Tanzania EAM Mamba and Sungura are planning to invest in the cement industry. Industry Trade and Investment Minister Charles Mwijage said that the companies have all requested to enter the industry at the Dar es Salaam International Trade Fair according to the Tanzanian Daily News. EAM wants to build a 3Mtyr plant in the Tanga region on condition that the government lets it export cement internationally. It has also requested other conditions that are in discussion with the government. Mamba and Sungura are also in discussion with the government regarding their projects.Get A Quote
Tanzania EAM Mamba and Sungura are planning to invest in the cement industry. Industry Trade and Investment Minister Charles Mwijage said that the companies have all requested to enter the industry at the Dar es Salaam International Trade Fair according to the Tanzanian Daily News. EAM wants to build a 3Mtyr plant in the Tanga region on condition that the government lets it export cement internationally. It has also requested other conditions that are in discussion with the government. Mamba and Sungura are also in discussion with the government regarding their projects.
South Africa Costs relating to Sephaku Holdings new cement business Sephaku Cement dragged the group to a loss in the year that ended in March 2014 though management has said that indications are positive for its cement venture.
Sephaku Holdings has a 36 share of Sephaku Cement which in January 2014 completed the construction of two plants in North West Province and Mpumalanga. Nigerias Dangote Cement is the majority shareholder in Sephaku Cement. Sephaku Holdings reported a post-tax loss of US260300 in the period under review largely due to a loss from Sephaku Cement of US1.37m.
Sephaku Holdings latest results include little revenue from the cement business as one of the plants began producing only in January 2014 and the other is due to begin production in July 2014. The South African cement market is currently oversupplied and is likely to remain that way for some time but Sephaku and another newcomer Mamba Cement are banking on healthy demand growth and cost-efficiency advantages from their modern plants. Mamba has a plant under construction near Northam in Limpopo.
South Africa Investors have confirmed that construction has started on a new 1Mtyr cement plant by Mamba Cement in Northam Limpopo. Nedbank Capital and the Bank of China Johannesburg are providing US107m of debt capital to fund Mamba according to Business Day. Equity was provided by majority shareholder Jidong Development Group the China-Africa Development Fund and by Women Investment Portfolio Holdings.
Our Cement. In the cement industry MAMBA CEMENT COMPANY LIMITED MCCL is an ambitious venture between Motisun Group and other partners. The cement plant shall have a capacity of 1 million tonnes of clinker suitable to produce both Ordinary Portland Cement and Portland Limestone Cement.
We obviously had a very hard look at the South African cement market. This plant is very close to Johannesburg a primary market so the transport costs and the actual cost point at which it can compete is going to be very attractive said Peo. He added that the outlook for cement demand was extremely good driven by governments infrastructure plans and the provision of housing.
A R1.8 billion greenfields pure cement plant with a capacity of more than 1 million tons a year is to be built at an established limestone deposit near Northam in Limpopo. It will be well placed to serve the major cement demand centres of Johannesburg Pretoria Rustenburg and Brits.
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Mamba Cement plant will have a capacity of more than one million tonnes a year. Image source Chris RubberDragonFlickr
The US220mn Mamba Cement plant will have a capacity of more than one million tonnes a year and will be built at an established limestone deposit near Northam in Limpopo the company said.
It will be jointly funded by Chinas Jidong Development Group the China-Africa Development Fund and a South African cement company.
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The majority shareholders in Mamba Cement are Jidong Development Group and the China-Africa Development Fund CAD Fund with a 51 per cent shareholding in the project.
It reported a decrease in cement deliveries at its North American plants of 4.9 to 7.1Mt. Both Buzzi Unicem and CRH reported cement sales growth of 4 5 with CRH noting that strong volume trends in West supported by growth in our downstream businesses drove performance. Perusing the industry news reveals a slew of environmental .
Funding for Mambas ongoing operations and the mining of limestone was provided by China building materials enterprise Jidong Development Group the China-Africa Development Fund and investment group Women Investment Portfolio Holdings. Mamba Cement will manufacture high-quality pure cement with the capacity to produce cost-effective products.
Mamba Cement provides cement bulk buyers and technical users. Its products include bagged and bulk cement. The company is headquartered in Houghton South Africa.
Koedoeskop is a small town near Thambazimbi in the Limpopo Province it is also a remote bushveld environment with a rich mining history.Despite being located in the bushveld our client Mamba Cement was the first cement company in Africa to possess a waste heat recovery system - indeed an innovative way of reducing carbon footprint.
In the cement industry MAMBA CEMENT COMPANY LIMITED MCCL is an ambitious venture between Motisun Group and other partners.The cement plant shall have a capacity of 1 million tonnes of clinker suitable to produce both Ordinary Portland Cement and Portland Limestone Cement. The cement plant is proposed to be located at Tarawanda village in Bagamoyo district approximately 110 km from Dar-Es-Salaam city Tanzania.
The group has acquired about 7000 acres of land with high grade limestone deposits exceeding 175 million tonnes suitable for manufacturing quality cement to satisfy the growing construction needs of Tanzania and its neighbouring countries.
The plant is being designed to achieve low production costs by virtue of maximum capacity utilization. The plant will have the latest equipment and advanced automation for minimum down time with optimum energy consumption.
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