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Cement-grinding mill project, Guinea Bissau

6th March 2015

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Cement-grinding mill project, Guinea Bissau.

Client
Cardoz Cimentos de Bissau, a joint venture (JV) between Maxime Cardoz, a private investor from Senegal, and Scancem, a subsidiary of HeidelbergCement.

Project Description
The project entails the construction and operation of a 200 000 t/y greenfield cement grinding mill based on imported clinker.

Value
The project is estimated at €22-million.

Duration
Not stated.

Latest Developments
The International Finance Corporation (IFC) is expected to provide a €11-million loan to support the project.

Key Contracts and Suppliers
IFC (loan finance).

On Budget and on Time?
Not stated.

Contact Details for Project Information
HeidelbergCement – HC Brussels office, director of business and development strategy Pierre Evrard, tel +32 2 678 3245,
fax +32 2 678 3656 or email Pierre.Evrard@heidelbergcement.com.
IFC, tel +1 202 473 3800 or fax +1 202 974 4384.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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