Displaying items by tag: Dangote

Ethiopia: The Ministry of Trade and Industry, and the Chemicals and Construction Inputs Industry Development Institute are working with cement producers to replace imported coal with biomas in a bid to lower carbon CO2 and reduce reliance on foreign currency. The institute has conducted a feasibility study, with the support of the Global Climate Fund and the European Union, studying using a weed, Prophecies Newfora, as potential biomass, according to the Reporter newspaper. Plants run by Dangote Cement and Habesha Cement factories took part in the study. The government is also encouraging cement producers to use locally mined coal until the biomass project becomes fully operational.

Tanzania: Dangote Cement has signed two agreements that will enable its US$600m cement plant in Tanzania to generate 150MW from coal.

One agreement is with Tancoal. Dangote Cement has also signed a coal prospecting licence for a site in Mbinga. However, the plant will first run on diesel until it is able to generate its own electricity from coal.

The deals ends a year-long dispute between the government and the cement plant after Tanesco failed to provide electricity. The plant was considering importing coal from South Africa, which was a cheaper option than buying it from the area.

The cement plant is expected to reduce cement prices by 50% once production commences in early 2016. It will take advantage of the growing construction industry, which contributes 12.5% to the country's GDP. It will offer more than 1500 direct jobs and 9000 indirectly.

Nigeria: Aliko Dangote, president of Nigeria's largest cement producer Dangote Group, has announced that he is increasing his refinery's capacity to 650,000b/day. The move, according to petroleum industry analysts, will see Nigeria listed as having the largest petroleum refinery in the world.

Dangote said that the initial plan was to have 450,000b/day refining capacity, but that he has since opted for a bigger plant because he believes that Nigeria, as a leading producer of crude oil, should also be credited with local refining capacity. Currently, Nigeria produces crude oil, but has to buy refined products from abroad. Dangote Group executive director Devakumar Edwin said that the Dangote refinery was ready to reverse the trend. The refiner is expected to be fully operational by 2017.