Cement News tagged under: Tanzania

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Lawrence Masha resigns as Tanga Cement board chairman

02 January 2023, Published under Cement News

Lawrence Masha has left the board of Tanga Cement Co Ltd. In a statement to the Dar es Salaam Stock Exchange, the company said:”Shareholders are advised that Tanga Cement PLC announced today that the Chairman of the Board, Mr.Lawrence Masha, resigned from his position with effect from December 15, 2022, having spent nine years on the Board of the Company, to be able to commit to a new opportunity.” The resignation follows its failed takeover by Scancem International, subsidiary of Heidel...

Tanzania Portland Cement reports 9M profit up 6%

02 November 2022, Published under Cement News

Tanzanian cement producer Tanzania Portland Cement PLC has posted a six per cent increase in pretax profit in the first nine months of the year as domestic and export cement demand has surged. Pretax profit increased by six per cent YoY to TZS110.53bn (US$47.4m) in the 9M22 from TZS94.82bn in the year-ago period. The company’s cement revenue rose by nine per cent YoY to TZS358.3bn, but the cost of sales of TZS226.2bn considerably impacted its net profit. “The high availability and effic...

Dangote Cement's regional volumes fall by 11% in 1H22

03 August 2022, Published under Cement News

Dangote Cement 's pan-African volumes reduced by 11 per cent to 4.9Mt from 5.5Mt in the 1H22 due to increased supply chain challenges and maintenance activities.  The best-performing markets for the group were Ethiopia, Senegal and Tanzania. Ethiopia is one of the largest markets for Dangote Cement outside of Nigeria. The market remains short of supply as most plants are operating at very low capacity. Ethiopia's total market for cement was appproximately 2.7Mt in the first six mon...

WCA welcomes Maweni Limestone

29 June 2022, Published under Cement News

The World Cement Association (WCA) announced that Maweni Limestone Ltd , a subsidiary of Huaxin Cement Group , has joined the organisation as a corporate member. Located in Tanzania, Maweni Limestone is one of east Africa’s leading cement producers. Acquired and rebuilt by Huaxin Cement Group in 2020, the company has an output of 1.5Mta of cement. WCA CEO, Ian Riley, comments: “We look forward to the contribution they will make to our efforts to share and improve best practice among me...

Cement prices in Tanzania to fall?

23 February 2022, Published under Cement News

There was a modest fall in cement production in Tanzania in 2021 as output fell to 6.436Mt when compared with 6.496Mt in 2020, according to data from the National Bureau of Statistics. Prices have risen sharply during the period. Cement producers have said that the COVID-19 pandemic and its associated lockdowns in the world have compounded the cited issue of “high manufacturing costs”. Maintenance and repairs of cement plants were more difficult as lockdowns in other parts of the world ha...

East African Cement Co looks to DR Congo for increased cement sales

31 January 2022, Published under Cement News

East African Portland Cement Co (EAPCC) is looking to target cement sales in the Democratic Republic of Congo (DRC). “In the past 10 years, EAPCC has been missing from the infrastructural agenda due to competition among other challenges. Now we have come up with a five year strategic plan as we want to revamp our operations,” said Oliver M Kirubai, managing director at the EAPCC. “We are targeting the East African market, including the DRC. We are getting inquiries from Rwanda as well.” ...

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...