Economy & Market

Lafarge WAPCO enhances logistics systems with new trucks

Published

15 years ago

January 4, 2011

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In line with its commitment to satisfy its customers by making its products available across the country, Lafarge Cement WAPCO Nigeria Plc, has begun its pet project, Lafarge Logistics Project, with a programmed acquisition of 1,000 state-of-the-art trucks to enhance its logistics system. According to a statement by the company, the project’s inauguration was held at its Ewekoro plant, where 75 brand new Mack trucks were unveiled by Omooba Gbenga Osinowo, Ogun State Commissioner for Commerce and Industry. Samy Abdelkader, Managing Director and Chief Executive Officer of Lafarge WAPCO said, "Our newly acquired trucks will improve the efficiency and effectiveness of our company’s logistics network of distribution nationwide, as we are gearing towards the inauguration of the 2.5-metric-tonne Lakatabu plant at the end of the second quarter of this year." Abdelkader added that the new logistics arrangement was in partnership with some reputable banks and transport companies, including TSL Limited, Rembam Nigeria Limited, K K Logistics, ABC Transport Company and Safe Wheelers Limited.

Concrete

CCU testbeds in Tamil Nadu

Published

4 days ago

August 12, 2025

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Tamil Nadu is set to host one of India’s five national carbon capture and utilisation (CCU) testbeds, aimed at reducing CO2 emissions in the cement industry as part of the country’s 2070 net-zero goal, as per a news report. The facility will be based at UltraTech Cement’s Reddipalayam plant in Ariyalur, supported by IIT Madras and BITS Pilani. Backed by the Department of Science and Technology (DST), the project will pilot an oxygen-enriched kiln capable of capturing up to two tonnes of CO2 per day for conversion into concrete products. Additional testbeds are planned in Rajasthan, Odisha, and Andhra Pradesh, involving companies like JK Cement and Dalmia Cement. Union Minister Jitendra Singh confirmed that funding approvals are underway, with full implementation expected in 2025.

Image source:https://www.heavyequipmentguide.ca/

Concrete

JSW Cement gears up for IPO

Published

4 days ago

August 12, 2025

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JSW Cement has set the price range for its upcoming initial public offering(IPO) at US$1.58 to US$1.67 per share, aiming to raise approximately US$409 million. As reported in the news, around US$91 million from the proceeds will be directed towards partially financing a new integrated cement plant in Nagaur, Rajasthan. Additionally, the company plans to utilise US$59.2 million to repay or prepay existing debts. The remaining capital will be allocated for general corporate purposes.

Concrete

Cement industry to gain from new infrastructure spending

Published

3 weeks ago

July 24, 2025

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As per a news report, Karan Adani, ACC Chair, has said that he expects the cement industry to benefit from the an anticipated US$2.2tn in new public infrastructure spending between 2025 and 2030. In a statement he said that ACC has crossed the 100Mt/yr cement capacity milestone in April 2025, propelling the company to get closer to its ambitious 140Mt/yr target by the 2028 financial year. The company’s capacity corresponds to 15 per cent of an all-India installed capacity of 686Mt/yr.

Image source:https://cementplantsupplier.com/cement-manufacturing/emerging-trends-in-cement-manufacturing-technology/