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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Correlation

Nigeria invests in Senegal cement plant to be put into operation

2014-10-10 08:37:08

CEMPI

94.8

0 0%

CONCPI

88.80

-0.64 -0.72%

CLKPI

97.46

0.00 0.00%

SPPI

44.52

-0.26 -0.58%

MORPI

73.32

0.00 0.00%

Huaxin Launches "Green" Initiative at the Launching Ceremony of Hubei Energy Conservation Publicity Week

On June 15, the launching ceremony of 2026 Hubei Energy Conservation Publicity Week was held in Han. Deng Xikun, Director of Cement Business of Huaxin Building Materials and Secretary-General of Provincial Cement Association, read out the Proposal for Energy Conservation and Carbon Reduction on behalf of Huaxin. As a benchmark enterprise of green low-carbon development in building materials industry, Huaxin will further cultivate carbon reduction technology, iterate green products, export industry standards, and promote the green transformation of the whole chain of building materials.