Cement News tagged under: Kenya
East Africa Portland Cement Co announces new clinker line project06 December 2023, Published under Cement NewsEast Africa Portland Cement Co (EAPCC) is planning a KES30.53bn (US$200m) clinker line in Kajiado county, Kenya. The plant, which will have a clinker capacity of approximately 5000tpa, will be located on a 300-acre greenfield site. EAPCC ( Holcim Group ) says the clinker will be used for cement production in the domestic market with the surplus being exported to neighbouring countries. Clinker produced at the company’s Athi River factory is not of a high enough standard at present w... |
Bamburi Cement builds two solar power plants04 December 2023, Published under Cement NewsBamburi Cement is building two solar photovoltaic power plants, which will provide up to 30 per cent of the cement producer’s total power requirement. According to Market Screener, this marks the largest commercial solar project ever initiated by a cement company in Kenya. The project with MOMNAI Energy Ltd, an independent power producer, will include two plants with capacities of 14.5MW and 5MW, located in Bamburi’s Mombasa and Athi River sites, respectively. Mohair Kapoor, CEO, B... |
Karsan Ramji signs geothermal power deal01 December 2023, Published under Cement NewsKenya-based Karsan Ramji and Sons , which produces Ndovu Cement, has signed a 20-year deal with the country’s state-owned geothermal developer Geothermal Development Company (GDC). Under the agreement, GDC will provide Karsan Ramji with 40tph of steam from which the cement producer will generate power using a 4MW wellhead generation unit. Karsan Ramji will also use the geothermal heat for a 700tpd drying unit. This marks the first time in Kenya that an industrial player and manufacturing fi... |
Bamburi Cement calls for collaborative approach on decarbonisation23 October 2023, Published under Cement NewsKenya’s Bamburi Cement has issued a rallying call to the country’s construction sector to encourage decarbonisation. According to Capital Business, the company is in talks with designers, engineers, developers, contractors, materials manufacturer and industry bodies across Mombasa, Kisumu and Nairobi on how to develop a low-carbon pathway. Speaking to over 120 sector players at a recent event in Mombasa, Mohit Kapoor, CEO of Bamburi Cement, said, “The construction process and the materi... |
Bamburi sees pretax profit quadruple29 August 2023, Published under Cement NewsKenya-based Bamburi Cement Ltd , owned by Holcim, reported a 1H23 turnover of KES22,260m (US$153.5m), up 11 per cent when compared with the 1H22. Profit before tax surged to KES621m in the 1H23 from KES124m in the 1H22. |
East Africa Portland Cement is ready to tap domestic market02 August 2023, Published under Cement NewsEast Africa Portland Cement Co Plc and its Athi-River plant is set to expand its clinker production to serve the domestic market after the government imposed a 17 per cent duty on imported clinker. According to Managing Director, Oliver Kirubai, the cement maker has drawn a road map for its revival and has realised improved production by 25 per cent as of September 2022. The increase in production was informed by the first phase of refurbishing the plant, increasing efficiency and cut... |
Bamburi Cement to consider expansion despite macroeconomy19 June 2023, Published under Cement NewsBamburi Cement PLC ( Holcim group ) held its 72nd Annual General Meeting in Nairobi on 15 June, chaired by the Board and Management, which included Chairman Dr John Simba, Group Managing Director Mohit Kapoor, and Group Chief Financial Officer Eugene Antera. According to Mr Kapoor, "Kenya's macroeconomic situation is challenging due to inflation, currency devaluation, an uncertain tax environment, and restricted liquidity. “High power costs continue to be an issue and as a ... |
Devki Group to boost clinker exports09 June 2023, Published under Cement NewsNational Cement (Devki Group) has announced that it will export up to 80 per cent of the clinker it produces when its new West Pokot plant in Kenya starts production. This will see increased clinker supply to the neighbouring countries of Uganda, Rwanda and Burundi. Uganda's market is starved of clinker production with a capacity of just 1.86Mta, far below its nominal cement capacity of 7.13Mta, according to The Global Cement Report Plant Database (GCR PD). Rwanda's market is similarly defi... |
New administrator for Savannah Cement announced17 May 2023, Published under Cement NewsHarveen Gadhoke of Adili Associates has been appointed to turn around impoverished Savannah Cement with the view of recovering KES10bn (US$72.8m) owed to KCB and Absa Bank Kenya. Savannah Cement has been in court for the past year, disputing the debt of over KES7bn owed to KCB Bank and over KES3bn owed to Absa Bank. The cement firm has been facing financial challenges for the past three years. It closed briefly in late 2021, forcing all employees to proceed on a 10-day break to pave th... |
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... |