Cement News tagged under: Tanzania
Dangote Tanzanian plant set for October commissioning29 September 2015, Published under Cement NewsDangote Cement is set to commission its new 3Mta cement plant located in Mtwara District of Tanzania on 10 October 2015. The company will also hold the groundbreaking ceremony for 25ha of jetty land at Mgao village in Mtwara District in the country the same day, according to AllAfrica News. The commissioning of the new cement plant, which is part of the company's Africa expansion strategy, will be the fourth in the series after Ethiopia, Zambia and Cameroun. Cement plants due for commissio... |
Tanzania: Tanga six-months hit by devaluation of shilling17 September 2015, Published under Cement NewsTanga Cement Company has registered a net loss of TZS6.94bn- for the six months to June 2015, compared to a profit of TZS8.60bn in the corresponding period of year. Management partly attributed the decline to the devaluation of the Tanzanian shilling during most of the period. "The devaluation of the shilling resulted in a TZS7.9bn/- unrealised foreign exchange loss...The devaluation made the loan more expensive than when it was incurred," said Lawrence Masha, chairman of the company's Bo... |
Higher production costs take toll on TPCC's half-year results26 August 2015, Published under Cement NewsTanzania Portland Cement Co (TPCC) posted a net profit of TZS22.17bn (US$10.4m), down 18.3 per cent from the TZS27.14bn recorded during the corresponding period last year. First half revenue climbed to TZS135.74bn as sales increased, but the increased cost of sales and insurance proceeds a took toll on profitability. TPCC Chairman, Jean-Marc Junon, said: "The operating profit for the period was impacted by increased production costs especially on raw materials and fuel due to depreciation ... |
Tanzania: CNBM and FLSmidth sign MoU for Mamba Cement plant13 August 2015, Published under Cement NewsCNBM International Engineering Co Ltd, China, together with FLSmidth Pvt Ltd, India, as the sole technology partner has signed a Memorandum of Understanding with Mamba Cement Company Ltd, Tanzania, for the engineering, supply and construction of a 3000tpd greenfield cement plant in Bagamoyo, Tanzania, on a turnkey basis. The new plant project of Mamba Cement Company is expected to take 30 months to build and start operations. CNBM International Engineering Co Ltd, China is currently wo... |
Tanzania: government pledges support13 August 2015, Published under Cement NewsLocal producers in Tanzania are being asked by the government to supply them with information on their production costs to make it easier for them to act on their complaints. Domestic cement producers are complaining of an unlevelled playing field due to cheap imports which, they say, were distorting the market. While the government is keen to find solutions for the cement producers including aid to help them reduce costs and fight off imports, it says cement producers have not been helpful... |
Tanzania: Twiga Cement holds seminar for block makers28 July 2015, Published under Cement NewsSome 250 cement distributors and block makers recently participated in a training seminar in Dar es Salaam held by Tanzania Portland Cement Company Limited (TPCC) to improve efficiency. The initiative is part of the firm's contribution to our local employment market. The firm aims to be closer to its biggest stakeholders and to enable them know how to make strong and durable blocks. The training targeted strengthening safety at work, improving quality of blocks and efficiency in the produc... |
Tanzania needs government support to grow27 July 2015, Published under Cement NewsThe East Africa Cement Producers Association (EACPA) has stated that the cement industry is a major contributor to the Tanzanian economy contributing over TZS100bn (US$55.6m) to the economy every year. However, the local industry is held back by high input costs due to unreliable power and poor transportation infrastructure, according to Reinhardt Swart, managing director of Tanga Cement Company Ltd (TPCC). Mr Swart added that Tanzania cement industry has the potential to grow and create t... |
Dangote Cement29 April 2015, Published under Cement NewsDangote Cement’s new plant in Ethiopia will open in May this year, helping to close the gap between demand and supply in the country. The plant, which is located in Oromia, is one of the largest in east Africa with a production capacity of 2.5Mta. Costing US$400m, the project has been overseen by Sinoma International Engineering. Ethiopia’s current cement production of 5.4Mta falls well below existing demand of 7-8Mta. Dangote is increasingly turning its attention away from Nigeria follow... |
TPCC to have own gas plant, Tanzania23 April 2015, Published under Cement NewsTanzania Portland Cement Company Limited (TPCC) plans to have gas plant are expected to be realised this year to reduce operational costs and overcome issues with erratic power supply. The TPCC Managing Director, Mr Alphonso Rodriguez, told local press during the 23rd Annual General Meeting (AGM) that arrangements were underway with a third party to build a gas plant at TPCC. Once completed, he said the company will be assured of reliable supply of power to meet its operational demands. TP... |
TPCC targets 1.5Mta output in 201521 April 2015, Published under Cement NewsTanzania Portland Cement (TPCC), part of the HeidelbergCement Group, said that it its production targets will not be deterred by the ongoing “illegal importation” of cement into the east African country. The firm's managing director, Alfonso Rodriguez, said that the company will produce 1.5Mta this year, up from 1.4Mta in 2014. The increased capacity follows last year's commissioning of a new 0.8Mta mill. "We managed to produce approximately 1.4Mt last year but that was not what we had... |