Cement News tagged under: Kenya
Kenya: East African Portland Cement reports 1H16-17 pretax loss23 February 2017, Published under Cement NewsIn the first half of the FY16-17 ended December 2016 East African Portland Cement Co (EAPCC) has reported a pretax loss of KES533.7m (US$5.2m), an improvement when compared with the loss of KES745m reported a year ago. Revenues in the first half fell from KES4.62bn to KES3.72bn. EAPCC operates a 1.14Mt cement plant at Athi River and also owns downstream concrete activities. It is Kenya's fourth-largest cement producer after Lafarge Bamburi, Mombasa Cement and Savannah Cement. |
Mombasa Cement to build 36MW wind farm in Kilifi26 January 2017, Published under Cement NewsMombasa Cement is set to build a 36MW wind farm in Kilifi for its own energy use and sale to Kenya Power. The project, which consists of 12 turbines of 3MW each, will cost an estimated KES260m (US$2.5m). The wind park will be build on a section of the 1200 acres of land Mombasa Cement owns in Vipingo, on which it already operates a clinker factory that feeds its main plant in Athi River. Kenya’s renewable energy market has recently attracted dozens of local and multinational investors,... |
Kenya: Savannah Cement resumes operations12 January 2017, Published under Cement NewsSavannah Cement has reopened operations after temporary closure over the Christmas season to undergo major renovation. “We have decided that going forward we will be doing annual maintenance of the plant during the festive season to enable us meet our customer needs more efficiently,” Savannah Managing Director, Ronald Ndegwa, said. The cement manufacturer replaced wear parts in the grinding mill with an aim of increasing production, boosting quality and enhancing efficiency. Speaki... |
Kenya: cement consumption falls 5.3% in 3Q1604 January 2017, Published under Cement NewsThe growth in cement consumption fell by 5.3 per cent in the third quarter of 2016 compared to 3Q15, according to a report from the Kenya National Bureau of Statistics (KNBS). The KNBS data shows that the domestic market consumed 1.52Mt of cement in the three months to September 2016, compared to 1.45Mt in the same period in 3Q15 and 1.3Mt in 3Q14. The decline in cement demand was in line with a general slowdown in the construction sector. Lower demand from major infrastructure p... |
CBMI awarded two LafargeHolcim contracts15 December 2016, Published under Cement NewsCBMI has signed two contracts with LafargeHolcim for the supply of 1Mta and 0.8Mta grinding facilities in Kenya (Nairobi) and Uganda (Tororo), respectively. The projects will be managed by LafargeHolcim subsidiaries in the respective countries, Bamburi Cement Co (Kenya) and Hima Cement Ltd (Uganda). The scope of supply will cover clinker feeding to cement packing to shipping. The contract period for both projects is 17.5 months for completion of industrial tests and 19 months to reach ... |
Kenya: Savannah Cement 2500tpm supply deal15 December 2016, Published under Cement NewsSavannah Cement claims to be supplying 2500t of cement each month to the Outer Ring Road expansion project. The KES16bn (US$157m) road project is being financed by the African Development Bank and the Kenyan government and is scheduled for completion in September 2017. Meanwhile, the cement manufacturer has plans to install a second grinding unit at its Kitengela complex to boost production capacity. With the installation of the unit nest year, Savannah Cement expects to double its produc... |
Kenya: locals request priority in EAPCC land sale14 December 2016, Published under Cement NewsEast Africa Portland Cement Co (EAPCC) has proposed the disposal of parcels of land and residents in some of the areas have requested priority in the sale. On 17 November 2016, Athi River-based company EAPCC announced plans to sell parcels of its land in an attempt to raise approximately KES8bn (US$78.3m). The company has suggested the proceeds could go towards retiring KES5bn of debt. As the state controls 52.3 per cent of the company (25.3 per cent directly by the Ministry of Industr... |
Kenya: Dangote seeks limestone on east coast30 November 2016, Published under Cement NewsDangote Group has expressed interest in prospecting for limestone in Malindi, 120km northeast of Mombasa. The group plans to explore limestone deposits in Kwachocha, Kijiwetanga Kizingo, Mbaraka Chembe and Mayungu, said Dan Kazungu, Mining Cabinet Secretary. Mr Kazungu announced that the ministry is processing a licence to allow the exploration works. The ministry will set up a regional mining office in Malindi town to serve Kilifi, Tana River and Lamu. Dangote’s entry into the Kenyan ... |
Kenya: Savannah Cement to raise capacity to 2.4Mta18 November 2016, Published under Cement NewsSavannah Cement has unveiled plans to increase its Athi River plant to 2.4Mta, almost doubling its current 1.5Mta capacity, Business Daily Africa reports. The firm says it expects the new capacity to come online by mid-2018, with the tendering process to begin in early 2017 as soon as regulatory clearance is received. The project will see the creation of a new grinding and packaging plant. Kenyan cement consumption has risen rapidly in recent years and the country’s producers have resp... |
Kenya: East African Portland Cement to lay off two-thirds of workforce18 November 2016, Published under Cement NewsIn a restructuring plan unveiled this week, East African Portland Cement (EAPC) has said it will lay off more than 1000 of its more than 1500 workers, reducing the firm’s headcount to just 500, the Daily Nation reports. “We are overly overstaffed with our employee numbers at over 1500 and close to 2000. By benchmarking with the rest of the industry we need only 500,” said Bill Lay, EAPC’s chairman. The company, which made an operational loss of KES1.6bn (US$15.7m) in the last financial... |