Cement News tagged under: Uganda
Simba Cement expands operations in Uganda03 September 2024, Published under Cement NewsSimba Cement is making significant strides in Uganda ’s construction industry by providing high-quality cement at competitive prices. With the expansion of the company’s operations, including the establishment of the largest clinker manufacturing plant in West Pokot, Kenya , the company is positioning itself as a major force in the country’s construction market. This new clinker plant will enhance the logistical efficiency and reduce costs of operating in the region, enabling Simba to offe... |
West International Holdings Ltd begins construction of Buikwe cement plant13 August 2024, Published under Cement NewsThe construction of a new UGX730m (US$196,180.8m) cement factory has begun on a 50-acre (20.2ha) plot in the Buikwe district of Uganda. Chinese-owned West International Holdings Ltd will invest UGX730m in Kavule Cell, Buzika ‘B’ Ward, Njeru Municipality, after a similar investment in the Karamoja sub-region, according to Group Director, Ambrose Byona, on 10 August. Mr Byona explained that the reason for establishing the unit in the Moroto District, which is expected to be commissioned ... |
Uganda approves mining licence for Karamoja cement plant26 February 2024, Published under Cement NewsThe Ugandan government has granted a 21-year large-scale mining licence to Sunbird Resources Ltd to build a cement plant in Moroto district, Karamojo region, northeastern Uganda. Sunbird will produce 6000tpd and 1Mta of cement at the plant. The licence will enable Sunbird Resources to mine 8000tpd of limestone in Rupa sub-county. Systematic exploration work had been carried out over six years, resulting in the discovery of over 67Mt of limestone that is suitable for cement production. Roya... |
Holcim exits Uganda and Tanzania15 November 2023, Published under Cement NewsHolcim has signed agreements to divest its businesses in Uganda and Tanzania. It has agreed to sell Hima Cement Ltd , its local subsidiary in Uganda, to the Sarrai Group, for an enterprise value of US$120m. Holcim has also agreed to sell its 65 per cent share in Mbeya Cement Co Ltd in Tanzania to Amsons Group for an undisclosed sum. Completion of both transactions is subject to obtaining the respective regulatory clearances. Martin Kriegner, regional head Asia, Middle East and A... |
Uganda’s upturn awaits25 July 2023, Published under Cement NewsDespite Uganda’s cement market remaining flat in FY21-22, expectations are for a revival in demand growth with the introduction of new infrastructure and housing plans. The country’s domestic industry remains reliant on the import of major input materials, including clinker, while the surplus cement situation looks set to continue. By Jagdeep Verma, Holtec Consulting Pvt Ltd, India. While Uganda’s economy contracted in FY19-20, the following two years saw a pick-up that is now leading... |
Bamburi Cement full-year profit rises03 May 2022, Published under Cement NewsBamburi Cement Group reported a pre-tax profit of KES2.2bn (US$19m) in 2021, representing a 22.3 per cent YoY increase from KES1.8bn in 2020. The advance comes on the back of improved volumes and prices coupled with cost management, and also reflects continued economic recovery from impact of the COVID-19 pandemic. Group turnover increased by 19 per cent from KES34.9bn to KES41.4bn, attributed to growth in retail and key account segment in both Kenya and Uganda. Operating Profit rose b... |
East African Cement Co looks to DR Congo for increased cement sales31 January 2022, Published under Cement NewsEast African Portland Cement Co (EAPCC) is looking to target cement sales in the Democratic Republic of Congo (DRC). “In the past 10 years, EAPCC has been missing from the infrastructural agenda due to competition among other challenges. Now we have come up with a five year strategic plan as we want to revamp our operations,” said Oliver M Kirubai, managing director at the EAPCC. “We are targeting the East African market, including the DRC. We are getting inquiries from Rwanda as well.” ... |
Hima Cement suspends operation after fire kills three17 January 2022, Published under Cement NewsOperations at the Hima Cement factory (Holcim group) in Kasese district in western Uganda have been suspended following a fire that broke out at the premises on Saturday afternoon and left three staff members dead. Eight others were rushed to hospital in critical condition. "Our operations at the Hima plant have been stopped as we take stock of this incident and to ensure that the fire is fully contained. The health and safety of our employees and all stakeholders remains our number one p... |
Ugandan exports to DR Congo up 30% in 2019-2001 February 2021, Published under Cement NewsExports of cement from Uganda to the Democratic Republic of Congo (DRC) have increased by 27,000t in the last two years, according to Israel Tinkasimire, Hima Cement’s commercial director. The increase represents a 30 per cent expansion and has created an alternative market for Ugandan cement companies since Rwanda considerably reduced its intake of Ugandan cement in February 2019, when Kigali closed the country’s borders. Cement exports in the FY19-20 declined to US$59.9m compared to US$6... |
Karamoja cement plant proposed by Ugandan presidential candidate17 December 2020, Published under Cement NewsThe Forum for Democratic Change government, in Uganda, will construct a cement factory in Karamoja Sub-region if elected into power, Mr Patrick Amuriat Oboi, the party’s presidential candidate, has said. Mr Amuriat, who is campaigning in the sub-region, said while Karamoja has a wealth of minerals, the current regime has deliberately refused to construct factories there and preferred to transport the raw minerals to other regions. "I will make sure my government constructs a lime... |