Cement News tagged under: Tanzania
Hengya Cement gives green light to US$1bn Tanzania investment01 March 2017, Published under Cement NewsHengya Cement, a subsidiary of China's Hengyuan International Engineering Group, has announced that it will build a new cement plant in Tanga on Tanzania's northeast coast, reports website China.org.cn. The plant's capacity has not been disclosed, but Hengya claims that it will be one of the largest in sub-Saharan Africa. The initial phase of the project will cost US$1bn, with a second phase to follow. "The Chinese investors' move is recommendable as it meant to meet country's cement d... |
Tanzania: Lake Cement hopes to start construction of Bagamoyo plant soon27 February 2017, Published under Cement NewsA senior official at Lake Cement Ltd has confirmed that the company still plans to establish a US$150m cement plant in Chalinxe-Tarwanda, Bagamoyo, Tanzania. Plans were originally anounced back in November 2016, when it was said that construction would start in mid-2017. Afroz Ansari, Lake Cement's asscoiate vice president, said: "The plan hasn't changed. The planned plant in Bagamoyo will have the capacity of producing 150,000t of cement per month," he said. Lake Cement currently prod... |
ARM cement plans Kenya capacity boost23 February 2017, Published under Cement NewsKenya's ARM Cement plans to expand its grinding capacity at its Athi River plant in Kenya to add 0.5Mta of cement to the company's production. "We are completing a grinding plant expansion in Athi River which will give us an additional 500,000 tonnes of cement in the next 12 to 14 months," ARM’s Managing Director, Pradeep Paunrana said. While he did not disclose the value of the project he said it was funded by internal resources. The extra capacity will increase the use of clinker pr... |
The world in 2016 and outlook for 201710 February 2017, Published under Cement NewsThis year will be a challenging year for the multinational cement companies, which are now faced by uneven economic performance in the emerging markets, combined with a new era of global political uncertainty that could further destabilise markets. On balance, however, global growth looks set to be anchored by positive trends in the major markets of China, India and the US, more than offsetting the poor performance elsewhere. The large cement majors have spent years diversifying their por... |
Tanzania: workshop looks to attract more women to the cement sector12 December 2016, Published under Cement NewsTanga Cement PLC Communications and External Affairs Manager, Mtanga Noor, said women can be industry leaders in the cement sector. She was speaking in regard to the Tanzania Women Chamber of Commerce (TWCC) workshop on the role of women in the fifth-phase government industrialisation drive campaign that was held recently in Dar es Salaam. Ms Mtanga said that they spent TZS8m (US$3666) to sponsor the workshop but they want to see women integrating in brick making or producing as path in... |
Tanzania: three companies plan to expand capacity09 December 2016, Published under Cement NewsWith the implementation of several multi-billion dollar infrastructure projects, cement demand looks to soar in the coming years. In light of this three companies have instigated large-scale investment in cement production, which could see domestic production capacity double, according to Industry, Trade and Investment Minister, Charles Mwijage. Mr Mwijage declined to identify who the potential investors in new capacity were, only saying that they were each at different stages of implementin... |
Tanzania: government supports coal quality complaints08 December 2016, Published under Cement NewsA Tanzanian government-commissioned report has confirmed that the quality of locally-produced coal is questionable. The Commissioner of Minerals tasked an independent committee to establish why major coal users in the country, especially cement manufacturers, prefer imported to local coal. The report follows a government ban on coal imports earlier this year. Minister of Energy and Minerals, Prof Sospeter Muhongo, said recently that the ban would not be lifted because the country produces... |
Tanzania: Tanga Cement wins finance award06 December 2016, Published under Cement NewsTanga Cement Co Ltd (TCCL) has won the award for the best presented financial statement for 2015 from the National Board of Accountants and Auditors (NBAA). The NBAA award seeks to promote integrated reporting through enhanced accountability, transparency and integrity in compliance with appropriate financial reporting framework. The awards are presented annually by the board to various public and private institutions and companies which have consistently maintained the required financia... |
Tanzania: rising costs bring Dangote plant to a standstill30 November 2016, Published under Cement NewsProduction at Dangote’s Mtwara plant in Tanzania was brought to a halt last week as the company has found itself embroiled in a political battle over the payment of incentives by the Tanzanian government, the Citizen newspaper reports. The 3Mta plant was commissioned in October 2015 and Dangote has claimed to have made ‘strong market share gains’ according to its trading update for the first nine months of 2016. However, in the same release, the company admitted that a reliance on diesel ... |
Tanzania: Lake Cement plans new plant in Bagamoyo29 November 2016, Published under Cement NewsLake Cement Ltd announced it will invest US$150m in a new cement plant in Bagamoyo, Pwani Region, Tanzania, with a production capacity of 1.4Mta. Construction is due to commence mid-2017, with completion expected to take approximately two years. The plant will use limestone sourced from the project area. Lake Cement also operates a 1Mta plant in Kimbiji, Kigamboni District. The Kimbiji plant’s product is sold countrywide, as well as exported to Rwanda, Burundi and the Democratic Republic ... |