Cement News tagged under: Sino-Zimbabwe Cement Co
Sino-Zimbabwe's output to be severely reduced by power cuts09 October 2018, Published under Cement NewsSino-Zimbabwe Cement Co will not produce the amount of cement it had planned to during October because of the scheduled power cuts by ZESA. ZESA is carrying out maintenance work on its 88kv Sherwood-Mvuma feeder station which supplies the Sino-Zimbabwe cement plant with its power. The maintenance work is expected to cause interruptions for the entire month of October. The cement plant is expected to be without power for two days every week during the month of October. |
Lack of foreign currency affects Zimbabwe's plants03 September 2018, Published under Cement NewsZimbabwe's foreign currency shortage is impacting on the operational efficiency of its cement plants. While Sino-Zimbabwe Cement Co is able to source 85 per cent of its raw material needs from local sources, the remaining materials are imported, requiring foreign currency. In addition, the company needs to buy spare parts from Europe and core services such as the paper bags for packaging cement from Tanzania and Zambia. Wang Yong, Sino-Zimbabwe's managing director, said the company wa... |
Sino-Zimbabwe awaits public infrastructure project pick-up10 May 2018, Published under Cement NewsSino-Zimbabwe Cement Co (SZCC) is hanging hopes on development deals between Zimbabwe and China to improve its turnover. The joint venture between China and Zimbabwe's government has had to battle declining sales and a slowdown in the construction industry. SZCC's managing director, Yong Wang, said: "The company is operating between 50-70 per cent capacity utilisation," which was likely to increase if government projects take off. "The market environment is very tough this year, which ... |
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