HeidelbergCement sells business in Sierra Leone

HeidelbergCement is considering adding South African and Mozambique production capacity as the German company seeks to tap growing demand for construction material in Africa, reports Bloomberg. “Africa is an important part of our emerging markets exposure,” chief executive Bernd Scheifele said in a recent interview. The continent “has seen very stable growth in demand for cement in the last few years, which is independent from what’s happening in the world economy.” Demand is growing at a rate of about 5 mi

In Togo, HeidelbergCement is constructing a new US$250 million clinker plant with an annual capacity of 1.5 million tonnes in the town of Tabligbo, some 80km north-east of the capital of Lomé. In addition, the company is building a new cement grinding facility with a capacity of 200,000 tonnes in Dapaong, 600km to the north.
“The construction of the new clinker plant and the cement grinding facility is part of our strategy of focusing on expanding our clinker and cement capacities in growth markets. In add