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.

Data Map

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.

All can be viewed after purchase

Correlation

Nigeria invests in Senegal cement plant to be put into operation

2014-10-10 08:37:08

CEMPI

91.84

-0.01 -0.01%

CONCPI

86.97

-0.05 -0.06%

CLKPI

96.87

0.00 0.00%

SPPI

41.51

0.00 0.00%

MORPI

73.32

0.00 0.00%

Conch Cement: net profit in the first half of the year was 2.527 billion yuan, down 42.76% from the same period last year.

On the evening of August 26, Conch Cement disclosed its semi-annual report that in the first half of the year, the company realized operating income of 36.927 billion yuan, down 10.88% from the same period last year; the net profit attributable to shareholders of listed companies was 2.527 billion yuan, down 42.76% from the same period last year; the basic earnings per share was 0.48 yuan/share.