Cement News tagged under: East African Portland Cement

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East African Portland Cement launches Green Triangle Cement

02 November 2022, Published under Cement News

East African Portland Cement Plc (EAP) has launched a new product named Green Triangle Cement that is aimed at minimising the cement manufacturer’s carbon emissions.  Green Triangle Cement has already received the go ahead from the Kenya Bureau of Standards under the strength standardisation category of 22.5 even though the company has boosted its strength to over 27 to enable its application in a wider variety of construction projects. The new product aims at providing an alternativ...

East African Portland Cement Co restarts plant after kiln shell upgrade

26 September 2022, Published under Cement News

East African Portland Cement Company  (EAPCC), part of Holcim, has restarted its 1.4Mta  Athi River cement plant after replacement of a faulty kiln shell. According to the company,16m of damaged kiln shell has been replaced with a new section, at a cost of KES500m (US$4.12m). Oliver Kirubai, managing director of EAPCC, said that the upgrade is in line with the company’s recently-launched five-year strategic plan, which aims to put EAPCC back onto a profitable path. "We have already sta...

East African Portland Cement sells land plots to squatters

31 August 2022, Published under Cement News

East African Portland Cement (EAPCC) has started a process of selling land parcels to squatters who have been living on its Athi River property. The cement maker has made an offer to the squatters to pay KES100,000 (US$832.6) for a beacon certificate and another KES500,000 within a year to purchase a plot of land measuring 40ft by 80ft (12 x 24m). The cash-strapped firm has commenced the land sale and regularisation process of three parcels measuring 709 acres (287ha). The EAPCC’s sale ...

Opportunity for EAPC in DR Congo

04 February 2022, Published under Cement News

This week East African Portland Cement's (EAPC) Managing Director, Oliver M Kirubai, outlined the company's ambition to grow its cement business in the Democratic Republic of Congo (DRC). The pull of infrastructure projects and low installed capacity in DRC has not gone unnoticed by large regional cement producers as well as Chinese investors. China has a historic vested interest in the DRC and struck several deals with former President Joseph Kabila, who held power from 2001-19, includin...

East African Cement Co looks to DR Congo for increased cement sales

31 January 2022, Published under Cement News

East African Portland Cement Co (EAPCC) is looking to target cement sales in the Democratic Republic of Congo (DRC). “In the past 10 years, EAPCC has been missing from the infrastructural agenda due to competition among other challenges. Now we have come up with a five year strategic plan as we want to revamp our operations,” said Oliver M Kirubai, managing director at the EAPCC. “We are targeting the East African market, including the DRC. We are getting inquiries from Rwanda as well.” ...

East Africa Portland Cement appoint new Chairman and Director

18 December 2018, Published under Cement News

The East African Portland Cement Company (EAPCC) (LafargeHolcim group) has appointed Edwin Kinyua as its new Chairman and Director. Mr Kinyua replaces William Lay who had served as the Non-Executive Chairman since November 2014. Mr Kinyua was made chairman and director on 20 September 2018, but his appointment was only announced through local media this week. He previously worked as the Managing Director and Chief Executive of the Kenya Wine Agencies Ltd (KWAL). He has the challenge to tur...

Kenya: EAPCC profits down 42%

14 November 2016, Published under Cement News

East African Portland Cement Company (EAPCC) reported a 42 per cent drop in full-year net profit as a result of increased operating costs. Financial statements recently published show the company’s net profit fell from KES7.15bn (US$70.3m) in the 12 months ending June 2015 to KES4.14bn in the year ended June 2016. This drop in net profit has been largely attributed to an increase in operational losses, which climbed to KES1.58bn from KES557.5m. The company issued a profit warning in Fe...

East African Portland Cement shares reinstated, Kenya

12 April 2012, Published under Cement News

Kenya's Capital Markets Authority has re-admitted shares of East African Portland Cement after a two-month suspension, saying doubts about the firm's ability to run its business had been quashed by continuous operations over the period. The shares had been suspended from trading on 17 January, to protect shareholders from a dispute between its board and the government, a 25 per cent shareholder that wanted to dissolve the board, citing an improper tender process for clinker. The High Court...