12.11.2019 12:04

Dangote Competes With Heidelbergcement Over the Cement Market in the Republic of Togo

The Government of the Togolese Republic approved Africa’s largest cement producer Dangote Cement to construct a cement plant in the country. With a capacity of 1.5M tons per year, the plant will compete with the only local market participant, the German holding company HeidelbergCement.

The deal is estimated to cost Dangote around 60 million US dollars. Dangote Cement targets the first quarter of 2020 to commence the construction and launch operations by the end of next year. There is no report on what type of clinker the new Togolese plant is going to use for cement production. Dangote Group owns production facilities in 10 African countries, and this is their first enterprise in Togo.

According to authorities, Dangote entering the Togolese market is going to boost the design capacity of all cement enterprises in the republic to 5.7M tons per year.

Along with a quarry, HeidelbergCement owns the country’s only three cement plants with a design capacity of 4.2 million tons. According to HeidelbergCement in Togo, Scantogo produces about 1.5 million tons of cement per year, Ciment du Togo’s production capacity is 1 million tons, and Tabligbo currently provides 365,000 tons of product per year.

Earlier in November, BUA Group made a step to provide competition to Dangote Cement on the Nigerian market and announced a merger of its plants.
Source: REUTERS
Image source: YouTube
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