Cement News tagged under: East Africa
Bamburi Cement to raise prices as costs escalate15 March 2022, Published under Cement NewsKenya-based Bamburi Cement ( Holcim ) plans to increase prices of its products by 2-10 per cent as of 10 March 2022. The company attributed the price rise to higher raw material costs. To sustain its operations, Bamburi will be raising prices of products marketed under its Nguvu, Tembo and Fundi brands, particularly from the company’s Nairobi, Mombasa, Limuru and Sagana depots. The price of a 50kg bag of Bamburi Cement retails between KES600 (US$5.25) and KES770. |
Madagascar imports cement to reduce price10 March 2022, Published under Cement NewsThe State Procurement of Madagascar (SPM) has imported cement at a reduced price to normalise the price of cement in the market and support the population after the passage of cyclones, reports L’Express. A 50kg bag of cement, imported by Lucky Cement via the Toamasina depot, now costs MGA25,500 (US$6.35), down from MGA26,500 previously. |
East African Portland Cement narrows half-year loss01 March 2022, Published under Cement NewsKenya-based East African Portland Cement Co , owned by Holcim , has narrowed its half-year loss to KES907.1m (US$8m) in the six months to December 2021 from KES1.035bn in the equivalent period of the previous year. This was achieved despite a decline in the company’s revenues to KES967.7m in the 1HFY21-22 from KES1.4bn in the 1HFY20-21. The company attributed the improved loss result to a cost containment drive. Administration and selling expenses were down by nearly two per cent to KE... |
Cement prices in Tanzania to fall?23 February 2022, Published under Cement NewsThere was a modest fall in cement production in Tanzania in 2021 as output fell to 6.436Mt when compared with 6.496Mt in 2020, according to data from the National Bureau of Statistics. Prices have risen sharply during the period. Cement producers have said that the COVID-19 pandemic and its associated lockdowns in the world have compounded the cited issue of “high manufacturing costs”. Maintenance and repairs of cement plants were more difficult as lockdowns in other parts of the world ha... |
Gebr Pfeiffer commissions Kenyan mill22 February 2022, Published under Cement NewsGebr Pfeiffer has successfully commissioned third line for cement grinding for Mombasa Cement Ltd, Vpingo , Kenya. The project for Tororo Cement subsidary Mombasa Cement included the installation of a Gebr Pfeiffer vertical roller mill MVR3750C-4. The original order was placed in July 2019 . |
Lafarge Cement Malawi reverts to Portland Cement Malawi08 February 2022, Published under Cement NewsFollowing a change in Lafarge Cement Malawi Ltd’s shareholding from Holcim to Huaxin, the cement producer has reverted to its original name of Portland Cement Malawi Ltd with immediate effect. “Portland Cement Malawi Ltd will remain the home of our trusted brands which include DuraCrete, SupaSet, Kumanga and Khoma”, said Company Secretary and CFO, Constance Musopole. “Huaxin is among the 10 largest cement manufacturing companies globally with 115Mt capacity. We are excited to begin th... |
Bamburi Cement orders two solar power plants04 February 2022, Published under Cement NewsBamburi Cement PLC (Holcim group) has signed a power purchase agreement (PPA) with Momnai Energy Ltd to set up two solar plants adjacent to the company's Mombasa cement plant and Nairobi grinding plant in Kenya. The project, which aims to save on power costs as well as contribute to net zero carbon emissions by switching to renewable energy, is set to deploy solar power systems with a total capacity of 14.5MW and 5MW for Bamburi's Mombasa plant and Nairobi (Athi River) grinding plan... |
East African Cement Co looks to DR Congo for increased cement sales31 January 2022, Published under Cement NewsEast African Portland Cement Co (EAPCC) is looking to target cement sales in the Democratic Republic of Congo (DRC). “In the past 10 years, EAPCC has been missing from the infrastructural agenda due to competition among other challenges. Now we have come up with a five year strategic plan as we want to revamp our operations,” said Oliver M Kirubai, managing director at the EAPCC. “We are targeting the East African market, including the DRC. We are getting inquiries from Rwanda as well.” ... |
Madagascar imports 12,000t of cement31 January 2022, Published under Cement NewsThe Madagascan state, through the Ministry of Industrialisation, Trade and Consumption, has imported 12,000t of Lucky Cement at reduced prices. The arrival of the cement should help regulate a market that has now been stable for several months. The cargo arrived in Toamasina, Madagascar, on 17 January and is available at the warehouse of State Procurement of Madagascar (SPM), which is calling on distributors to sell them on to the domestic market. Distributors can purchase the cement at ... |
Dugongo cement prices see further rise28 January 2022, Published under Cement NewsThe price of Dugongo cement in Mozambique has increased yet again, reports Club of Mozambique. As of 24 January 2022, a 50kg bag of 32.5 cement now costs MZN360 (US$5.64). A bag of 42.5 cement now costs MZN340. Since the opening of Dugongo Cimentos in May 2020, the price of its cement has increased three times although the price of cement at many other producers has fallen. In September 2021 Dugongo cement raised the price of 32.5 cement from MZN230 to MZN255 while 42.5 cement increase... |