Cement News tagged under: Hima Cement
Hima Cement suspends operation after fire kills three17 January 2022, Published under Cement NewsOperations at the Hima Cement factory (Holcim group) in Kasese district in western Uganda have been suspended following a fire that broke out at the premises on Saturday afternoon and left three staff members dead. Eight others were rushed to hospital in critical condition. "Our operations at the Hima plant have been stopped as we take stock of this incident and to ensure that the fire is fully contained. The health and safety of our employees and all stakeholders remains our number one p... |
Hima Cement's Kasese mining right appeal is dismissed17 June 2020, Published under Cement NewsUganda-based Hima Cement (LafargeHolcim group) has seen its Kasese mining rights stripped from it after the High Court upheld a decision from 2013 to confer them to East African Gold Sniffing Company Ltd. The dispute has involved legal proceedings before the Minister of Energy and Mineral Development, the High Court and the Court of Appeal. Hima Cement had appealed to the High Court after its limestone rights in Kasese, western Uganda, were annulled by Justice Elad Mwangusya in 2013. Court... |
Bamburi sees 37% drop in net profit in 201911 May 2020, Published under Cement NewsKenya-based Bamburi Cement has posted a 37 per cent YoY fall in net profit in 2019. Net profit declined to KES359m (US$3.39m) from KES572m in 2018. The company attributed the decrease in profit to reduced domestic cement consumption, low prices and an inability to access the Rwandan market due to the closure of the border with Uganda, denying its Uganda subsidiary Hima Cement access to the Rwandan market early last year. Bamburi’s revenues slipped by 1.2 per cent to KES36.79bn in 2019 fro... |
Rwanda Bureau of Standards rejects Hima Cement imports17 April 2019, Published under Cement NewsRwanda Bureau of Standards (RBS) returned cement imports into Rwanda by Uganda's Hima Cement Ltd (LafargeHolcim group) last month after they failed to meet the country's import quality standards. The cement that was transported in three 30t trucks was returned to Uganda, confirmed Uganda's government paper, New Vision. RBS Director General, Raymond Murenzi, clarified that the goods were subjected to routine standards tests which they failed to meet. The cement packages were found to weigh... |
Hima Cement to return illegally-acquired land in Tororo08 April 2019, Published under Cement NewsHima Cement Ltd has agreed to surrender back over 30 acres of land it illegally acquired in Mwello, Tororo, Uganda, according to The Observer. The company’s Managing Director, Nicolas George, said the company will ensure the residents will have their land returned. Earlier this week, Mwello residents petitioned the Justice Catherine Bamugemereire-led Land Probe Commission, accusing Hima of coercing them through its agents, Optima Mines Consultancy Ltd, into selling their land at a cheap pr... |
Investment in Ugandan cement plant at risk due to land acquisition challenges05 April 2019, Published under Cement NewsUganda is at risk of losing a US$250m cement plant investment to Kenya due to challenges associated with land acquisition in the country, according to Hima Cement’s Managing Director, Nicolas George. Mr George said Hima Cement’s parent company LafargeHolcim took a decision to invest US$250m in Uganda, Kenya, Tanzania, Zambia and Zimbabwe. “We have been wondering where to invest money and Uganda was our number one destination but it is likely to lose the opportunity to Kenya where it is eas... |
LafargeHolcim04 February 2019, Published under Cement NewsThe sale of the 80.6 per cent stake in Holcim Indonesia to Semen Indonesia, formerly known as Semen Gresik, has been completed, taking Semen Indonesia’s share from 35.7 per cent of the national capacity to 49.5 per cent. The deal, valued at around US$1750m, adds four cement works, 33 ready-mixed concrete plants and two quarries to Semen Indonesia’s production base. Semen Indonesia also has a sizeable cement business in Vietnam. The completion of this deal suggests that a disposal of the Phil... |
Hima Cement looks at expansion in Rwanda29 January 2019, Published under Cement NewsHima Cement (LafargeHolcim) of Uganda is considering expanding its presence in Rwanda with a sister plant, says Jumoke Adegunle, the company's general manager. The company currently has offices in the Nyacyonga-Jabana sector, Gasabo district, where it also has a warehouse and a ready-mix plant. "Hima cement has been in Rwanda for about 20 years now supplying cement and in the last two years we came into Rwanda more strongly to be a corporate citizens. We pay taxes and we are here in Rwand... |
Dispute over land allocation for Moroto cement plant17 January 2019, Published under Cement NewsThe Moroto District local government in Uganda has offered more than 228.1ha of land for a cement factory to be built. However, local residents dispute the amount of land that the council owns. The decision to allocate the land to Uganda Development Cooperation-UDC and its partners, TSAVO Engineers and Savanna Mines, was reached during the district council meeting held in November 2018. The Ugandan Radio Network (URN) has discovered records to indicate that the district owns only 89.43ha of... |
Cement prices fall 25% in Uganda29 November 2018, Published under Cement NewsCement prices in Uganda have fallen 25 per cent in the last six months, dropping to UGX28,000/50kg bag (US$7.5/50kg bag) from UGX38,000/50kg bag. The drop in prices follows the recent boost in production capacity in the country, with a number of plant expansions and greenfield projects commissioned within the past year. As a result, the country's total cement capacity stands at 7Mta compared to a 2.4Mt demand. However, the country's largest producers, Hima and Tororo, have stated that pr... |