Cement News tagged under: East Africa
Tanga port receives large clinker consignment23 November 2021, Published under Cement NewsTanzania’s Tanga port has received a consignment of 50,000t of clinker from Saudi Arabia, which is reportedly on transit to Prime Cement in Rwanda. Tanga Regional Commissioner, Adam Malima, said: "The government investment in expanding the port has started bearing fruits because the port can now host large vessels, something which was not possible before the expansion," he said. "I call on the Prime Cement Ltd to hold a meeting with Tanzanians haulers and other transport logistics firm... |
Twiga Cement commissions rehabilitated cement mill18 November 2021, Published under Cement NewsAs part of the strategic development plan at Twiga Cement factory (HeidelbergCement group) has rehabilitated the cement Mill No 2 (CM2) at the plant. The project represents an investment if US$3.2m and it was officially inaugurated on 16 November 2021 by the Prime Minister of Tanzania, H E Kassim Majaliwa. The new cement mill plus additional investments of 2021 have increased Twiga Cement’s production capacity by 0.25Mta. |
Lafarge Zambia reduces cement price by 5-10%03 November 2021, Published under Cement NewsLafarge Zambia has reduced the price of cement by 5-10 per cent from 30 October 2021. The price reduction was said to be inevitable due to the appreciation of the kwacha against other major convertible currencies in the past two months, according to the Zambia Consumer Association (ZCA), which welcomed the step. Lafarge Zambia Corporate Affairs and Communication, Sarah Banda, said in a statement that the reduction in the price of cement was caused by the recent appreciation of the kwacha a... |
Roof collapse at Lafarge Zimbabwe may impact performance28 October 2021, Published under Cement NewsLafarge Cement Zimbabwe has announced that a roof collapse at one of its cement mills is expected to have a negative impact on the group’s overall business performance in the final quarter of 2021. "The necessary measures to restore the structures and restart the mills have commenced and are well under way," Faithful Sithole, the company’s secretary said in a statement following the incident earlier this month. Elsewhere, work on the installation of a new VRM at the facility is underway an... |
HeidelbergCement agrees to 68% stake in Tanga Cement27 October 2021, Published under Cement NewsHeidelbergCement has signed an agreement to acquire 68 per cent of the shares in the Tanzanian cement producer Tanga Cement. The step aims to strengthen its local business and create significant synergies with its existing assets in Tanzania, says the company in a statement. Through its subsidiary Tanzania Portland Cement, the largest cement-producing company in the country, HeidelbergCement already has a good market position in Dar es Salaam in eastern Tanzania. As part of this transactio... |
Kenyan sees record cement consumption in July27 October 2021, Published under Cement NewsKenya’s cement consumption grew to 726,823t in July, the highest in the last decade records the Kenyan National Bureau of Statistics. The record demand is linked to several ongoing mega infrastructure projects such as, the Nairobi Expressway, Dogo Kundu Bypass, James Gichuru-Rironi highway, Nairobi Western Bypass and dam construction. |
Tanga Cement sees net loss widen in 1H2107 October 2021, Published under Cement NewsTanzania’s Tanga Cement saw its net loss widen to TZS7.8bn (US$3.38m) in the first half of 2021, compared with a TZS5.2bn loss in the year-ago period. Around TZS2.6bn has been attributed to a major breakdown in clinker production units that saw costs of production surge, according to The Citizen. Board Chairman, Lawrence Masha, noted that due to the breakdown it had to purchase 117,259t of clinker to ensure sufficient cement production. The increase in the cost of sales took its toll o... |
West China Cement signs MoU for four projects worth US$800m06 October 2021, Published under Cement NewsThe government of Mozambique and West China Cement have reportedly signed a memorandum of understanding regarding four industrial investment and development projects, with a total value of US$800m. The projects include a cement plant, a thermal energy generation facility and two glass factories. "The group of West China Cement intends to continue its investments in Mozambique, attentive to the good business environment and to one of the government’s five-year goals, which is to generate mo... |
Zambia’s cement output up 5% in 202122 September 2021, Published under Cement NewsCement production in Zambia in the first half of 2021 increased by five per cent to 1.2Mta, compared to 1.1Mta in 2020, according to data from the Ministry of Mines and Minerals Development. Cement prices rose to ZMW130 (US$7.89)/50kg bag from just under ZMW90 as cement companies cited a gypsum shortage as a contributing factor. |
Lafarge Cement Zimbabwe's CEO steps down15 September 2021, Published under Cement NewsLafarge Cement Zimbabwe Ltd has announced the resignation of its CEO, Precious Murena, with effect from 9 September. Precious Murena joined the company in 2011 and became CEO in 2020. Amr Elmowafy Aly Mowafy, currently Chief Financial Officer, will assume the role of Acting Chief Executive Officer in the interim until the appointment of the substantive CEO. |