Cement News tagged under: Uganda
Hima outlines sustainability initiatives, Uganda02 April 2014, Published under Cement NewsUgandan producer Hima Cement has outlined ambitious sustainability plans focussed on five main pillars. The company, owned by Kenya’s Bamburi Cement and part of the Lafarge Group, said the plan will be a key focus this year. Projects will be aimed at improving the areas of operational cost management, environmental conservation, job creation, health and safety and community development. Hima Cement's general manager, Daniel Pettersson, told AllAfrica.com that as global market demands chan... |
Bamburi: operating profit plunges 24% YoY, Kenya07 March 2014, Published under Cement NewsBamburi Cement’s 2013 turnover declined by 3.6 per cent to KES33.9bn while operating profit fell 24 per cent amid an increasingly competitive market. Commenting on the company’s results, managing director Hussein Mansi, said: “In the first half of 2013, we experienced a drop in the company’s performance mainly attributable to competitive pressure in Uganda and we also saw a significant reduction of exports out of Uganda to the inland Africa markets due to political tensions, which impacte... |
Uganda building materials prices decline27 November 2013, Published under Cement NewsUganda has seen a decline in building materials prices, including cement, due to a slowdown in construction activity as well as increased competition. The latest Uganda Bureau of Statistics Construction Sector Indices indicate that prices for cement, lime, diesel, iron sheets and other metal products dropped in the third quarter to September 2013 due to a contraction in demand and high competition between local imported products. A bag of cement now costs UGX26,000 (US$10.28) , down from... |
Kenya’s cement consumption leaps further ahead of production19 August 2013, Published under Cement NewsKenya’s cement industry, the largest in East Africa, will benefit from increased government spending on infrastructure projects and investors should buy shares on price dips, according to Kestrel Capital East Africa Ltd. “Increasing government capital expenditure in power and transport infrastructure projects will aid cement consumption growth,” the Nairobi-based brokerage said. Domestic consumption is growing at a faster rate than production, and Kenya’s market is expected to consume 81 p... |
Bamburi confident on second-half turnaround08 August 2013, Published under Cement NewsKenya's Bamburi Cement reported a 12 per cent decline in pretax profit for the first six months of 2013 but is confident of a second-half turnaround in two of its core East African markets. In the six months to the end of June 2013, the Lafarge Group company posted a pretax profit of KES3.270m (US$37.46m) as turnover fell 18 per cent YoY to KES15.8bn. These results came against a backdrop of uncertainty over an election in its domestic market of Kenya and a slowdown in export markets. H... |
Hima Cement completes installation of new bag filter, Uganda11 July 2013, Published under Cement NewsHima Cement Ltd, part of the Lafarge group, has completed the installation of new bag filter technology at its Kasese plant in Uganda to bring stack emissions in line with global environmental standards. "We invested significant resources to conduct environmental impact assessments to ensure that the plant operations met all the required environmental standards for its manufacturing processes and operations," Peter Robson, Hima Cement's Plant Manager told AllAfrica News. Hima installed a ... |
Uganda: MPs set to start debate on Dura cement report11 February 2013, Published under Cement NewsMPs have begun to debate on a highly-billed report about the cancellation of a mining lease that cost taxpayers UGX43.5bn (US$16.4m). The report, which was tabled by the Public Accounts Committee vice chairperson Maxwell Akora, implicates senior government officials, including the president. Central in the report is the decision by the government in 2007 to cancel a mining lease that had been awarded to Dura Cement Ltd. According to the report, President Museveni ordered the terminatio... |
Uganda: new plant to lower cement prices06 December 2012, Published under Cement NewsKuwaiti-based, Dao Group plans to put up a third cement factory in Uganda to compete with Hima Cement in Kasese district and Tororo Cement in Tororo district. The company has branches in Iraq, Pakistan and the Middle East, mainly dealing in oil and gas, power generation and transmission as well as construction. The entry of a third player will come at a time when a 50kg bag of cement costs UGX32,000 (US$11.87), up from UGX27,000 (US$10) two years ago. Mohammad Aoun, the CEO of Dao Africa ... |
New Uganda cement plant construction launched28 November 2012, Published under Cement NewsThe DAO Group has launched construction of Uganda’s third cement factory in the Baduka district in the east of the country with a groundbreaking ceremony in the presence of President Yoweri Museveni. The plant will have an initial capacity of with a 750tpd plant which will increase to 2500tpd in the medium-term and 5000tpd in the long-term, according to reports by Business Week. The other two cement companies operating in the East African country are Tororo Cement and Hima Cement. The ... |
Kuwait investors to build cement plant in Budaka, Uganda21 November 2012, Published under Cement NewsPresident Museveni broke ground for the construction of a cement plant in Daka village, Budaka District, Uganda. The new 5000tpd factory will be constructed by the Dao Group of Kuwait and is expected to be twice the size of the Hima Cement Factory in Kasese. Presently, Uganda counts two cement plants, operated by Tororo Cement and Lafarge-owned Hima Cement, resulting in a national installed capacity of 1.9Mta. |