New cement production capacity in Africa might be preferable to high transport costsNew cement production capacity in Africa might be preferable to high transport costsNew cement production capacity in Africa might be preferable to high transport costsNew cement production capacity in Africa might be preferable to high transport costs
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New cement production capacity in Africa might be preferable to high transport costs

June 10, 2022

The rapidly rising cost of transport means that adding additional cement production capacity in Africa might be worth considering going forward. Before the outbreak of Covid-19, a long-term decline in shipping costs and the relative price of imported cement, which was also expected to gradually fall, had eroded the rationale for adding more cement production capacity in Africa, Gordon Institute of Business Science Centre for Africa markets and management research associate Francois Fouche said at the African Smart Cities Summit, in Midrand, on June 8.

Link to Engineeringnews.co.za

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