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The company has signed an agreement to acquire 68% of the shares in the Tanzanian cement producer Tanga Cement. With this step, the company further strengthens its local business and creates significant synergies with its existing assets in Tanzania.
Forty of the world’s leading cement and concrete manufacturers have joined forces to accelerate the shift to greener concrete by pledging to cut CO2 emissions by a further 25% by 2030, marking a decisive step in the race to ‘Net Zero’ concrete by 2050.
The signing of the O&M agreement took place in July 2021, and is an extension of a previous 10-year agreement.
The World Cement Association (WCA) has announced that global energy technology company, Baker Hughes, has become the latest addition to its international community, joining as an Associate Corporate Member.
The report is an annual account of how the company is building progress for people and the planet in its Nigeria operations while also delivering profit to its shareholders.
The company has published its half year unaudited financial statements in which it posted strong growth in both topline and pretax profit.
The recognition of Lafarge Africa follows the recent IFC Gender Equality study, conducted in partnership with Nigerian Exchange Limited (NGX) to assess gender gaps at 30 leading companies listed on NGX.
The bespoke mills were replicas of the original motors, each with two shaft ends and precisely fitting all existing interfaces.
The company's Nigerian business recorded volume growth of 33.2% in H1 2021 at 9.9Mt, with a record EBITDA of ?311.2B, up 60.1%.
The change of name was approved by shareholders at the company's 70th AGM held on 10th June 2021.
The cement plant is the first in the South Caucasus region, including Azerbaijan, to receive an API (American Petroleum Institute) certificate.
The two stringent global quality norms validate RCC’s adherence to EU standards in cement production.