Friday, April 20, 2012
ETHIOPIA: East Cement, Ethiopia to Export to South Sudan
East Cement S.C, a Chinese established cement factory in Ethiopia, has begun exporting cement to South Sudan after receiving approval form the Ministry of Industry said Wu Cheng Bing, Executive Manager of the company.
The company has plans to export its products to regional countries with the aim to becoming a significant cement supplier on the continental market said Bing.
The company’s current export rates are not very significant because of its dependence on the availability of raw materials and consistent supply of power he said.The company’s production has been aversely affected by the power interruptions and East Cement would produce more if such interruptions ceased explained Bing.
The company has invested considerably to utilize the latest technology in the industry and employs horizontal production which is less damaging to the environment noted Bing.
The products of East Cement will be exported through its sole agent, Rosetta General Business plc, which is currently distributing its cement on the domestic market.
East Cement was given permission to export cement on the 4th of April via a letter signed by Mekonnen Manyazewal State Minister for Industry.
It is to be remembered that Messebo and Mugher cement factories launched cement exports regional in the last two months.
Messebo acquired the permit to export cement some months ago due to the fall in prices and the sudden drops in domestic demands for cement.
State operated Mugher Cement Factory which was unable to meet 43% of target sales in the past two quarters has also resorted to exports to Kenya, South Sudan and Djibouti according to sources.
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