Cement News tagged under: Cimerwa

RSS feed

Rwanda: PPC revenues boosted by Cimerwa

05 July 2016, Published under Cement News

Cimerwa Ltd’s contribution to Pretoria Portland Cement’s (PPC) revenues helped cushion the company’s turnover in the six months ending 31 March 2016. According to the Johannesburg Stock Exchange, PPC holds a 51 per cent stake in the Rwandan cement company. While PPC’s results show bases in Botswana, South Africa and Zimbabwe were depressed due to a shrinking market and falling prices, a recently-commissioned plant in Rwanda added almost ZAR200m (US$13.5m) to the group’s revenue. Despit...

Cimerwa looking to cut costs as it eyes export markets

23 March 2016, Published under Cement News

Busisiwe Legodi, Cimerwa's chief executive officer, has reaffirmed her company’s commitment to developing export markets in neighbouring Burundi and eastern DR Congo. Speaking in Kigali last week, Ms Legodi also said that Cimerwa – which is 51 per cent owned by South Africa’s PPC – were looking to cut costs.  A report by Rwanda’s New Times newspaper quoted Ms Legodi as saying: “We import most of the raw materials, including gypsum and coal, which makes business expensive. We are, there...

PPC Ltd: change to the Board Of Directors

25 September 2015, Published under Cement News

Dr Daniel Ufitikirezi has resigned as a director of PPC with effect from 22 September 2015. This follows his resignation as the chairman of the board of Cimerwa, PPC's subsidiary in Rwanda, after his replacement as the representative of the Rwanda Social Security Board on that board. Dr Ufitikirezi was appointed to the PPC board in January 2015.

Cimerwa inaugurates expansion project

20 August 2015, Published under Cement News

Rwanda prime minister Anastase Murekez on Tuesday inaugurated Cimerwa’s new dry-process line which boosts capacity at the plant from 0.1Mta to 0.6Mta. The Rwanda cement producer, in which PPC owns a 51 per cent stake, has invested US$170m to convert its wet-process plant to new dry-process technology. Speaking during the launch, Murekezi said that the new plant presents an opportunity for the country to start exporting cement to its neighbours while creating employment opportunities for R...

CIMERWA unveils expanded plant project, Rwanda

21 July 2015, Published under Cement News

CIMERWA has officially unveiled its modernised plant in Rwanda, which involved making the switch from wet- to dry-process technology and increasing capacity to 0.6Mta. The company has also installed a 15MW peat-powered power plant, which will help it address unreliable electrical supplies that have caused it to suffer high production costs for many years. Earlier this year, the company launched its new corporate identity and product packaging involving new logo and bold colours, symbolis...

CIMERWA unveils new corporate identity, Rwanda

12 May 2015, Published under Cement News

Rwanda's largest cement producer, CIMERWA, last week unveiled its new corporate identity and product packaging ahead of the completion of its expansion project later this year. The new identity involves a new logo and brings to market bold blue 32.5 bags and bright red 42.5 bags. "We have moved from the previous green to a bold blue reflecting the refreshing nature of the business as we go through a rebirth and repositioning of CIMERWA. The previous logo was a closed diamond; the new lo...

PPC full-year cement sales rise 2%

20 November 2014, Published under Cement News

South Africa's largest cement producer, PPC, reported a two per cent rise in cement sales for the full year to the end of September 2014, as growth in some of its sub-Saharan markets was offset by challenging operating conditions at home. Group revenue increased by nine per cent to ZAR9.04bn (US$818m), mainly attributable to the consolidation of Safika Cement and Pronto Readymix as well as the full-year impact of Cimerwa. On a like-for-like basis, revenue would have been three per c...

Cimerwa expansion on-track for 1Q15 completion

31 October 2014, Published under Cement News

Rwanda’s sole cement producer, Cimerwa, is nearing completion of its expansion project and is on track to be ready in the first quarter of next year. Busi Legodi, chief executive officer of the cement producer, told AllAfrica News that 94 per cent of works have already been completed, with electrical installations and minimal mechanical works remaining. Legodi added that the plant should be completed by the end of the first quarter of 2015, lifting capacity from the current 100,000tpa to ...

PPC commits to new DRC plant

01 October 2013, Published under Cement News

PPC has signed a memorandum of understanding with the Barnet Group, its local partner in the Democratic Republic of Congo (DRC), to build a US$230m cement factory there. Ketso Gordhan, CEO of PPC, said that the greenfield project in the DRC included the construction of a 1Mta cement factory and associated quarry. The plant would take about 24 months to complete. PPC previously confirmed the company was finalising an agreement with Chinese engineering, procurement and construction company...

Foundation stone laid for CIMERWA expansion, Rwanda

18 January 2013, Published under Cement News

The foundation stone for the expansion of CIMERWA cement factory in Rwanda was laid yesterday by the president of the African nation Paul Kagame. The expansion project will lift capacity of Rwanda’s sole cement producer from 100,000tpa to 600,000tpa and has been made possible following PPC’s acquisition of a controlling stake in CIMERWA last December. Speaking to reporters after the ceremony, Mr Kagame said the increased production levels will help bring down the price of cement. He sa...