Cement News tagged under: Middle East and Africa

RSS feed

Ndeta set to gain controlling stake in Savannah Cement

06 September 2017, Published under Cement News

Businessman Benson Ndeta is set to take controlling stake of Kenya-based Savannah Cement after he gained regulatory approval for a deal that would increase his interest in the company by 29.4 per cent. In a press release, the Competition Authority of Kenya said it had granted Mr Ndeta’s acquisition of Savannah Cement  unconditional approval, according to local press reports. Savannah Cement currently has two shareholders — Seruji with a 60 per cent stake and Savannah Heights with a 40 per ...

East African Portland Cement appoints head of HR

17 August 2017, Published under Cement News

East African Portland Cement Company (EAPCC) has appointed Janerose Karanja as its head of Human Resources. Ms Karanja joins the company from the parent Ministry of Industry, Trade and Co-operatives as the cement firm embarks on organisational changes for its turnaround strategy. Ms Karanja is a human resource expert with more than 25 years' working experience, 12 in various State agencies including the departments for Industry and Energy. She holds an MBA (Human Resource Management) from...

President of Ghana to lay foundation stone for new plant

14 August 2017, Published under Cement News

President Nana Addo Dankwa Akufo-Addo of Ghana will tomorrow lay the foundation stone a new grinding plant for CBI Ghana at the Tema Free Zones Enclave. When complete, the CBI Ghana plant will produce premium cement under the brand name, Supacem. "We intend to produce and supply high-quality Supacem cement to Ghanaian builders and stabilise cement supply for all required grades in Ghana,” Managing Director, Frédéric Albrecht, told the Business and Financial Times. Supacem will launch w...

Raysut shareholders agree to sell Oman Portuguese Cement Products

03 August 2017, Published under Cement News

Raysut Cement shareholders have approved a proposal to sell Oman Portuguese Cement Products Co to Opal Development. The decision was taken at an extraordinary general meeting of the company held on 25 July 2017, Raysut Cement said in a disclosure statement posted on the Muscat Securities Market website. Meanwhile, earlier this month, Raysut Cement had announced that its net profit for the first six months of 2017 fell 64.2 per cent to OMR4.62m (US$12m) from OMR12.91m for the same pe...

Saudi Cement Co to temporarily halt Kiln Line 6

08 February 2016, Published under Cement News

Saudi Cement Co has decided to temporarily stop kiln 6, which has a capacity of 3500tpd, until domestic market conditions improve, including the lifting of the export ban. The company during a board meeting on 4 February discussed the current market conditions and continuation of export ban, which has led to a rise in clinker inventory to high levels. Since Kiln Line 6's output would have been added to the 2016 inventory levels, which has already reached around 4Mt, it is not expected ...

Egypt issues licences for new cement factories in Upper Egypt

28 January 2016, Published under Cement News

Egypt's Ministry of Trade and Industry has issued new 14 licences for cement factories in Upper Egypt governorates, Minister Tarek Qabil announced Wednesday. According to the minister, the factories are set to operate with coal, providing them with the necessary energy security for stable cement production. Mr Qabil added that there are six factories currently operating with coal and are committed to following all environmental standards. (Source: Amwal Al Ghad)

Egypt prices stable on surplus supply

28 April 2015, Published under Cement News

Producers in Egypt have decided to keep cement prices stable for the fifth-consecutive month, Minister of Supply, Khaled Hanafy, announced on Sunday. The price stability is due to surplus supply, Daily News Egypt quoted Medhat Staphanos, head of cement companies at the Federation of Egyptian Industries (FDI) as saying. Output has increased following the introduction of coal, which has helped alleviate the uncertainty of fuel sources. However, producers are still waiting an uptick in demand....

Cemtech Middle East & Africa underway

04 February 2014, Published under Cement News

Cemtech Middle East & Africa 2014, the leading international cement conference and exhibition series, has opened in Dubai in front of an audience of over 270 senior industry delegates from 35 countries, including Guest of Honour, His Excellency Sheikh Yaser Al Qasemi, General Manager of Union Cement Company, Ras Al Khaimah, and Chairman of the Cement Producers’ Association of the UAE. Thomas Armstrong, Cemtech organiser, welcomes over 270 industry delegates from across the Middle Eas...