East African Portland Cement Co to build inland container depot
East African Portland Cement Co wants to establish an inland container depot in Athi River to deliver imported raw materials to its plant via the standard-gauge railway. Mana...
Kenya
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PPC considers expansion and possible sell-off in DR Congo
PPC 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 Afri...
Bamburi Cement reports 66% fall in net profit for 2017
Bamburi Cement has recorded a 66 per cent YoY fall in its net profit for the full-year 2017 period, decreasing to KES1.97bn (US$19.51m) from KES5.8bn. The results have been att...
Savannah Cement sees opportunity with African trade agreement
Savannah Cement of Kenya has optimism of growing trade following the signing of the KES3trn (US$29.7m) African Continental Free Trade Area (AfCFTA) agreement. Savannah Cemen...
Devki Group complains of substandard imports flood
Devki Group's Chairperson, Narendra Raval, has spoken out against imported cement that is disrupting the Kenyan cement market and has criticised the Kenya Bureau of Statistic...
Mombasa Cement increases market share
Mombasa Cement has dislodged East Africa Portland Cement Co (EAPCC) from the second position in Kenya with a market share of 15.8 per cent, while EAPCC has dropped to third pla...
ARM Cement issues profit warning for 2017
Kenya-based ARM Cement has issued a profit warning for the 2017 period, suggesting that the company will post a loss of at least KES3.5bn (US$34.5m). According to a notice sent...
Savannah Cement targets Big Four Agenda projects
Savannah Cement will tap into Kenyan President Uhuru Kenyatta's Big Four agenda – manufacturing, universal healthcare, affordable housing and food security – as it enhances its...
EAPCC announces net loss for 2H17
East African Portland Cement Company (EAPCC) has announced that its net loss worsened in the half-year period ended 31 December 2017. The loss widened by 290 per cent YoY to KE...
Kenyan President Kenyatta inaugurates US$280m clinker plant
Kenya’s President Uhuru Kenyatta inaugurated a new cement clinker plant on 7 February. National Cement Co invested US$280m in the 1.2Mta clinker plant as well as a 15MW powe...