The Group Executive Director of Dangote Cement, Michel Pucheros, announced that Dangote Cement, Africa’s leading cement producer with nearly 48.6Mta (Million Metric Tonnes Annually) capacity across Africa, has exported 7 clinker vessels to date to other African countries.
This statement was disclosed by Mr. Pucheros in a press release issued on the Group’s performance in the third quarter.
- The cement maker exported 2 vessels of clinker per month to Cameroon in the third quarter of 2020 via the Apapa export terminal, which takes the Group’s clinker export for the quarter to 6 vessels.
- In addition to its maiden shipment vessel to Senegal, which is a total of 27.8Kt of clinker, took its clinker exports to other African countries from June to date to 7 vessels.
In his statement, Mr. Pucheros said, “We continue to focus on our export strategy and are on track to ensure West and Central Africa become cement and clinker independent, with Nigeria as the main supply hub.
“Clinker exports have steadily been ramping up in Q3 after our maiden shipment in June 2020, whilst land exports have also resumed.”
However, as the Group ramp-up production across all segments and regions to reach its cement production and bagging capacity of 48.55 Mta, he said,
“Dangote Cement’s strategy to offer high-quality products at competitive prices is meeting customers’ expectations in Nigeria and across the continent, where we continue to deploy excellent marketing initiatives and operational excellence across the continent.”
About Clinker
- Clinker is a nodular material which is used as the binder in cement products. Clinker is produced inside the kiln during the cement manufacturing process.
- The primary use of clinker is to manufacture cement, as cement is produced by grinding clinker.
What you should know
Nairametrics had reported that Dangote Cement Acting CFO, Guillaume Moyen, during a virtual event in September disclosed that the cement producer is set to commence clinker export to other African countries within the next few weeks.
He reiterated that the Management of the company is on course to sell more clinker across West Africa, and commence shipment to Central Africa in H2 2020.
Why it matters
The export of clinker to countries where limestones are not available in huge quantities gives these countries a chance to produce its cement for construction purposes.
Much as I am happy for the man Dangote, I am equally sand for my country Nigeria. This company has not come into any sector of Nigeria economy and prices of goods in that sector drop, instead they always go north.
I hear that a bag of the same dangote cement that sell for N2600 – N2800 Nigeria is sold in Ghana for N800 equivalent. In China, the price is also about N800. The company should do something to drive the cost down. After all, one of the reason for insisting of manufacturing this product in the country is price reduction. Otherwise, people should be allowed to import.
I am also pleading to the great productive company to please reduce the cost of the cement per bag because in my Area now is #3000. Sir /Ma to the Noble company! Please do something better about it! Thanks
Lies