Cement News tagged under: Kenya
Kenya: Bamburi Cement commissions a new baghouse13 November 2012, Published under Cement NewsLafarge's Bamburi Cement has commissioned a KES540m kiln baghouse to eliminate dust emissions and save energy during production. This is part of the group’s Environmental Sustainability Ambitions 2012, aimed at reducing dust emissions by 30 per cent by the end of 2012, as it moves towards the overall goal of reaching the required global standards of below 50mg/Nm3. Commissioning the new technology Dr Ayub Macharia, director, applauded the investment saying it is in conformity to NEMA and in... |
Increased sales boost ARM Cement's 9M12 pretax profit, Kenya22 October 2012, Published under Cement NewsKenya’s second largest cement producer ARM Cement (formerly Athi River Mining) said in the first nine months pretax profit rose to KES1.2bn (US$14.1m) from KES296m, driven primarily by higher sales of Rhino Cement. Rhino Cement, which is ARM's flagship operation set up in 1997, launched its Tanzania cement production plant in Dar es Salaam this month. Turnover for the first three quarters of the year jumped 29 per cent to KES7.74bn compared to the same period the previous year. ARM s... |
EAPCC announces new strategy, Kenya01 October 2012, Published under Cement NewsEast African Portland Cement Company (EAPCC) of Kenya has announced the appointment of two management positions and revamp its strategy implementation and operations as it aims to increase efficiency. EAPCC has appointed two managers to head its production and human resources departments. Former Bamburi Cement and Athi River Mining employee Engineer Charles Charo is the new Head of Production Operations. Charo has 25 years of experience in cement manufacturing while John Ole Kimanjoi has... |
Competition mounts for East Africa market share07 September 2012, Published under Cement NewsPublic sector infrastructure projects and the rapidly growing middle class in the East Africa region will be the main drivers of cement consumption as competition is set to intensify with the arrival of new market entrants. S peaking to AllAfrica press, Kephar Tande, chairman of the East African Cement Producers Association, said Friday that the ongoing regional trade integration and an expected surge in housing demand will be the new battlefront for market share as new players enter the ma... |
East African import concerns03 September 2012, Published under Cement NewsThe East Africa Cement Producers Association (EAPC) has flagged concerns over the increasing threat of imports to the region. The associaion yesterday warned that cement ports are not being subjected to the same technical standards and regulations as domestic cement, increasing the chance of sub-standard products being used in projects. “Cement is a very sensitive commodity yet the quality issues on imports are not being addressed at such a time when the number of collapsing buildings ... |
Savannah Cement begins production, Kenya03 September 2012, Published under Cement NewsThe 1.5Mta Savannah Cement works has started production, becoming the newest entrant into the Kenyan cement market. The Athi River-based facility is a joint-venture by Kenyan and Chinese investors. Savannah Heights owns 40 per cent while Chinese Wan-Ho and Acme Wanji own 40 and 20 per cent respectively. Speaking to the The Standard, Benson Ndeta, Savannah Cement chairman, said: “We value our partnership with the Chinese investors as they are equipped with world recognised know-how on ... |
Bamburi first-half pretax profit falls, Kenya03 August 2012, Published under Cement NewsKenya’s leading cement producer Bambur Cement posted a 12.86 per cent fall in pretax profit for the first half of this year to KES3.7bn (US$43.89m), hurt by financing costs that exceeded revenue growth, the company said on Friday. The company, which is part of the Lafarge group, said turnover increased 17 per cent to KES19.2bn. "The regional cement market will continue to be vibrant. Focus will be on retaining the upward trend of revenue growth," Bamburi said in a statement, adding th... |
Athi River Mining pretax profit rises 24%25 July 2012, Published under Cement NewsKenya’s Athi River Mining posted a 24 per cent rise in first-half pretax profit thanks to increased cement sales. The country’s second-largest cement producer, behind Bamburi Cement, said pretax profit for the six months to June rose to KES790.96 (US$9.4m). The company is positive on its second-half outlook due to anticipated cut in interest rates, a stable shilling and good growth in infrastructure demand. It also expects its new 1.5Mta cement plant in Dar es Salaam, Tanzania to bo... |
Construction of Pokot plant delayed, Kenya12 July 2012, Published under Cement NewsConstruction of a new cement factory in Pokot, Kenya, which was set to be completed by the end of next year is experiencing delays and is now expected to take longer than expected. Kenyan newspaper, The Star, reported Rajesh Kumar Rawal of the Cemtech Sanghi Group – which is behind the 1.2Mta cement plant – as saying that the company has completed the planning stages and construction was scheduled to start this year. However, at present, no work is being carried out at the site. No furthe... |
Athi River Mining posts 17% first-quarter pretax profit15 May 2012, Published under Cement NewsKenya's Athi River Mining posted a 17 per cent rise in first-quarter net profit, helped by higher production and growing demand. Net income increased to KES258.2m (US$3.1m) in the three months through March, from KES220.2m a year earlier, the Nairobi-based company said in a statement. Revenue rose 61 per cent to KES2.74bn for the three months ended March. Its earnings per share rose to KES10.40 from KES8.90 in the same period of 2011. The company’s directors have proposed changing its name... |