Cement News tagged under: East Africa
Reducing methane emissions24 January 2022, Published under Cement NewsAs the cement industry prepares to meet its sustainability objectives, this month’s Technical Forum focusses on the potential of methane as an alternative to coal in firing kilns. More than 70 per cent of kilns are still fired with coal or petcoke whereas only 10 per cent are currently using natural gas. If 10 per cent of the world’s cement kilns could be switched from coal to natural gas, then 1.16Gt of CO 2 would be prevented between 2020-50 News in the first weeks of Nove... |
Savannah Cement seeks KES40bn to fund new clinker plant20 January 2022, Published under Cement NewsSavannah Cement , Kenya, wants to raise KES39.7bn (US$350m) via a bond on the London Stock Exchange to build a clinker production plant. The firm has been relying on imported clinker to meet cement demand. Savannah Cement Chief Executive Samson Shivina said that the firm expects the plant to be completed by mid-2024. "This is entirely being financed by a bond on the London Stock Exchange because locally, we may not find banks who are going to finance such size of the project unless it... |
Hima Cement suspends operation after fire kills three17 January 2022, Published under Cement NewsOperations at the Hima Cement factory (Holcim group) in Kasese district in western Uganda have been suspended following a fire that broke out at the premises on Saturday afternoon and left three staff members dead. Eight others were rushed to hospital in critical condition. "Our operations at the Hima plant have been stopped as we take stock of this incident and to ensure that the fire is fully contained. The health and safety of our employees and all stakeholders remains our number one p... |
Savannah Cement has overcome its clinker shortage difficulties07 January 2022, Published under Cement NewsSavannah Cement managers have denied that the company is facing financial problems, saying a shortage of clinker had slowed down production for the Kenyan cement producer in the 3Q21. In an exclusive interview with Nation Africa, Mr Shivina said the company is financially stable. He said the company relies on imported clinker for cement production, but supply was disrupted in 2021 due to a shortage of vessels as the global economy suffered from a COVID-19-related supply chain backlog.... |
Ethiopian plants warned to fast-track outstanding deliveries06 January 2022, Published under Cement NewsEthiopia's Minister of Mines and Petroleum, Takele Uma, said that the Ministry has cautioned cement factories to use their full potential and fast-track outstanding deliveries of 2.6Mt of cement. According to Takele, "cement factories already owe more than 2.6Mt of cement", resulting in delayed delivery to consumers and having a "direct impact on the cement supply chain, inflation", as well as creating "negative impact on the supply of raw materials." These factories, whic... |
Lafarge Cement Zimbabwe Ltd appoint new CEO27 December 2021, Published under Cement NewsLafarge Cement Zimbabwe Ltd (Holcim group) has appointed Mr Geoffrey Ndugwa as the new CEO. Prior to his appointment, Mr Ndugwa was the CEO of Lafarge Malawi between December 2019-November 2021. He has 17 years of cement industry experience working in various capacities across Africa, including Director for Bamburi Group in Kenya, General Manager of Innovation and Marketing for Lafarge WAPCO Nigeria Plc, General Manager of Bamburi Special Projects Ltd in Kenya, Head of Business Support at... |
Lafarge Zambia to revert name to Chilanga Cement13 December 2021, Published under Cement NewsLafarge Zambia (Holcim group) is set to change its name and revert to ‘Chilanga Cement Plc’ following a share sale and purchase agreement signed and executed with Huaxin (Hainan) Investment Co Ltd. Lafarge Zambia Plc has also announced the appointment of its new director of the board and chief executive officer, Chai Jianping. |
Zimbabwe to keep imports flowing10 December 2021, Published under Cement NewsThis week, Zimbabwe's cement market opted to keep import permits in response to increasing cement shortages. Zimbabwe’s cement sector has been stretched and reliance on Lafarge Cement (Holcim group) and PPC, the top two domestic producers, has led to the current situation where imports have become a necessity to complete private and public building projects. The immediate cement shortage in the country has been exacerbated by Lafarge Cement’s plant breakdown, where a roof collapsed on a ... |
CIMERWA posts a 7% revenue increase10 December 2021, Published under Cement NewsRwanda's CIMERWA has registered an after-tax profit of RWF4.1bn (US$3.95m) for the year ended September 2021, up 115.8 per cent compared to RWF1.9bn in the previous year. Revenue also advanced seven per cent YoY to RWF67.3bn. “We have achieved strong financial results in the year ending 30 September 2021 despite the effects of various COVID-19 lockdowns during the period. This excellent performance was driven by growth in revenue as the business executed its route-to-market strategy so as ... |
Holcim divests Zambian subsidiary to Huaxin Cement02 December 2021, Published under Cement NewsHolcim has closed the sale of its business in Zambia, representing a 75 per cent stake in the company, to the Chinese cement group Huaxin for an enterprise value of US$150m for 100 per cent ownership of the company. The deal was closed following approvals from Chinese and Zambian authorities. Jan Jenisch, Holcim CEO: said “This divestment is another step in our transformation to become the global leader in innovative and sustainable building solutions giving us the flexibility to con... |