CimTogo invests €50 million to face competition from Wacem
At the end of June, CimTogo, a subsidiary of German HeidelbergCement, will inaugurate the extension of its cement production plant in the port area of Lomé. Costing €30 million, it will provide an additional capacity of one million t/year.
Someone shares this article with you
▪ CimTogo invests €50 million to face competition from Wacem
▪ At the end of June, CimTogo, a subsidiary of German HeidelbergCement, will inaugurate the extension of its cement production plant in the port area of Lomé. Costing €30 million, it will provide an additional capacity of one million t/year.
▪ https://www.africabusinessplus.com/en/807936/cimtogo-invests-e50-million-to-face-competition-from-wacem/
The new installation will enable HeidelbergCement to increase its annual production to 2.5 million at the Lomé and Awandjélo site in Kara (in northern Togo). This offers a strategic strengthening in the Togolese market in which it now holds 50% of the market shares compared to 38% three years ago.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Telecoms
21/05/2021 at 12h43, by Africa Business+, updated 25/05/2021
Moov Africa Togo fined nearly €1 million from Arcep
The mobile operator Moov Africa Togo is being punished for its service malfunction in certain areas...
Industry
22/09/2020 at 18h25, by Africa Business+
CEO Dominik von Achten defends HeidelbergCement acquisitions in Morocco during the crisis
The boss of the German firm, HeidelbergCement Group, looks back on two recent transactions closed in...
Construction & Infrastructure
10/09/2020 at 20h06, by Tarik Bargal
HeidelbergCement pulls out of Mauritania
Jeune Afrique Business+ brings you the story.
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.