Cement News tagged under: Cheetah Cement

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Schwenk Zement to exit Namibia

15 March 2019, Published under Cement News

This week, ICR learned that the Namibian cement market was in the process of change with Schwenk Zement's 0.7Mta Ohorongo plant now expected to come under control of International Cement Group (ICG), a Singapore-based company owned by Compact Metal Industrial Plc. ICG aims to acquire 69.83 per cent in Ohorongo Cement, subject to approval by the competition authorities. The remaining 30.17 per cent of shares are held by the Development Bank of Namibia and other South African shareholders. ...

Value chain is being bypassed in Namibia's cement sector

02 March 2018, Published under Cement News

Namibia's cement industry is suffering from oversupply and low protection for the existing domestic producers. Infant Industry Protection (IIP) is afforded to an infant industry for a period of eight years with the rationale being that while protection is afforded to a newly-established industry during the start-up years. However, the IIP granted players have seen new entrants set-up without having to comply with all the provisions, according to the Southern Times.
 Ohorongo Cement's Manag...

Namibia imports 40,000t of Chinese clinker

16 February 2018, Published under Cement News

Some 40,000t of clinker from China was unloaded at Namport, Namibia’s largest port. The clinker will be transported to the new cement plant of Whale Rock/Cheetah Cement, a Chinese-Namibian joint venture, in Otjiwarongo, Otjozondjupa region. "According to one estimate, about 70 trucks will be used to transport the product during this exercise, over a period of 20 days," said Namport Director, Immanuel Hanabeb.

Cheetah Cement to commence operations in Namibia

09 January 2018, Published under Cement News

Cheetah Cement's new facility in Otjiwarongo is starting the rock blasting process as it prepares to begin operations this month. The new plant represents a total investment of US$350m and was constructed by Whale Rock Cement, according to the Namibia Economist. Plans for the project were first announced in 2015 when a memorandum of understanding was signed with between Cheetah Cement and Asia and Africa Business Management (Xi'an) Co Ltd. Construction of the plant began in August last...