Cement News tagged under: East African Portland Cement Co

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Kenya: cement makers gamble on growing demand

03 May 2012, Published under Cement News

Cement makers in Kenya are hoping demand from the housing sector, infrastructure and exports will sustain steady growth in consumption of the commodity in the local market. Despite reports of a slowing real estate sector, manufacturers say consumption of the cement increased in the 1Q12, driven by the other two segments. "This is driven mainly by three sectors: housing, infrastructure and exports. Overall consumption from these three sectors did increase in the first quarter," said Surend...

High Court blocks appointment of new chairman, Kenya

16 February 2012, Published under Cement News

A High Court Judge has blocked President Kibaki's appointment of new East African Portland Cement (EAPCC) chairman Dr Isaac Mpapaluu ole Mepenay pending a ruling on March 16, All Africa news reports. Judge Mohammed Warsame on Wednesday suspended the gazette notice on appointment of Mr Mepenay until a a ruling is made to determine whether the cement manufacturer is a state corporation. In an urgent application lodged at the High Court in Nairobi on Tuesday, four directors of EAPCC went to co...

Kenya: quarry blockage paralyses cement plant

13 February 2012, Published under Cement News

Barely two weeks after the troubled East African Portland Cement (EAPC) resumed operations, the cement factory is facing closure due to lack of raw materials. Members of Maasai community have closed access to the cement factory’s quarry at Kabini and Ngurunga, thus crippling the operations of the cement firm. The 300-acre Kabini quarry is a no-go zone for company tippers. The material cannot be transported to the Athi River cement plant. Hundreds of workers at the plant now while their...

EAPCC operations likely to resume on Thursday, Kenya

25 January 2012, Published under Cement News

East African Portland Cement Company (EAPCC) is expected to resume operations after the parties involved in a dispute have reached a solution. EAPCC chairman, Mark ole Karbolo, said that a “solution has been found” and that the board was meeting all stakeholders to agree on a return-to-work formula, All Africa news reported. "It is the intention of the board that the company resumes operations immediately. The underlying issues that were raised will be addressed following the right pro...

East Africa Portland Cement workers return to plant, Kenya

24 January 2012, Published under Cement News

East African Portland Cement employees have returned to plant operations after signing a ‘return-to-work’ agreement with management, local press reports. The agreement comes after the works was shut for more than eight days due to a dispute between staff and the board of directors. Chairman of the board, Mark Karbolo and Ogutu Were of the Chemical and Allied Workers Union, witnessed the signing of the deal. In the agreement, Karbolo said he will act on all the allegations attributed to...

East African Portland suspended from trading on bourse

18 January 2012, Published under Cement News

Shares of East African Portland Cement (EAPCC) have been suspended from trading on the Nairobi Stock Exchange for 60 days by the Capital Markets Authority, The Standard of Kenya reports. The suspension is to protect investors from the on-going boardroom dispute at the Kenyan cement producer which began on 23 December 2011 with the suspension of MD, Kepha Tande, and board members over allegations of malpractice. This resulted in a stand-off between EAPCC management and stuff and operations...