LafargeHolcim
LafargeHolcim’s Kenyan subsidiary Bamburi Cement has announced a first-half turnover of KES18,556m (EUR151.08m), an easing of 0.2 per cent, while the trading profit fell by 56...
Kenya
354 posts · Page 16 of 36
LafargeHolcim
LafargeHolcim has acquired Metro Mix LLC, a ready-mixed concrete producer in Denver, Colorado, which last year produced a turnover of some US$30m from two batching plants, empl...
East African Portland Cement pleads for more time
Simon Peter Ole Nkeri, managing director of East African Portland Cement (EAPC), has urged the courts and creditors to give the company time, while it trims staff levels and ...
Bamburi Cement records 78% net profit decline in 1H18
Kenya’s Bamburi Cement has posted a 78.2 per cent YoY drop in net profit for the half-year period ended 30 June, falling to KES399m (US$3.96m) from KES1.83bn. Revenue remained ...
EAPCC's plan to raise funds relies on court outcome
Kenya's East African Portland Cement Co (EAPCC) has announced that its plan to sell land to raise much-needed operational capital is dependent on the outcome of certain court c...
Wilfred Murungi retires from ARM Cement
Kenyan billionaire Wilfred Murungi has parted ways with ARM Cement Ltd, ending his 24 years of tenure as a director at the cement producer. "I wish to inform all shareholders...
Linus Gitahi is appointed Chair of ARM Cement Board
Linus Gitahi, former Nation Media Chief Executive, has been appointed the Chair of the ARM Cement Board following Wilfred Murungi's retirement. Deputy Managing Director Surendr...
Former ARM CEO to remain as board member
Pradeep Paunrana, chief executive of ARM Cement PLC (Kenya), said on Thursday he planned to quit his post as part of a changes at the Kenyan cement maker, but now states he wil...
ARM seeks limestone mining permit
ARM is requesting government approval to mine limestone in five areas in Kilifi County, Kenya. The cement producer wants to mine the raw material over 24.931km 2 in the Chon...
Bamburi Cement launches new rapid concrete solution
Bamburi Cement has launched a ready-mix concrete that will speed up construction time by enabling continuous concrete pour in projects of more than 2000t in under 48h. Pours o...