Cement News tagged under: National Cement Company
National Cement 5000tpd clinker line construction advances12 February 2021, Published under Cement NewsAfter one year of construction activity and despite the pandemic situation, National Cement's 1.65Mta Ragland Cement plant modernisation project is progressing well and is on schedule. The five-stage preheater and precalciner located next to the new 13,000t blending silo is fast being erected. It will be 110m high when completed. "This structure, the tallest in the St Clair County will definitively reinforce National Cement Co of Alabama presence on the map," said National Cement. ... |
National Cement starts supplying Rwandan market02 November 2020, Published under Cement NewsNational Cement of Kenya has introduced its Simba brand into the Rwandan cement market having seen strong demand for infrastructure in the country, including a new airport in Bugesera. The Kenyan producer is supplying cement importers from its recently-opened Nakuru plant, which is approximately 500km from the Rwandan border. "The Rwandan market is one of the fastest growing economies in Africa. Since the government of Rwanda is implementing and supporting several projects, the shor... |
Khums Cement Factory reopens, Libya19 February 2020, Published under Cement NewsNational Company's Khums Cement Factory in Libya has reopened following a modernisation programme to reduce the environmental impact of operations. New filters were installed to limit the emissions of dust and gas that results from the production process, the Libya Observer reported citing a Facebook post by the municipality of Khums. "The National Company has taken this step as evidence of its commitment to protecting people living in areas located near the factory against risks of pollut... |
National Cement Co launches new 0.75Mta plant in Kenya29 January 2020, Published under Cement NewsKenya’s National Cement Co (Devki Group) has launched a new 0.75Mta facility in Salgaa, Nakuru County, representing an investment of around KES5.8bn (US$57.5m). The plant will manufacture the company’s Simba Cement product and is expected to generate 700 jobs. Narendra Raval, chairman of Devki Group, has stated that National Cement’s overall production capacity will rise from 2Mta to 3.5Mta by July following ongoing expansion projects, which includes a 0.75Mta brownfield expansion to the... |
National Cement's acquisition of ARM blocked22 July 2019, Published under Cement NewsThe acquisition of ARM Cement for US$50m by National Cement has hit a legal block. ARM's former CEO and leading shareholder, Pradeep Paunrana, has challenged the sale in the High Court, saying that ARM Cement has been undervalued and that his consortium had offered a bid of US$65m for ARM Cement. The administrator of the sale, PricewaterhouseCoopers (PwC), claims that the US$65m bid was turned down becasue it was not accompanied by proof of funds among other reasons. Instead, PwC approved t... |
ARM Cement's Kenyan assets sold to National Cement22 May 2019, Published under Cement NewsThe Kenyan assets of ARM Cement have been sold to National Cement Co for US$50m, according to a statement by its administrators. The transaction is subject to regulatory approvals. The company was placed under administration last year by some of its creditors over what has been reported to be a US$190m debt. The news follows PriceWaterhouseCoopers starting preparations to dispose of ARM’s stake in South Africa’s Mafikeng Cement for KES300m (US$2.974m) in early April. |
National Cement Co opens new 1Mta line in Libya18 February 2019, Published under Cement NewsAli Al-Issawi, Libyan Minister of Economy and Industry, and the board of directors of the National Company for Cement opened the 1Mta second production line at Zliten cement plant. Mr Al-Issawi said that the project marks the beginning of an industrial renaissance in the country and contribute to creating new employment opportunities for young people. "The new line will enable the National Cement Company to raise the total capacity of its production to more than four million tons annually,... |
No reprieve for National Cement Company14 December 2018, Published under Cement NewsHisham Tawfik, Egypt's Minister of Public Business Sector, confirmed that the state-run National Cement Company (NCC) of Egypt will be shut down. NCC had closed after the public business sector ministry confirmed the difficulty of reforming the company's financial condition as it required investments of EGP1.5bn (US$873.5m). The cement producer's workers have been compensated with 180 per cent of their legal rights, added Mr Tawfik. |
New Ugandan power supply will feed extra cement capacity21 August 2018, Published under Cement NewsAs new cement factories start-up in Tororo, power distributor Umeme is making investments in anticipation of the projected increase in power demand. The existing nearby substations of Tororo Rock, Nagongera and Mbale are currently unable to take on the expected load, hence the need for a new substation. Umeme, therefore, has spent up to UGX14bn (US$3.88m) setting up a new substation at Nyakesi, an investment that is tipped to boost industrialisation in the area through reliable power sup... |
Sit-in at Egypt's National Cement prompts Parliamentary investigation08 March 2018, Published under Cement NewsEgypt's National Cement Company is to be investigated after parliament decided it must resolve the dispute that has seen factory workers start a hunger strike and a sit-in, nearly a week ago, after 75 per cent of their wages were deducted. Work ground to a halt at National Cement company last November and MPs are demanding the real reasons for the government-affiliate's economic problems, when in 2017 it produced about 112 per cent of its set target (5500tpd), according to the development... |