{"id":27722,"date":"2014-06-09T14:55:45","date_gmt":"2014-06-09T13:55:45","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=27722"},"modified":"2014-06-09T14:55:45","modified_gmt":"2014-06-09T13:55:45","slug":"cement-standard-dangote-cement-dismisses-fear-of-price-hike","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/cement-standard-dangote-cement-dismisses-fear-of-price-hike\/","title":{"rendered":"Cement Standard: Dangote Cement Dismisses Fear Of Price Hike"},"content":{"rendered":"<p>Dangote Cement Plc has dismissed claims by some manufacturers\u00a0 of the<br \/>\nCement that the recent upward review of the quality standard by the<br \/>\nStandard Organisation of Nigeria (SON) will lead to price increase<\/p>\n<p>The management of Dangote Cement allayed the fears of the consumers that<br \/>\nthe upgrade of cement quality and the new classification of grades have<br \/>\nnothing to do with the price.<\/p>\n<p>Group Managing Director of Dangote Cement, Devakumar Edwin said in Lagos<br \/>\nat the weekend that those making such claims were doing so to blackmail<br \/>\nthe regulatory authorities into backing down on the new quality standard.<\/p>\n<p>He explained in an interview with journalists that for any patriotic<br \/>\nmanufacturer with consumer interest at heart, there is no relationship<br \/>\nbetween the new standard review and the Price of the product except for<br \/>\nprofiteering.<\/p>\n<p>To buttress his point, Edwin noted that his company started producing 42.5<br \/>\ngrade for the past eight years at its Obajana plant and the Ibese plant<br \/>\nfor about three years at the same with price of the lower grade of 32.5<br \/>\nproduced by some other competitors.<\/p>\n<p>According to him, the switching over to a higher quality cement shouldn&#8217;t<br \/>\nbe a difficult process that will necessitate increase in price of the<br \/>\nproduct.<\/p>\n<p>The Dangote Cement boss added that his company has even gone ahead to be<br \/>\nproducing 52.5 grade of cement and that it would be uncharitable for<br \/>\nanyone to claim that the new standard would lead to price hike for the<br \/>\nproduct.<\/p>\n<p>Edwin then pledged that much as his company would continue to cooperate<br \/>\nwith government and authorities in the regulation of the cement industry,<br \/>\nit would ensure the price is not hijacked by profiteers.<\/p>\n<p>It would be recalled that SON in the wake of the building collapses across<br \/>\nthe country and the attendant controversies on the quality of cement being<br \/>\nproduced in the country summoned the meeting of a stakeholders in the<br \/>\nbuilding and construction industry.<\/p>\n<p>The meeting undertook a review of standard of quality of cement and came<br \/>\nout with a classification of cement types and their appropriate uses as a<br \/>\nmeans of stemming the suspected misapplication of the product which has<br \/>\ncontributed to the building collapse menace.<\/p>\n<p>SON in the new classification exercise warned members of the public to<br \/>\nadhere strictly to the stipulated application of cement types and save the<br \/>\nnation the embarrassment of incessant structure failures.<\/p>\n<p>In the fresh review of standard, the Organisation restricted the use of<br \/>\nthe 32.5 grade strength to plastering of structures only while 42.5 grade<br \/>\nis recommended for the construction of buildings, beams, load bearing<br \/>\ncolumns, pillars, block moulding and other structures and the 52.5<br \/>\nrecommended for the construction bigger projects like bridges, flyovers,<br \/>\nand high rise buildings.<\/p>\n<p>Edwin said the decision by Dangote Cement to embark on the high quality<br \/>\ngrade was to help Nigeria stem the tide of collapse building and commended<br \/>\nSON for the bold move pointing out that Dangote was ready to support the<br \/>\nregulatory body in the onerous task of ridding the nation of structure<br \/>\nfailures.<\/p>\n<p>He said: \u201cAfter 28 days, the 32.5 grade gives a strength of 32.5MPA,<br \/>\nwhereas the 42.5 grade gives a curing of 42.5MPA i.e 30 per cent higher in<br \/>\nstrength.\u201d<\/p>\n<p>Mr. Edwin said that in spite of the high quality grade of Dangote Cement,<br \/>\nit has not increased its price for the product ans would not.<\/p>\n<p>\u201cChina, the Number one producer of cement in the world is phasing out the<br \/>\nentire 32.5 grade by July. India, the second largest producer of cement<br \/>\nphased out 32.5 grade cement 12 years back,\u201d he added.<\/p>\n<p>The Dangote Cement GMD had at a public hearing conducted by the House of<br \/>\nRepresentatives on Cement Quality in Abuja questioned why other<br \/>\nmanufacturers will be producing high grade cement in their Indian<br \/>\nfactories while producing low grade cement in Nigeria.<\/p>\n<p>Edwin said before 2004 Nigerian businessmen used to produce and import the<br \/>\nhigh grade cement, 42.5MPA, wondering why the sudden jettisoning of the<br \/>\nhigh quality cement for 32.5 lower grade.<\/p>\n<p>According to him, the phenomenon of collapse building increased<br \/>\nastronomically as from 2004 when other manufacturers downgraded their<br \/>\nquality to 32.5MPA. It is estimated that from 1974 to 2010, collapse<br \/>\nbuilding had claimed 297 lives.<\/p>\n<p>The SON had recently issued a directive that 52.5R be used for bridges,<br \/>\n42.5R should be used for casting of columns, beams, slabs and making<br \/>\nblocks, while the low grade 32.5MPA was restricted to plastering.<\/p>\n<p>Speaking also at the Public Hearing, Director General of SON Joseph Ikem<br \/>\nOdumodu said the restriction placed on the use of low grade cement is<br \/>\nimportant to mitigate the problem of collapse building in the country.<\/p>\n<p>Contributing, President of the Cement Manufacturers Association of<br \/>\nNigerian (CMAN) Engr Joseph Makoju, said the 42.5 grade is superior cement<br \/>\nover 32.5 and that Nigeria used to produce and import 42.5 before the<br \/>\ncoming of 32.5MPA.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Dangote Cement Plc has dismissed claims by some manufacturers\u00a0 of the Cement that the recent upward review of the quality standard by the Standard Organisation of Nigeria (SON) will lead&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":22620,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-27722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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