Cement News tagged under: East Africa
Kenyan clinker imports set for additional tax09 May 2023, Published under Cement NewsKenyan producers of clinker are being boosted with the proposal to introduce a new tax as the State moves in to protect local industry. The export and investment promotion levy is a new tax that the William Ruto administration is seeking to impose on imported goods that can be made in Kenya to boost the local manufacturing industry. The Kenyan state government has, through the Finance Bill 2023, proposed the export and investment promotion levy rate on imported clinker at the rate of 10 p... |
Heidelberg Materials' divestments and merger ripples28 April 2023, Published under Cement NewsHeidelberg Materials has been looking to simplify its portfolio and reposition the company on a net zero path. This has seen divestment and merger ripples recently reach the cement markets of Georgia and Tanzania. Creating funds to reallocate for investments in the circular economy and the wider building materials sector has seen Heidelberg Materials start to accelerate divestment activity this year. The group's divestment of its eastern European joint venture in Georgia, where it held a ... |
Savannah Cement Group sources funds for new clinker plant19 April 2023, Published under Cement NewsSavannah Clinker has received KES65bn (US$500m) to fund construction of a new clinker factory in Kenya. Savannah Clinker, an affiliate of Savannah Cement , said it raised the funds through a privately placed debt arrangement with the bond set to be listed at regulated international exchange. Savannah currently imports clinker as it does’t have a clinker plant. Savannah will build its clinker plant in Kitui County, as demand for cement surges due to a construction boom that has been boost... |
Sinoma signs US$600m industrial agreement with Sino-Ethiopian JV17 April 2023, Published under Cement NewsChina-based Sinoma International Engineering has signed a cooperation agreement with Sino-Ethiopian joint venture, National West Industrial Holding (NWIH) Building Materials Holding Co, to undertake a US$600m investment in an industrial park development project in eastern Ethiopia. Sinoma will undertake the engineering, procurement and construction works of the Melka-Jebdu industrial park development project, which includes a 6000tpd cement plant, along with metal and lime production plant... |
Bamburi Cement to open a new shale quarry03 April 2023, Published under Cement NewsKenya-based Bamburi Cement (part of Holcim )will be opening a new shale quarry in Kwale County to serve a new cement plant. The quarry is expected to supply around 20 per cent of the total resource material for the clinker production process. Bamburi plans to scale up its south coast business and establish a 5000tpd clinker plant, said the company’s former CEO, Seddig Hassani. The site is located on approximately 700 acres of land currently owned by local communities that are practicing... |
Bamburi Cement announces new CEO24 March 2023, Published under Cement NewsKenya's Bamburi Cement (part of the Holcim Group) has appointed Mohit Kapoor as its new chief executive officer, effective from 1 April 2023. Mr Kapoor replaces Seddiq Hassani who has left the company after five years at the helm, reports Business Daily Africa. Mr Kapoor has over 20 years’ experience in corporate leadership having held several high level management positions within the Holcim Group, including CEO of Holcim Qatar and head of growth and innovation at Holcim India. Bam... |
Bruks Siwertell receives east African road mobile ship unloader order22 March 2023, Published under Cement NewsBruks Siwertell has secured an order for a next-generation, screw-type discharging, Siwertell road-mobile ship unloader for cement handling in east Africa. The Siwertell 15 000 S trailer-based unloader offers a rated cement handling capacity of 500tph, discharging vessels of up to 15,000dwt. It has a double bellows system for truck loading and is diesel-powered, fitted with a European Union (EU) Stage IIIA/Environmental Protection Agency (EPA) Tier 3 emissions class engine. “Many African ... |
Dugongo Cimentos announces new plant09 March 2023, Published under Cement NewsDugongo Cimentos is building a new 6000tpd cement plant in Nacala-Porto, Nampula province, on the northern cost of Mozambique. The project is believed to cost US$192m, according to Macao News. The company currently runs a 2Mta integrated plant in Maputo province. The construction sector in Mozambique was estimated to be worth US$724.6m in 2021 with average annual growth of over four per cent forecast in 2023-26. |
Dangote Cement's corporate social responsibility work gains recognition03 March 2023, Published under Cement NewsDangote Cement has scooped a number of awards in Zambia and Senegal in recognition of its corporate social responsibility actions. In Senegal the Conseil National du Patronat (CNP) acknowledged the cement producer's local subsidiary for planting hundreds of trees to mitigate against desert encroachment in various parts of the country, reports The Day Live. Meanwhile, in Zambia, Dangote’s Ndola subsidiary picked up the Best Community Social Impact Award for Youth Development in recog... |
Abyssinia Cement ownership moves to ZayRide founders02 March 2023, Published under Cement NewsThe founders of Ethiopia’s pioneer taxi service, ZayRide, have added Abyssinia Cement to their investment portfolio for ETB600m (US$11.2m), according to Capital Ethiopia. Abyssinia Cement operates a 0.85Mta integrated cement plant at Chanco, 45km north of the capital Addis Ababa in the Oromia region. Habtamu Tadesse, CEO of ZayRide, said that the cement industry was one of the country’s increasingly lucrative businesses and said in terms of running costs, he expects to pay out ETB150m.... |