Cement News tagged under: Uganda
Uganda: Karuma dam has to bring in Kenyan cement21 April 2016, Published under Cement NewsContractors for the Karuma dam in Uganda have resorted to importing Kenyan cement to help keep work going at the site. In a media brief to journalists over the weekend at the construction site, the Karuma Hydro power plant project liaison officer, Qu Jinwei, said they were forced to source high grade 42.5 cement from Kenya since both Hima and Tororo cement factories could not deliver the qualities they need as they are used to producing OPC. “We inspected their factories before we started ... |
Competition ramps up in Uganda30 October 2015, Published under Cement NewsHima Cement (LafargeHolcim Group) has announced that it is seeking to invest US$40m to establish a greenfield grinding station in Tororo, eastern Uganda. However, this is only the first of a series of capacity building projects which the company says it will embark upon. Additionally, Hima Cement is investigating limestone reserves in northeastern Uganda to support a possible future clinker plant, while downstream operations of ready-mix production in Kigali are due to be launched next ... |
Bamburi first-half pretax profit jumps 94%28 August 2015, Published under Cement NewsBamburi Cement reported a 94 per cent jump in first-half pretax profit from a year earlier to KES4.5bn (US$43m). According to Reuters, the company attributed the strong performance to growth in demand in its two main markets, Uganda and Kenya, cost cutting and gains in its dollar-based liquid assets due to a steep weakening of the Ugandan and Kenyan currencies. Turnover grew to KES19.3bn from KES17.3bn a year earlier on the back of infrastructure investments. Exports to other African marke... |
Tororo cement invests US25m in expansion31 July 2015, Published under Cement NewsUganda’s largest cement manufacturer has earmarked UGX86bn (US$25m) towards the plant expansion. Tororo Cement Ltd will upgrade its cement plant at Tororo, northeast of Kampala, from 1.8Mta to 3Mta with new grinding capacity Brij Mohan Gragrani, Tororo Cement's executive director, said the new plant is expected to meet the increasing demand of cement in the region. “The expansion is proposed in view of market demand in Uganda and the neighbouring countries,” he said. Mr Gagrani said the im... |
National Cement plans expansion into Uganda14 April 2015, Published under Cement NewsNational Cement, which currently operates a grinding plant in Kenya, plans to invest KES18.5bn (US$199m) in a new factory in Uganda, according to local news reports. The new plant marks the company's first foray into Uganda, and its first venture outside Kenya. With a capacity of 1Mta, the new cement facility is expected to be completed by the end of next year, the report by Ventures Africa states. In its home market of Kenya, National Cement operates a 0.35Mta grinding works in Athi Rive... |
East African Portland Cement posts pretax loss03 March 2015, Published under Cement NewsEast African Portland Cement Co (EAPCC) posted a first-half loss after a maintenance shutdown of its packing and clinker units. The company reported a pretax loss of KES124m (US$1.36m) for the six months to end of December, against a profit of KES171m in the same period in 2013. The firm, which also operates in Uganda, said it hopes to regain its market share in the industry after completing a plant refurbishment in the second quarter of this financial year. "Despite the growing competiti... |
Tororo Cement joins Uganda’s Chamber of Mines and Petroleum18 September 2014, Published under Cement NewsTororo Cement has become the latest member to join Uganda’s Chamber of Mines and Petroleum (UCMP). Through joining the UCMP, whose members’ main objectives are to encourage and foster responsible exploration and participation in the mining and petroleum sectors, the Uganda-based cement producer will benefit from improved relations with the government. “We have strived to stay at the very top in Uganda’s mining sector, operating in the districts of Tororo, Kapchorwa, [and] Moroto,” BM Gag... |
Turkish firm eyes Uganda investment28 April 2014, Published under Cement NewsTurkish-owned tourism and trading company, Kolin Construction, has expressed interest in Uganda’s cement manufacturing industry, according to local press reports. East African Business Week reported that Kolin Construction company chairman Naci Kologlu met Uganda's president Yoweri Museveni last week, stating: “There are many opportunities and we think the cement industry is still not so crowded."President Museveni then reportedly asked the company to tap into the abundant raw material opp... |
Hima outlines sustainability initiatives, Uganda02 April 2014, Published under Cement NewsUgandan producer Hima Cement has outlined ambitious sustainability plans focussed on five main pillars. The company, owned by Kenya’s Bamburi Cement and part of the Lafarge Group, said the plan will be a key focus this year. Projects will be aimed at improving the areas of operational cost management, environmental conservation, job creation, health and safety and community development. Hima Cement's general manager, Daniel Pettersson, told AllAfrica.com that as global market demands chan... |
Bamburi: operating profit plunges 24% YoY, Kenya07 March 2014, Published under Cement NewsBamburi Cement’s 2013 turnover declined by 3.6 per cent to KES33.9bn while operating profit fell 24 per cent amid an increasingly competitive market. Commenting on the company’s results, managing director Hussein Mansi, said: “In the first half of 2013, we experienced a drop in the company’s performance mainly attributable to competitive pressure in Uganda and we also saw a significant reduction of exports out of Uganda to the inland Africa markets due to political tensions, which impacte... |