Whitehopleman reads on CemNet Newsroom on 23rd March 2018 that Dangote-owned Sephaku Cement has posted a 16 per cent drop in its full-year profit, despite revenue increasing by 3.7 per cent in 2017. The stated reason being that South African economic growth was largely subdued in 2017 and that the...
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Whitehopleman
Whitehopleman's Africa Desk is struggling to keep up with the news about our long-standing customer Dangote Cement. On 22nd March CemNet Newsroom reported that Dangote Cement Plc has announced that it received approval from the Securities and Exchange Commission (SEC) and other regulators to raise N...
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Whitehopleman
In the second CemNet Newsroom item on Dangote Cement on 21st March 2018 Tanzania's Trade and Investment minister said that "Dangote is a game changer. They use the market penetration strategy. The approach is to manufacture more and distribute large quantities of cement countrywide." Whitehopleman s...
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Whitehopleman
Two prominent mentions of Dangote Cement on CemNet Newsroom on 21st March 2018. Unaudited results for the full-year 2017 period apparently show a 31 per cent YoY increase in revenue. Nigerian volumes were lower in 2017, but pan-African operations increased volumes by 8.4 per cent and now make up 42...
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Whitehopleman
On 16th March CemNet Newsroom told us that LafargeHolcim Algérie plans to export 5Mt of cement to west Africa by 2020. Whitehopleman thinks LafargeHolcim and lots of other cement companies like CIMAT, Medcem. This into a region which already has overcapacity. Where is all that cement going to go? Of...
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Whitehopleman
Mombasa Cement has dislodged East Africa Portland Cement Co (EAPCC) from the second position in Kenya with a market share of 15.8 per cent, while EAPCC has dropped to third place with a market share of 15.1 per cent according to CemNet Newsroom. Mombasa Cement's Nyumba brand just lies behind Lafarge...
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Whitehopleman
On 15th March CemNet Newsroom reported that Cementos del Norte (CENOSA) is investing HNL700m in its cement plant in Bijao community, Choloma. The investment will increase the works’ production capacity and storage as well as increase its ability to process alternative fuels in its kilns. Whitehoplem...
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Whitehopleman
It's amazing that a couple of small stockpiles at Port Kembla have attracted so much attention. CemNet Newsroom reported on 12th March that Cement Australia's Christy Drive operation has been served fines of AUD30,000 (US$23,500) from the Environment Protection Authority for improper storage of its...
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Whitehopleman
Whitehopleman was delighted to read on CemNet Newsroom on 9th March that Loma Negra's net revenue had risen by 57%! Apparently "2017 was a pivotal year for Loma Negra marked by achieving significant milestones. Key events for the Company last year included; volume and sales expansion benefitting fr...
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Whitehopleman
On 8th March we could read on CemNet Newsroom that Tanzania Portland Cement Company Ltd (TPCCL) has been issued a two-month ultimatum from the government to improve its dust control or face a ban. TPCCL Managing Director said the plant will work on the directives but added that they were already do...