Dangote Cement Sales Rise Up

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https://drive.google.com/uc?export=view&id=1mW9zJW6lc_0LQULtFTZu7zgL6ffGJzpy
By Chidinma Temitope Abosede

The management of Dangote cement recorded that for the third quarter of this year there has been an increase in cement sales by 6.2 percent to 20.8metric tons. This was achieved despite the high inflation in the economy.
In addition the increase  supply of cement across its operational base, the company has also started work on its power plant at Okpella and is progressing well to deploy grinding plants in Ghana and Cote d’Ivoire.

The Chief Executive Officer of Dangote Cement, Michel Puchercos said this while presenting the third quarter results to the Nigerian Stock Exchange, over the weekend.He explained further that the impact 
increase in energy and AGO costs, the company is strengthening their efforts to ramp up the usage of fuels. So far this year, we have co-processed 101,553 tonnes of waste representing a 77% increase over 9M 2021. We are on track to work on fuel feed system at Obajana lines I and V, and Ibese line II in November. In addition, we are ramping up our investment in Compressed Natural Gas (CNG), to reduce our AGO usage”

By The Guardian

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