Cement News tagged under: Cimerwa
Cimerwa expansion on-track for 1Q15 completion31 October 2014, Published under Cement NewsRwanda’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 plant01 October 2013, Published under Cement NewsPPC 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, Rwanda18 January 2013, Published under Cement NewsThe 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... |
PPC buys majority stake in Rwanda cement producer13 December 2012, Published under Cement NewsSouth Africa’s leading cement producer Pretoria Portland Cement (PPC) has acquired a 51 per cent equity stake in Rwanda-based cement producer Cimerwa Ltd. The deal is worth a total cash consideration of US$69.4m. Cimerwa is situated in southwestern Rwanda and is the African country’s sole cement producer. It has a current capacity of 100,000tpa and is constructing a 600,000tpa expansion that will be commissioned in 2014. In addition to shareholder equity contributions‚ Cimerwa is in t... |