Cement News tagged under: East Africa
Plans for new Kenyan plant in the pipeline19 May 2014, Published under Cement NewsConstruction materials supplier Karsan Ramji & Sons plan to set up a new cement production facility in Kenya. The KES426m (US$4.9m) plant is expected to produce an average of 700tpd for sale both locally and within the regional market, according to The East African. Karsan’s factory will be located in Athi River near other established cement producers ARM Cement Ltd, Savanna Cement Ltd, East Africa Portland Cement Company and Bamburi Cement Ltd. Envasses Environmental Consultants Ltd said ... |
Turkish firm eyes Uganda investment28 April 2014, Published under Cement NewsTurkish-owned tourism and trading company, Kolin Construction, has expressed interest in Uganda’s cement manufacturing industry, according to local press reports. East African Business Week reported that Kolin Construction company chairman Naci Kologlu met Uganda's president Yoweri Museveni last week, stating: “There are many opportunities and we think the cement industry is still not so crowded."President Museveni then reportedly asked the company to tap into the abundant raw material opp... |
ARM expects new capacity to boost earnings01 November 2013, Published under Cement NewsKenya’s ARM Cement said it expects earnings to increase at a faster pace this year thanks to its new capacity in Tanzania. In an interview with Reuters, ARM Cement’s chief executive, Pradeep Paunrana, told Reuters that the company is looking to increase its “top line and bottom line by 35 per cent over last year,” and expects similar growth next year regarding its expectations for profitability and sales.. The company commissioned a 0.75Mta grinding plant in the Tanzanian capital of Dar ... |
Tanzanian producers call for reinstatement of EACUP import duties02 September 2013, Published under Cement NewsCement producers in Tanzania are calling for the government to reinstate the East African Custom Union Protocol (EACUP) 2005 to protect the industry against an influx of imports. The Guadian reported that during a half-day seminar chaired by the ministry of Transport (drawing key industry players, contractors and media representatives) local cement producers said their profits have been declining due to an influx of alleged substandard products. Pascal Lesoinne, East African Cement Pro... |
ARM Cement to spin off non-cement business24 July 2013, Published under Cement NewsKenya-based ARM Cement plans to spin off and list non-cement business on the Nairobi bourse within three years. “We are very hopeful that in two to three years, we will have listed the new non-cement business and market it as an independent brand in the region,” managing director, said Pradeep Paunrana, adding that the company is laying grounds for the separation. “The businesses are intricately related and dependent, therefore, it would not be in the benefit of the company to have inde... |
Hima Cement completes installation of new bag filter, Uganda11 July 2013, Published under Cement NewsHima Cement Ltd, part of the Lafarge group, has completed the installation of new bag filter technology at its Kasese plant in Uganda to bring stack emissions in line with global environmental standards. "We invested significant resources to conduct environmental impact assessments to ensure that the plant operations met all the required environmental standards for its manufacturing processes and operations," Peter Robson, Hima Cement's Plant Manager told AllAfrica News. Hima installed a ... |
Athi River calls for use of locally-manufactured product01 July 2013, Published under Cement NewsAthi River Mining Tanzania Ltd is seeking the government’s intervention to stop sub-standard imports entering the local market. Concerns have been raised recently over the quality of imports into the East Africa region amidst claims that some manufacturers are using local agents that are unqualified leading to sub-standard products. Calls have been made for all cement imports to be subject to the same technical standards and regulations as local cement. Rick Ashley, chairman of ARM Cem... |
PPC's East African promise14 May 2013, Published under Cement NewsPPC Ltd, southern Africa’s leading cement manufacturer, has increased its footprint in sub-Saharan Africa with its latest acquisitions in Ethiopia and Rwanda. With the two acquisitions, PPC’s sights are currently set on the east as the company aims to increase revenue streams from outside its traditional regions of South Africa, Botswana, Mozambique and Zimbabwe to 40 per cent by 2016. By PPC Ltd, South Africa. PPC expands its African footprint: current and future focus areas PP... |
TPCC reports 22% rise in net profit, Tanzania18 March 2013, Published under Cement NewsTanzania Portland Cement Company Ltd (TPCC), part of HeidelbergCement, posted a 22 per cent increase in net profit despite competition from regional imports. Net profit for the year to December 2012 rose to TZS1.57bn (US$968m) from TZS50.6bn in 2011. Turnover increased 15 per cent to reach TZS249.11bn compared to 217.25bn recorded in the year before. The cost of sales was pushed up by double digit high inflation rates and energy tariffs rising to TZS126.7bn against TZS117.7bn registered in ... |
Dangote Cement could tip the balance to oversupply in East Africa14 November 2012, Published under Cement NewsPlans by Dangote Cement to set up a manufacturing plant in Tanzania have complicated expansion plans for Kenyan firms that have dominated exports of the commodity into the East Africa region in recent years. The planned cement plant, owned by Africa’s richest man Aliko Dangote, is expected to put an additional 1.5Mt of capacity by 2015, which will plug Tanzania’s cement deficit. Dangote’s cement factory in Southern Tanzania will be commissioned within one year of the launch of ARM’s factory... |