LafargeHolcim Invests MAD 470 Million in Cameroon Cement Factory

Rabat – LafargeHolcim Maroc Afrique is extending its activities to the Cameroon. The cement leader, through its subsidiary Cimencam, has launched the construction of a new plant in Nomayos, near Yaoundé.In a press release published by the company, the cement giant announced the construction of a new plant with a capacity of 500,000 tons. The future facility will enable Cimencam to reach an overall volume of 2 million tons per year, enough to satisfy the Cameroonian demand and that of the neighboring countries.With a total investment of MAD 470 million, the project will enable the social, economic and environmental development of the region, according to LafargeHolcim. The project has recently been presented to elected officials and the population of the Nomayos region, attended by Emmanuel Rigaux, Managing Director of LafargeHolcim Maroc Afrique and Cimencam’s Chief Executive Officer, Pierre Damnon. With its 2 million tons of cement, Cimencam will become the top cement factory in Cameroon in terms of production capacity, added the company.Created in July 2016, LafargeHolcim Maroc Afrique (LHMA) is a joint venture between the Société nationale d’investissement (SNI) and the LafargeHolcim group.With the acquisition of 50% of SCB Lafarge Benin, 54.74% of Cimencam and LafargeHolcim Côte d’Ivoire, LafargeHolcim Maroc Afrique is gradually expanding its commercial and industrial facilities on the continent. read more

Ohio State mens soccer suffers 1st loss of season

Then-junior midfielder Yianni Saris (6) dribbles the ball in an exhibition game against IPFW Aug. 20, 2013. OSU won 2-0. Credit: Lantern file photoThe Ohio State men’s soccer team is undefeated no more.OSU (2-1-3, 1-1-0) hung around with Penn State (6-0-1, 2-0-0) throughout much of the Sunday afternoon contest, but ultimately fell to the Big Ten leaders, 1-0.The trip to State College, Pa., was one that the Buckeyes knew all week would not be an easy one, junior defender Kyle Culbertson said.“We’re just looking forward to Penn State, knowing it’s going to be a hard game,” he said before the game. “I know they’re ranked pretty high in the country and also No. 1 in the conference, so I know it’s going to be a tough game. They’ve done well in the conference the last two years and kind of set the standard for everyone else.”The Nittany Lions, the two-time defending Big Ten champions, came into the game ranked No. 10 in the nation.Penn State scored the game’s lone goal late in the 63rd minute, when redshirt-junior midfielder Kyle MacDonald deposited a pass into an empty net.The net was abandoned because OSU redshirt-senior goalkeeper Alex Ivanov scrambled out to knock the ball away from sophomore forward Connor Maloney. Holloway was able to pass across to MacDonald, who put it into the far post.The goal was the first of MacDonald’s collegiate career.The Buckeyes only managed to register three shots on goal, with none representing a real scoring opportunity.OSU was outshot, 22-6, overall by the heavy-powered Penn State offense, which has scored at least one goal in each of its seven games this season.Senior goalkeeper Andrew Wolverton picked up his fifth shutout of the season to remain undefeated. Wolverton has yet to allow a goal this season, as the only score Penn State has allowed came after Wolverton received a red card Sept. 8.Ivanov made 10 saves in the defeat, a season high. Ivanov had only made 19 saves through the first five games, including not needing to make one in a shutout victory against Northwestern Sept. 14. That comes after making 110 saves last season, ranking fifth in the nation.OSU is scheduled to take a break from Big Ten play this week to host Akron on Wednesday before heading back on the road to travel to University of Dayton on Saturday. Those games are set to begin at 7 p.m. and 1 p.m., respectively. read more