Kenya’s ARM Cement defines further expansion plans
ARM Cement Ltd says it is investing in the construction of new plants and upgrading existing units across east Africa as competition in the region increases. The plan is to see ...
Arm Cement
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ARM Cement first-half pretax profit 20% higher YoY
ARM Cement's pretax profit rose 20 per cent to KES1.2bn (US$13.68m) in the first half of 2014, the Kenyan firm said on Friday.
GCR affirms ARM Cement's ratings, outlook Stable
Global Credit Ratings (GCR) has today affirmed the national scale ratings assigned to ARM Cement Ltd of A(KE) and A1(KE) in the long term and short term respectively. The outloo...
Kenya: ARM Cement reports 12% rise in pretax profit
Kenya’s second largest cement producer ARM Cement saw a 12 per cent rise in full year pretax profit to KES2bn (US$23.17m). Earnings per share increased to KES2.73 from KES2.52, ...
ARM optimistic on Kitui plant construction start, Kenya
Kenyan producer ARM Cement is getting closer to launching construction of a US$400m plant in Kitui County, the company’s managing director has said. Pradeep Paunrana told local ...
ARM awaits board approval for South African project
ARM Cement is still awaiting board approval for the construction of a new cement plant in South Africa, the company's managing director, Pradeep Paunrana, has said. Mafikeng Cem...
ARM Cement to start Kitui plant construction next year, Kenya
ARM Cement said it plans to start construction of an 8000tpd plant in Kitui county, Kenya in 2014. “We plan to start construction of the Kitui plant late next year. It is a majo...
ARM Cement expects Kenyan market to grow for the next 50 years
Kenya's cement market is set to expand on the back of government infrastructure spending on ports and roads, while house builders trying to meet an annual deficit of some 440,00...
ARM Cement 9M13 pretax profit boosted by higher sales
ARM Cement posted a 28 per cent rise in pretax profit for the first nine months of the year boosted by higher sales. Kenya’s second largest cement producer said on Tuesday its p...
ARM expects new capacity to boost earnings
Kenya’s ARM Cement said it expects earnings to increase at a faster pace this year thanks to its new capacity in Tanzania. In an interview with Reuters, ARM Cement’s chief execu...