Cement News tagged under: Tanzania

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Tanga port receives large clinker consignment

23 November 2021, Published under Cement News

Tanzania’s Tanga port has received a consignment of 50,000t of clinker from Saudi Arabia, which is reportedly on transit to Prime Cement in Rwanda. Tanga Regional Commissioner, Adam Malima, said: "The government investment in expanding the port has started bearing fruits because the port can now host large vessels, something which was not possible before the expansion," he said. "I call on the Prime Cement Ltd to hold a meeting with Tanzanians haulers and other transport logistics firm...

Twiga Cement commissions rehabilitated cement mill

18 November 2021, Published under Cement News

As part of the strategic development plan at Twiga Cement factory (HeidelbergCement group) has rehabilitated the cement Mill No 2 (CM2) at the plant. The project represents an investment if US$3.2m and it was officially inaugurated on 16 November 2021 by the Prime Minister of Tanzania, H E Kassim Majaliwa. The new cement mill plus additional investments of 2021 have increased Twiga Cement’s production capacity by 0.25Mta.

HeidelbergCement agrees to 68% stake in Tanga Cement

27 October 2021, Published under Cement News

HeidelbergCement has signed an agreement to acquire 68 per cent of the shares in the Tanzanian cement producer Tanga Cement. The step aims to strengthen its local business and create significant synergies with its existing assets in Tanzania, says the company in a statement. Through its subsidiary Tanzania Portland Cement, the largest cement-producing company in the country, HeidelbergCement already has a good market position in Dar es Salaam in eastern Tanzania. As part of this transactio...

Tanga Cement sees net loss widen in 1H21

07 October 2021, Published under Cement News

Tanzania’s Tanga Cement saw its net loss widen to TZS7.8bn (US$3.38m) in the first half of 2021, compared with a TZS5.2bn loss in the year-ago period. Around TZS2.6bn has been attributed to a major breakdown in clinker production units that saw costs of production surge, according to The Citizen. Board Chairman, Lawrence Masha, noted that due to the breakdown it had to purchase 117,259t of clinker to ensure sufficient cement production. The increase in the cost of sales took its toll o...

Dangote Cement considers Mtwara expansion

09 July 2021, Published under Cement News

Dangote Cement is reportedly considering an expansion of its Mtwara plant in Tanzania, as the domestic cement market expands. "We have come a long way and right now we are doing one production line and as volume increases and the market develops, the expansion of the existing plant may take place. This is because we have been well received in the market," said Abdullahi Baba, general manager of Dangote Cement Tanzania. The plant currently has 3Mta of cement capacity, which has already inc...

The pull towards Tanzania

11 May 2021, Published under Cement News

Despite a slight contraction in 2020, Tanzania’s cement consumption is estimated to remain stable or increase going forward owing to promising market fundamentals. However, overcapacity remains an issue and producers are having to become innovative to retain market share and margins. A major new addition is also waiting in the wings. By Lisa Kimathi, Standard Investment Bank, Kenya. Infrastructure development is one of the driving forces for the realisation of Tanzania’s Vision 2025 ...

Twiga Cement to expand production capacity

19 April 2021, Published under Cement News

Tanzania Portland Cement (Twiga Cement) has announced its intention to invest US$15m in an expansion and rehabilitation programme in 2021, according to the Tanzania Daily News. For the past 10 years, the factory has been producing 1.2Mta of cement, but it has currently increased capacity to about 2Mta. "Twiga Cement is doing well and we are happy for that, they have also thanked the government for better business environment despite the fact that there are small policy challenges which...

Twiga Cement saw profits rise 25% in 2020

16 April 2021, Published under Cement News

Tanzania Portland Cement (Twiga Cement) saw its pretax profit rise 25 per cent YoY to TZS107.42bn (US$46.3m) in 2020, against TZS85.87bn in the previous year. The company’s turnover and sales volumes also increased 13 and six per cent, respectively, during the year. "The operating performance of the plant and availability of the machinery was good, ensuring clinker production reached record levels," said Hakan Gurdal, chairman. Mr Gurdal said the future looks bright as cement demand in T...

Tanga Cement's Board Chairman forecasts strong infrastructure demand in 2021

01 December 2020, Published under Cement News

Tanga Cement PLC's Board Chairman, Lawrence Masha, gave an upbeat outlook on the company's prospects because of the government’s heavy infrastructure projects and investments. At the shareholders' annual general meeting Mr Masha said: "The group remains optimistic of the positive impact of infrastructure development plans under the government’s development version 2025 programme and expect the projects to continue gaining momentum in 2020." Despite the company’s net loss of TZS1...

Tanzania cement plants inspected for hoarded cement

26 November 2020, Published under Cement News

Tanzanian Prime Minister Kassim Majaliwa on Saturday ordered all regional commissioners to inspect all cement factories in the country and prosecute owners found hoarding the commodity. He said the inspection should also involve cement sales agents and retailers of the commodity across the country. A statement by the Prime Minister's Office in the country's legislative capital Dodoma said  he made the order in a video conference with the regional commissioners. Speaking shortly af...