ to providing a regular electricity supply.
KPK government to raise cement royalty
Pakistan: The Khyber Pakhtunkhwa (KPK) government will replace ore-based royalties on cement with a 6% royalty on the ex-factory price.
The proposed change will raise costs for producers and follows a similar royalty imposed by the Punjab government in August 2024. Analysts said that manufacturers would need to raise cement prices significantly to offset the impact of the increased royalty.
South Korean cement sales drop to five-year low
South Korea: Domestic cement sales fell by 25% year-on-year to 4.45Mt in the first two months of 2025, according to the Korea Cement Association. This is reportedly the lowest number recorded for domestic sales in January-February in the past five years. Sales during the same period in 2020–2022 exceeded 6Mt, and in 2023 reached 7.12Mt due to delayed post-Covid construction.
Producers have suspended eight of 35 production lines and may halt two more due to high inventories, which reached 3.4Mt at the end of February 2025, close to 90% of storage capacity.
A Korea Cement Association official said “Unless the construction economy recovers, the management crisis in the cement industry caused by the severe drop in demand will continue for the time being.”
Philippines: The Department of Trade and Industry has imposed a preliminary safeguard measure on cement imports, primarily targeting Vietnam, which supplied 94% of imported cement in 2024.
The measure follows a finding that rising imports between 2019 and 2024 harmed domestic producers. The tariff applies to 40kg bags and will be in place for 200 days while the Philippine Tariff Commission conducts a final investigation. Vietnamese cement exporters have been advised to ‘monitor developments.’
UK: The University of Sheffield, the Sellafield power station, the Nuclear Decommissioning Authority and the UK National Nuclear Laboratory have launched a €1.2m research partnership to explore the use of limestone calcined clay cement (LC3) in nuclear waste encapsulation. The project will study how characteristics and amounts of calcined clays can produce cement encapsulants that support safe and reliable nuclear waste conditioning and disposal at Sellafield.
Head of the Sheffield research team Brant Walkley said “This partnership will enhance our overall programme of work focused on development of new cement technologies for the nuclear sector, and will enable our cross-sector team based at both the University of Sheffield and Sellafield to further strengthen its position as a global leader in cement science and engineering.”
Pacific Cement halts production due to damaged mill
Fiji: Pacific Cement has suspended its cement production following a mill breakdown.
The Fijian Holdings subsidiary has sent the damaged mill part to Australia for repairs and expects the outage to last for around three months.