Cement News tagged under: National Cement

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Egypt: National Cement Company to invest in coal usage

21 November 2014, Published under Cement News

Egypt's National Cement Company will invest at least EGP150m (US$20.9m) to convert from the use of gas to coal, according to the company's CFO, Ahmad Saad. Speaking in an interview with Al-Mal newspaper, Mr Saad said National Cement will rerun a tender for the supply of a coal mill as the first effort ended with only one submitted offer. In addition, the company seeks to nearly double its capital to EGP412.8m from EGP206.4m. It plans to use the proceeds from the share issue to pay its...

Kenya: National Cement to build 15MW power plant

04 November 2014, Published under Cement News

Kenya’s National Cement, part of the Devki Group, plans to build a KES1.7bn (US$19m) coal-fired power plant to serve its clinker plant and limestone mining operation in Kajiado, Kenya. The power plant will produce 15MW of electricity and is being seen by the company as a more cost-effective alternative to the national grid. “The cost of procuring electricity from Kenya Power is twice as much when compared with the cost of generating power using coal,” according to National Cement's Environm...

National Cement Co elects James E Rotch chairman of the Board, USA

28 January 2014, Published under Cement News

The Board of Directors of National Cement Company, Inc, a subsidiary of the Vicat Group, has elected James E Rotch of Birmingham, Ala, as chairman of the Board of National Cement Company, Inc.  Mr Rotch will continue in the practice of corporate law with the firm of Bradley Arant Boult Cummings LLP, a regional law firm with offices throughout the Southeast, including Birmingham, Alabama, in addition to his duties as Chairman of the Board. National Cement's operations include cement produc...

Kenya: EAPCC reverts to Bamburi for clinker supply

31 December 2012, Published under Cement News

East Africa Portland Cement Company (EAPCC) has turned to its shareholder, Bamburi Cement, to supply clinker a year after it severed a four-year supply deal with the firm and inked a contract with National Cement. EAPCC fell out with National Cement for breach of contract linked to non-payment and making orders of clinker that were below the agreed quantity threshold, according to reports in the Business Daily of Kenya. “I’m not supplying them because they are not paying,” said Mr Naren...

National Cement to open new 1.65Mta Nairobi works

21 November 2012, Published under Cement News

National Cement announced plans to open a new 1.65Mta cement works in the outskirts of Nairobi, Kenya. The company said it received an undisclosed loan from KCB Group, raw materials on credit and a cash injection from its parent company Devki Group of Companies to finance the new KES11.9bn.  The new capacity is expected to intensify to battle for control of the regional cement market. The entry of National Cement and Mombasa Cement increased competition with the latter rapidly claiming...

National Cement to begin trial productions, Ethiopia

13 September 2012, Published under Cement News

National Cement SC, Ethiopia is expected to begin production in October in an expansion project which began in 2005. According to reports in the Addis Fortune, National Cement will begin with clinker trial production in October and Cement trial production after a month in November according to Engineer Busa Assefa, Chief Executive Officer of the company. The trial production phase will begin at 60 per cent of clinker and 70 per cent of cement production rate to become fully operationa...

Competition mounts for East Africa market share

07 September 2012, Published under Cement News

Public sector infrastructure projects and the rapidly growing middle class in the East Africa region will be the main drivers of cement consumption as competition is set to intensify with the arrival of new market entrants. S peaking to AllAfrica press, Kephar Tande, chairman of the East African Cement Producers Association, said Friday that the ongoing regional trade integration and an expected surge in housing demand will be the new battlefront for market share as new players enter the ma...