Nigeria invests in Senegal cement plant to be put into operation

2014-10-10 08:37:08

It is reported that Senegal Bute Cement Plant, invested by Dangote Industrial Group of Nigeria, will be put into operation by the end of the year, with an investment of US $700 million and an annual output of cement from 1.5 million tons to 15 million tons.

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The construction of new cement plants has greatly alleviated the current shortage of cement supply, and the price of cement has also dropped (-10% to -15%). Dangote Group is optimistic about the Senegalese market and will increase its investment in sugar planting, paddy fields and hydrocarbon industry, with a total planned investment of about US $2 billion, which will create 80,000 jobs.

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Nigeria invests in Senegal cement plant to be put into operation

2014-10-10 08:37:08

CEMPI

102.56

+0.09 +0.09%

CONCPI

91.35

-0.31 -0.34%

CLKPI

109.12

-0.05 -0.05%

SPPI

45.12

0.00 0.00%

MORPI

74.84

0.00 0.00%

Cement Network Data: Cement Output Forecast of 31 Provinces and Cities in China in October 2025

From January to October, the forecast data of cement production in 31 provinces and cities in China showed the situation of cement production in various regions. From January to October, the total output of cement in China decreased compared with the same period last year, and the output in October also showed a downward trend compared with the same period last year, but increased compared with September. Among the provinces and cities, the cumulative output of Xizang from January to October increased by 13. 71% compared with the same period last year, while the cumulative output of Shanxi from January to October decreased by -16. 05%. On the whole, cement production in most provinces and cities has declined to varying degrees year on year.