Cement News tagged under: Zimbabwe

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PPC Cement Zimbabwe announces solar investment

03 May 2022, Published under Cement News

PPC Cement Zimbabwe has announced a US$40m solar power investment for its Bulawayo and Colleen Bawn plants to support the company’s energy requirements and help reduce gas supply in the country.  The planned projects are expected to have a combined output of 30MW, ow which 17MW will be for internal consumption and the excess to be fed to the national grid, according to a report in the Chronicle. The Bulawayo facility will set up a 10MW plant (set to over over 22ha of land), with 5MW plan...

Plant disruption drives Lafarge Zimbabwe to a loss

02 May 2022, Published under Cement News

Lafarge Cement Zimbabwe recorded a US$695m loss in 2021, compared to a US$5bn profit in the same period a year earlier. The fall is reportedly due to the negative impact of disruptions from the roof collapse at one of its cement mills and the adverse effect of the COVID-19 pandemic. This led to a 21 per cent decline in 2021’s volume uptake and a subsequent loss before tax of US$364m, versus a US$3.2bn profit in the previous year. The collapse of the mill plant halted operations between Oc...

PPC Zimbabwe forecasts 25% rise in domestic cement demand

25 March 2022, Published under Cement News

PPC Zimbabwe has projected a 25 per cent increase in cement demand in the local market spurred by government funded projects and rising retail demand. Zimbabwe’s government attributes the increase in cement demand to the sharp rise in housing construction and private sector-led infrastructural development programmes that have pushed demand for Zimbabwe’s cement makers. In an operational update for the 12 months ending 31 March 2022, PPC Zimbabwe said the local operations continue to ...

AfriSam supplies new border crossing project

23 March 2022, Published under Cement News

AfriSam has supplied some 7000t of its High Strength R42.5 Cement from its Roodepoort plant near Johannesburg for a new border control post between South Africa and Zimbabwe at Beitbridge. The cement for the project's 125,000m 2 of roads and parking area which is being shipped in from AfriSam’s Roodepoort cement plant. AfriSam will have delivered around 10,000t of bulk cement by the time work is completed – delivered in 34t tankers.   Adele Wentzel, AfriSam's sales manager manufact...

PPC to build 30MW solar plant in Zimbabwe

27 January 2022, Published under Cement News

South Africa-based PPC will build a 30MW solar power facility at its Colleen Bawn clinker plant in Zimbabwe as part of its decarbonisation strategy. The clinker works will use 15MW for its own power needs and feed the balance into the Zimbabwean electricity grid. The project complements the Zimbabwean government’s drive to increase power generation in the country, important in achieving its Vision 2030 goals. Work on the solar plant is expected to start this year. “At Colleen Bawn in Z...

Lafarge Cement Zimbabwe Ltd appoint new CEO

27 December 2021, Published under Cement News

Lafarge Cement Zimbabwe Ltd (Holcim group) has appointed Mr Geoffrey Ndugwa as the new CEO. Prior to his appointment, Mr Ndugwa was the CEO of Lafarge Malawi between December 2019-November 2021. He has 17 years of cement industry experience working in various capacities across Africa, including Director for Bamburi Group in Kenya, General Manager of Innovation and Marketing for Lafarge WAPCO Nigeria Plc, General Manager of Bamburi Special Projects Ltd in Kenya, Head of Business Support at...

Zimbabwe to keep imports flowing

10 December 2021, Published under Cement News

This week, Zimbabwe's cement market opted to keep import permits in response to increasing cement shortages. Zimbabwe’s cement sector has been stretched and reliance on Lafarge Cement (Holcim group) and PPC, the top two domestic producers, has led to the current situation where imports have become a necessity to complete private and public building projects. The immediate cement shortage in the country has been exacerbated by Lafarge Cement’s plant breakdown, where a roof collapsed on a ...

PPC posts better-than-expected 1H in Zimbabwe

25 November 2021, Published under Cement News

South Africa-based PPC has said its cement sales volume in Zimbabwe surpassed expectations as sales increased by 19 per cent in the six months to September as cement demand in the African country saw double-digit growth. Individual customers as well as government projects drove the increase in sold volumes. Compared with the equivalent period in 2019, PPC’s sales volumes advanced 31 per cent. As a result, revenue increased by 55 per cent to ZAR1.2bn (US$75.7m). PPC received US$2.7m in divide...

PPC not to raise capital and focus on growth

29 September 2021, Published under Cement News

South Africa-based PPC has successfully refinanced its debt and is close to finalising its restructuring. Therefore, the company will not require a capital raise, said its CEO, Roland van Wijnen. The new debt facilities of ZAR2.1bn have an extended maturity profile with the long-term facility of ZAR1.5bn being repayable over 3-5 years. The margins were reduced across all facilities to reflect PPC’s improved credit risk profile. “The organisation is now in calmer seas after a hectic 18 mo...

Lafarge Cement Zimbabwe's CEO steps down

15 September 2021, Published under Cement News

Lafarge Cement Zimbabwe Ltd has announced the resignation of its CEO, Precious Murena, with effect from 9 September. Precious Murena joined the company in 2011 and became CEO in 2020. Amr Elmowafy Aly Mowafy, currently Chief Financial Officer, will assume the role of Acting Chief Executive Officer in the interim until the appointment of the substantive CEO.