ARM secures loan to finance expansion
ARM Cement has secured a KES4.5bn (US$50m) loan from CFC Stanbic Bank to finance its expansion plans. “The credit adds to our existing facilities and will be used in current...
Kenya
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Kenya: Bill Lay reappointed chairman of EAPCC
President Uhuru Kenyatta has reappointed Bill Lay as chairman of East African Portland Cement Company (EAPCC) for a three-year term. The Head of State, through the latest gaze...
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...
Kenyan production climbs 15.2 per cent YoY
Cement production in Kenya rose by 15.2 per cent as consumption in the east African country surges, according to data from the National Bureau of Statistics. The country’s s...
Kenya: EAPCC begins Athi River upgrade project
East African Portland Cement Company (EAPCC) has started the upgrade of its Athi River plant in Kenya as the company aims to improve reliability, increase production and enhanc...
Kenya: National Cement to build 15MW power plant
Kenya’s National Cement, part of the Devki Group, plans to build a KES1.7bn (US$19m) coal-fired power plant to serve its clinker plant and limestone mining operation in Kajiado...
Kenya: EAPCC swings to full-year loss
East African Portland Cement posted a net loss of KES386m (US$4.32m) for the year ended June 30, due to price competition, high staff costs and the weakening shilling. The Ken...
Kenya: Savannah Cement to widen its east African sales
Savannah Cement has confirmed plans to develop its business to the wider east African market as part of its regional integration support. The project will see the company pur...
Savannah lines up new capacity investments
Savannah Cement, one of Kenya's newest market entrants, is set to build two new plants as it nears exhaustion of its current capacity, managing director, Ronald Ndegwa, said. ...
Kenya National Cement Co to expand with IFC finance
The IFC is providing up to US$70m to Kenya's National Cement Company Ltd (KNCC) to expand the cement producer's operations, increase the local cement supply and promote infrast...