Cement manufacturer announce raise output to 46M

Cement manufacturer announce raise output to 46M

The management of Dangote Cement believes that only a liberalised distribution system can make increased local production translate to cheaper cement and make meaningful the huge investments in local production.

"While the Mekong Delta has an extensive inland waterway network that operates effectively and best suited for bulk agricultural products, the current road transport network is constrained by poor connections, narrow pavements, and frequent waterway crossings.
On April 5, the cement ball mill manufacturing company announced plans to raise its output to 46.3 million metric tons by 2015 as it’s expands across Africa. Output in Nigeria will account for 32 million tons of that 2015 projection from 20 million tons this year.

"The absence of a reliable road network in the Mekong Delta is a significant constraint to attracting higher-value agricultural and industrial investments that would lead to an increase in economic activity," said James Lynch, Director of ADB's Transport and Communication Division, Southeast Asia Department.
Once constructed, the bridges are expected to carry 170000 users per day and help connect and benefit the five million residents of An Giang, Can Tho, and Dong Thap provinces. The bridges and road will also improve transport services across and within the Central Mekong Delta region by connecting Ho Chi Minh City with the southwestern region of the Mekong Delta.
With more investments by the sector players combined, local production has risen to about 27 million metric tons per annum, with the national demand estimated at between 17 and 18 million metric tons per annum.
"This TA will finance consulting services to prepare detailed engineering designs and bidding documents for Cao Lahn Bridge and the road that connects the two bridges.
"A consulting firm recruited under the TA will also assist the Government of Viet Nam with procurement of works and supervise construction, ensure the project's adherence to ADB's Safeguard Policy Statement, and help implement its social action plan," said Rustam Ishenaliev, ADB's Transport Specialist.
Cement sand maker producer Hongxing reported first half sales of CHF10.4 billion (€8.6 billion), up 2.1% year-on-year, while net income increased 0.9% to CHF624 million (€519 million).
The increase was fuelled by the emerging markets and North America, in particular the company's divisions in the US, Mexico, India, the Philippines, Thailand and Indonesia.
The Ministry of Transport is the executing agency for the TA. It is expected that the engineering designs and bidding process will be completed within 2012 and construction will start in 2013. The bridge and connecting road are expected to open for public use in 2017.