Displaying items by tag: Kenya

Kenya: East African Portland Cement (EAPCC) has closed its Athi River plant for a US$3m upgrade to boost production capacity.

Oliver Kirubai, EAPCC's managing director, said "We are doing the second phase of our machines upgrade, which is basically targeting to increase our output. Our target is that by June 2026 we should be able to produce 1Mt/yr of cement." He added "Seven local contractors are spearheading the upgrade of this plant. They will work with us during the 25-day closure of this facility." The current production capacity of the plant is 310,000t/yr.

EAPCC recorded a loss of US$9.8m for the financial year ending June 2023, despite making a profit of US$4m in the previous year. This shift was due to increased costs elevating the firm's cost of sales to US$29.4m from US$29.9m, despite a 37% increase in revenues to US$21.9m from US$15.9 in the previous year.

Uganda: Kenya-based Bamburi Cement has completed its US$84m sale of its subsidiary Hima Cement to a consortium comprising Sarrai Group and Rwimi Holding. The transaction completed in early March 2024 following regulatory and shareholder approval, according to the Business Daily newspaper. Bamburi Cement’s intention to sell Hima Cement was first announced in November 2023. Holcim held a 70% share and Cementia Holding held a 30% share in Hima Cement. Both companies have sold their full stakes to the new owners.

Kenya: Mashujaa Cement plans to build a US$77.4m integrated cement plant at Chasimba, Kilifi South. The Standard newspaper has reported that environmental group Nature Kenya claims that Mashujaa Cement’s environmental and social impact assessment (ESIA) for the upcoming plant ‘lacked comprehensive assessments’ of its possible impacts. These include a possible threat to 31 critically endangered local plant species, including Kenya’s endemic African violets, growing on outcrops of the local Kambe Limestone Belt.

Nature Kenya said “The ESIA indicates scientific unfamiliarity as it contains carelessly worded generic statements such as ‘species will be relocated to Arabuko Sokoke forest’, ‘the site is devoid of any eco-sensitive area’ and ‘impact on biodiversity and wildlife is minimal’.”

Uganda: The Uganda Revenue Authority (URA) has augmented its operations on the country’s eastern border with Kenya to prevent the smuggling of cement. The Daily Monitor newspaper previously reported “cheap illegal cement” was being imported by both large and small-scale traders via multiple uncontrolled border points. Kenya and Uganda share land border over 800km in length

Ibrahim Bbosa, a spokesperson for the URA, said “While there is legal trade with significant amounts of Kenyan cement entering Uganda through official customs points, there has been a worrying increase in the smuggling of brands such as Simba and Bamburi.” He added that smugglers were often using bicycles and motorcycles to move cement across the border before consolidating the shipments by truck within the country for further distribution.

Kenya: Frontier Energy subsidiary Momnai Energy has begun building two solar power plants at sites belonging to Bamburi Cement. One 14.5MW plant will be situated at the producer’s 1.1Mt/yr Mombasa cement plant, while another 5MW plant will be situated at its Nairobi grinding plant. When commissioned, they will cover 30% of the producer’s energy consumption. Momnai Energy will finance, manage and maintain the solar power plants on the basis of a power purchase agreement (PPA) signed between the parties in 2021.

Bamburi Cement chief executive officer Mohit Kapoor said that the project ‘represents one of Kenya's most substantial commercial solar endeavours undertaken by a cement company, and a first for Holcim in Sub-Saharan Africa.’ He added that it will lead to cost savings, reduced vulnerability to load shedding and ‘substantial’ progress towards achieving net zero CO₂ emissions.

Kenya: East African Portland Cement Company (EAPCC) has announced plans to build a new clinker plant in Kajaido. The Nation newspaper has reported that it will cost US$200m to build. EAPCC plans to use local pozzolana, along with limestone and coral transported from Kenya’s Coast Province, in cement production at the plant. The producer says that it will clarify the timeframes of the project in 2024.

Kenya: Bamburi Cement reduced its Scope 1 CO₂ emissions by 3% year-on-year in 2022. Data from its Sustainability Report for 2022 shows that the subsidiary of Holcim also increased its alternative fuels substitution rate by 6%, according to the Standard newspaper. The company’s managing director Mohit Kapoor attributed the drop in emissions to the increased use of alternative fuels, using alternative raw materials to substitute for clinker, using renewable energy sources and optimisation of the cement manufacturing process. In line with Holcim Group the company has committed to becoming net zero by 2050.

Kenya: Peter Kahi of PKF Consulting has been appointed as the administrator of Savannah Cement. This follows the resignation of Harveen Gadhoke, according to the Business Daily newspaper. Gadhoke was appointed as the administrator of the company in November 2022 when Absa and KCB attempted to put it into administration due to combined debts of US$66m. Savannah Cement fought back legally against the attempt to manage it externally but a court rejected this in July 2023.

Zimbabwe: PPC Zimbabwe has appointed Albert Sigei as its managing director from the start of 2024. He succeeds Kelibone Masiyane in the post, according to the Chronicle newspaper. Masiyane was appointed as the managing director of the subsidiary of South-Africa based PPC in 2016, having joined the company in 1994 as a trainee electrical engineer at the Colleen Bawn Plant.

Sigei is currently PPC’s Head of Strategic Initiatives, a post he has held since February 2023. Before this he was the chief executive officer (CEO) of Cimerwa PPC in Rwanda from 2000. He worked for over 17 years for LafargeHolcim and its subsidiaries becoming the CEO of LafargeHolcim Malawi from 2016 to 2019 and the chief operations officer of the East African Portland Cement Company (EAPCC) in Kenya in 2015. Earlier in his career he worked for PriceWaterhousCoopers. A graduate in mechanical engineering from the University of Nairobi, Sigei holds a number of qualifications in accountancy and business.

Kenya: East African Portland Cement Company (EAPCC) plans to sell land in Machakos County close to its Athi River plant, KBC News has reported. During the sale, offers submitted by people currently residing on the land will have priority. Demolition of illegal homes on the land is currently underway.