Cement News tagged under: East Africa
National Cement secures finance facility12 April 2024, Published under Cement NewsKenya’s National Cement has secured a KES4.3bn (US$33.1m) facility from Stanbic Bank Kenya to finance a debt undertaken to construct a new clinker plant in West Pokot , reports The Star. According to the bank, the facility is designed to partially refinance National Cement’s foreign currency liabilities resulting from its recent expansion activities. “This transaction underscores our commitment to fostering innovation and supporting the expansion efforts of leading corporates in Kenya... |
West Pokot clinker plant finally launched09 April 2024, Published under Cement NewsThe much delayed KES45bn (US$346.6m) Devki Group West Pokot clinker plant was finally launched on Monday by Kenya's President William Ruth. The new plant will process up to 6000tpd of clinker or 2Mta, with clinker deliveries sent to finish grinding at Simba Cement’s Eldoret grinding plant, which is currently under construction. The West Pocket plant originally started construction in 2010 by former Prime Minister Rails Odoinga. Devki Group ’s Simba Cement, trading as National Cement ... |
East African Portland Cement begins second phase of Athi River upgrade01 April 2024, Published under Cement NewsEast African Portland Cement (EAPC) has commenced the second phase of its upgrading programme at its Athi River plant. The programme, which will involve a 25-day maintenance shutdown, is designed to boost cement production capacity at the facility to 1Mta in the next two years. “Our machines have run for many years with upgrades in between and lack of maintenance, which has depreciated our capacity. For now we are doing the second phase of our machine upgrades and this is targeting t... |
Zimbabwe ends cement import licences08 March 2024, Published under Cement NewsThe Zimbabwean government has ended the issuance of cement imports. The licences were first introduced in October 2023 to help curb the artificial shortage of cement as prices spiralled out of control, reports The Chronicle. With the price of a 50kg bag of cement jumping from US$9 to US$20, the country’s largest infrastructure projects were in danger of significant delays. To address the issue, the government allowed companies and individuals to import up to 5t of cement without the n... |
Uganda approves mining licence for Karamoja cement plant26 February 2024, Published under Cement NewsThe Ugandan government has granted a 21-year large-scale mining licence to Sunbird Resources Ltd to build a cement plant in Moroto district, Karamojo region, northeastern Uganda. Sunbird will produce 6000tpd and 1Mta of cement at the plant. The licence will enable Sunbird Resources to mine 8000tpd of limestone in Rupa sub-county. Systematic exploration work had been carried out over six years, resulting in the discovery of over 67Mt of limestone that is suitable for cement production. Roya... |
Gamma Civic and Cemindo Gemilang acquire Cementis Madagascar14 February 2024, Published under Cement NewsCementis (Madagascar) SA has been acquired by Mauritius-based Gamma Civic Ltd, in collaboration with its Indonesian strategic partner, Cemindo Gemilang. The new company will be renamed as Alpha Ciment SA and is expected to significantly reduce cement imports. Gamma Civic established itself in Madagascar in 2021 through its subsidiary Kolos Madagascar, marketing the Mafonja brand. Meanwhile, Cemindo Gemilang operates eight cement plants in Indonesia and one in Vietnam, producing 15Mta of ... |
Ethiopia to join Africa's big league09 February 2024, Published under Cement NewsNext month, the first phase of an extra 7.5Mta of cement capacity will be commissioned in Ethiopia. Expected to cover more than 50 per cent of national cement demand and bridge the country's demand-supply gap, along with the Melka Jebdu cement plant project, the Lemi cement plant is set to transform Ethiopia's cement sector overnight. Located on a 27ha plot in Lemi Building Materials Industrial Park, 140km north of Addis Ababa in the Amhara region, the Lemi plant project is a part of... |
PPC concludes 51% CIMERWA stake disposal29 January 2024, Published under Cement NewsPPC has concluded the sale of its 51 per cent stake in CIMERWA , Rwanda. The South Africa-based cement producer sold its shareholding for US$42.5m to National Cement Holding Ltd. The sale enables PPC to focus on its core domestic market, where it sees opportunities to improve profitability and secure a more sustainable return on capital, reports The Chronicle. In a notice to shareholders, PPC Chief Executive Officer, Matias Cardarelli, said: "I am pleased with the timely completion of t... |
Zimbabwe announces new cement plant05 January 2024, Published under Cement NewsA new US$1bn cement plant project has been launched in Karoi Town, Zimbabwe. The project, which is being funded by Chinese investors, will be completed within the next two years and marks a partnership between Labenmon Investments (Pvt) Ltd and West International Holding, according to The Zimbabwe Mail. The new facility will include a 2.7Mta dry-process clinker cement production line, a 100MW power generation unit and a 0.9Mta cement grinding station. “West International Holding has t... |
Cement shortage hits Zimbabwean economy04 January 2024, Published under Cement NewsZimbabwe’s economic growth in the third quarter of 2023 was hit by a shortage of cement, according to local news source, Chronicle. The country’s economy grew by just 1.3 per cent over the three-month period, reports the Zimbabwe National Statistics Agency, driven by a 36.7 per cent slowdown in construction activity, which was reportedly due to a lack of cement supplies. Plant breakdowns and scheduled maintenance meant that local producers, including PPC Zimbabwe , Khaya Cement and Si... |