Monday, October 13, 2014

KENYA: Cement maker lines up new investments

Savannah Cement, one of the country’s newest market entrants, is set to build two new plants as it nears exhaustion of its current capacity, managing director Ronald Ndegwa said.

He said the cement maker will invest between $250 million (Sh22.31 billion) and $350 billion (Sh31.23 billion) for a clinker plant and a second mill to support its existing operations.

“We see ourselves running out of headroom in two to three years at our current mill, hence the new investment. The clinkerisation plant will help use local limestone to make our clinker,” he said in an interview.

Ndegwa said its facilities are emission-free and dust-free, with a small carbon footprint.

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