Cement News tagged under: Uganda
Ugandan cement producers given three weeks to lower prices11 April 2018, Published under Cement NewsUganda's Government, through the Ministry of Trade and Cooperatives, has vowed to allow cheap imported cement into the country if local cement manufacturers do not lower prices. Trade minister, Amelia Kyambadde, says the manufacturers in Uganda have three weeks to lower the prices. "We have given them an opportunity until May. If by May the prices have not gone down......but even May is very far. We also have to protect them because these are the few industries that we have," said Ms Kyam... |
PPC considers expansion and possible sell-off in DR Congo09 April 2018, Published under Cement NewsPPC Ltd's Chief Executive Officer, Johann Claassen, has vowed to boost liquidity and extend debt maturity and he's eyeing future expansion for the company in east and west Africa. New investment would follow a ZAR12bn (US$995m) outlay on five plants in the past five years, which took PPC into countries such as Ethiopia and the Democratic Republic of Congo. All are now in operation and generating cash, said Mr Claassen, allowing the company to consider new facilities. "We had to ste... |
Uganda cement prices rise due to cement shortage06 April 2018, Published under Cement NewsCement prices in Uganda have increased by UGX5000-11,000 (US$1.35-2.98) within a month, sparking a country-wide crisis in the building sector, according to the Daily Monitor. Pader District, some 411km from the capital Kampala, reported the highest price at UGX50,000 for a 50kg bag of cement. The country’s two largest cement producers, Tororo Cement and Hima Cement, which supply 80 per cent of the domestic market, said the fall in output was attributable to a reduced power supply. ... |
Uganda faces cement price hike22 February 2018, Published under Cement NewsCement prices have risen in Uganda since the start of the year, with wholesale prices now between UGX29,000-30,500 (US$7.90-8.40)/bag. Tororo Cement has announced that prices increased to UGX29,500 from UGX28,500 recorded in the first week of January 2018, according to the Daily Monitor. " There is an increment of UGX1000. At wholesale level, the price is UGX29,500. It is due to the fuel price hiking and the dollar price currently at UGX3650," said Alok Kala, chief marketing manager, Toror... |
New projects to take total Ugandan output to 6.8Mta08 January 2018, Published under Cement NewsA number of projects in Uganda are expected to commence operation this year, taking total cement production to 6.8Mta from 3.6Mta, reports Ugandan newspaper The Independent. Hima Cement’s new 1Mta facility in Tororo is expected to open in 1Q18 and will take the company’s overall capacity to 1.8Mta. Meanwhile, Tororo Cement is awaiting a capacity increase to 3Mta from 1.9Mta through a plant expansion. National Cement is also investing US$185m on a 1Mta plant in the same region, which is ex... |
LafargeHolcim11 September 2017, Published under Cement NewsLafargeHolcim’s subsidiary Lafarge Malaysia has reported a first-half turnover decline of 18 per cent to MYR1090m (EUR214m/US$259.7m) and there was a net loss of MYR92.02m (EUR18.27m) compared with a MYR39.01m profit at this stage last year. According to the company, the deterioration in the result reflects a lower revenue contribution from the cement segment, higher charges for depreciation, fuel and electricity LafargeHolcim’s subsidiary Bamburi Cement in Kenya has announced a 1H turnov... |
Hima partners with Chinese contractor for three infrastructure projects in Uganda06 September 2017, Published under Cement NewsHima Cement, LafargeHolcim company in Uganda, and China Communications Construction Company (CCCC) on 12 July signed a memorandum of understanding to deliver solutions for three major infrastructure projects. The Ugandan government prioritising infrastructure development as one of the drivers of economic growth and Hima Cement will contribute to the country’s effort to build durable and reliable infrastructure. According to a memorandum of understanding (MoU) signed mid-July, LafargeHolcim ... |
Ugandan government supports new cement plant01 August 2017, Published under Cement NewsChina National Materials Group (Sinoma) is seeking to invest UGX1.8tr (USD500m) in a new cement factory to be located at Mbale Industrial Park in eastern Uganda, 225km from Kampala. Details of the new plant have not been released and final approval will depend on the company securing the limestone deposit to supply the factory. A Ugandan government delegation visited Beijing in July and confirmed its support for the project. “We will provide land, licence for limestone and other incen... |
Hima Cement signs supply deal for Uganda infrastructure13 July 2017, Published under Cement NewsUganda-based Hima Cement is to supply infrastructure projects being undertaken by China Communications Construction Co Ltd (CCCC) in the East African country under a new trade deal, local media have reported. Allan Ssemakula, Hima Cement's commercial director, said the LafargeHolcim company will supply cement for the ongoing Entebbe International Airport expansion, construction of Mubende-Kakumiro-Kagadi Road as well as upgrading of Soroti – Moroto Road. The firm will supply 30,000t of ... |
Geocycle launches in Uganda05 May 2017, Published under Cement NewsGeocycle has been launched in Uganda with the aim of providing a solution to waste management to LafargeHolcim group company Hima Cement, local media report. Under the Geocycle brand, LafargeHolcim offers waste management services in more than 50 countries around the world. “Our promise is to offer a superior solution to disposing off waste in landfills. Geocycle will collect, segregate and incinerate waste in cement kilns of Hima Cement Ltd, in a partnership that is set to deliver a 'z... |