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athi river mining says new clinker plant to boost profit margins

Athi River Miningshrugs off pricing pressuretocement itsnew-found position in the market ... tonnes with the establishment of the grindingplantinAthi River, this is the first time the firm ...

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  • Athi River Mining says new clinker plant to boost profit

    Athi River Mining says new clinker plant to boost profit

    Athi River Mining(ARM)Cementexpects profitability to improve now that it produces its ownclinkerfor its EastAfrican cement plants, the firm’s managing director hassaid.

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  • Athi River Mining says new clinker plant to boost profit

    Athi River Mining says new clinker plant to boost profit

    Athi River Mining(ARM)Cementexpects profitability to improve now that it produces its ownclinkerfor its EastAfrican cement plants, the firm’s managing director hassaid.

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  • Athi River Mining says new clinker plant to boost profit

    Athi River Mining says new clinker plant to boost profit

    Athi River Mining(ARM) Cement expects profitability to improve now that it produces its ownclinkerfor its EastAfrican cement plants, the firm’s managing director has said Athi River Mining says new clinker plant to boost profit margins

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  • Abacus Wealth Management

    Abacus Wealth Management

    Athi River Mining says new clinker plant to boost profit margins Athi River Mining(ARM) Cement expects profitability to improve now that it produces its ownclinkerfor its EastAfrican cement plants, the firm’s managing director hassaid.ARM Cement, East Africa’s second biggest producer…

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  • ARM Cement looks to brighter future Aggregates Business

    ARM Cement looks to brighter future Aggregates Business

    Jan 02, 2020·Athi River Mining(ARM) CementplantinAthi River, Nairobi. ... “The dip in coal supply coupled with depressed cement prices in the country ate into the already lowprofit marginsfor ARM, leading to a negative earnings before interest, taxes, depreciation, and amortisation (EBITDA) in Tanzania,” said Apex Africa Capital. ... The inability ...

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  • End of the Road for ARM as New Owner Takes Over Operations

    End of the Road for ARM as New Owner Takes Over Operations

    Oct 15, 2019· He was speaking employees of the former ARM Cement (under administration) on MOnday 14th October at theAthi River Plantwhen ARM Cement administrators PriceWaterhouseCoopers (PwC) handed over the operations of ARM to National Cement. ARM operations in Kenya includeclinkerand cement grinding plants in Kaloleni andAthi River.

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  • Savannah Cement starts production Business Daily

    Savannah Cement starts production Business Daily

    Aug 28, 2012· Kenya’s sixth cement maker, Savannah Cement, has begun production at itsAthi RiverEPZ-basedplantahead of official commissioning by President Kibaki before year-end.

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  • ARM issues US$70mn bond to repay loans

    ARM issues US$70mn bond to repay loans

    Aug 14, 2015· Kenyan cement makerAthi River Mining(ARM) has announced it is to issue a corporate bond to repay its debts Cement awaits transportation outside a distributor. (Image source: Mwangi Mumero) The US$70mn five-year bond will be used to repay short-term loans taken out during the construction of itsnew clinker plantin Tanga, Tanzania.

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  • ARM Cement Cement industry news from Global Cement

    ARM Cement Cement industry news from Global Cement

    The company expects earnings to grow further in the second half of 2014, mainly due toimproving marginsdriven by investments in itsplantsin Tanzania and Kenya. ARM has invested a total of US$171m in aclinker plantin Tanga, Tanzania and acement plantin Dar es Salaam, also in Tanzania. Theplantshave a combined capacity of 1.8Mt/yr.

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  • Cement Moment CDC Buys into ARM

    Cement Moment CDC Buys into ARM

    Apr 30, 2016· Savannah Cement completed a majorplantupgradeto boostthe firm’s production and efficiency. Related This entry was posted inAthi River Mining, Bamburi , CDC , Dangote , EAPC , Forex , IMBank , NSE investor awareness and tagged Buyouts , Cement on April 30, 2016 by bankelele .

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  • Dilemma for EA cement firms production set to pass

    Dilemma for EA cement firms production set to pass

    Oct 26, 2013· In Tanzania, two firms — Dangote Cement and Kenya’sAthi River Mining— are expected to double the country’s capacity by the end of next year through production at theirnewplants. Cimerwa, Rwanda’s largest cement manufacturer, is growing its production capacity six fold, from the current 100,000 tonnes to 600,000 tonnes.

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  • ARM Cement Cement industry news from Global Cement

    ARM Cement Cement industry news from Global Cement

    Kenya: ARM Cement (formerly known asAthi River MiningLtd) has posted a netprofitof US$9.71m for the first nine months of 2012. This marks a 328% growth inprofitcompared to same period in 2011 when it made US$2.26m. ARM's turnover has climbed by 29% to US$90.7m, driven primarily by higher sales of its Rhino Cement brand.

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  • EAPC Bankelele

    EAPC Bankelele

    Media reportssaythere’s a grindingplantin Kenya with others planned. Savannah Cement completed a majorplantupgradeto boostthe firm’s production and efficiency. This entry was posted inAthi River Mining, Bamburi , CDC , Dangote , EAPC , Forex , IMBank , NSE investor awareness and tagged Buyouts , Cement on April 30, 2016 bybankelele.

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  • Kenya Cement Industry Shares Gets

    Kenya Cement Industry Shares Gets

    If the capacity of Bamburi'sclinker plantis expanded, its cement grinding capacity utilization will grow considerably, and this willboostsales. Hesaysthat the company is now targeting the ...

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  • Kenya Cement Firms Gear Up for Battle As Import Dutyis

    Kenya Cement Firms Gear Up for Battle As Import Dutyis

    TheAthi Riverbased company currently has an output of 700,000 tonnes but anewproduction line at its factory, that is set to be commissioned by January 2009, will push capacity to 1.2 million ...

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  • Cement Moment CDC Buys into ARM

    Cement Moment CDC Buys into ARM

    Apr 30, 2016· Savannah Cement completed a majorplantupgradeto boostthe firm’s production and efficiency. Related This entry was posted inAthi River Mining, Bamburi , CDC , Dangote , EAPC , Forex , IMBank , NSE investor awareness and tagged Buyouts , Cement on April 30, 2016 by bankelele .

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  • Kenya Cementindustry news from GlobalCement

    Kenya Cementindustry news from GlobalCement

    Kenya: ARMCementis set to buildKenya's largestcement plantin Kitui County, setting it up for a fight with Nigeria's DangoteCement, which also has plans to open a U$400mplantin the same region. ARMsaysthat it will raise up to US$300m to fundnewplants including the planned unit in Kitui, which will produce 8000t/day (~2.5Mt/yr) ofcement.

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  • Bankelele Athi River Mining Board evicts Bamburi Cement

    Bankelele Athi River Mining Board evicts Bamburi Cement

    Jun 12, 2009· Excerpts from the 2009Athi River Miningannual general meeting (AGM)Athi River Mining, Kenya’s 3rd largest cement company held its annual general meeting (AGM) on June 11 2009 at the Grand Laico Regency Hotel. It was mainly presided over by the Chairman Mr. Palle Rune and Managing Director Pradeep Paunrana.

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  • TRADELAND NEWS 3 25 12 4 1 12

    TRADELAND NEWS 3 25 12 4 1 12

    Mar 26, 2012· Preparations for the opening of the long awaited Rhino cement factory which is owned byAthi River Mining(ARM) is in final stages, the management has confirmed. According to the management, the Tanzania operations are in full swing and the firm is still looking to fill only a few positions with the relevant skills.

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  • TRADELAND NEWS 11 7 10 11 14 10

    TRADELAND NEWS 11 7 10 11 14 10

    Nov 12, 2010· Athi River Mining (ARM.NR), Kenya's third-largest cement company, said the market remained buoyant when reporting a 12.6 percent rise in nine-month pretax profit. "Going forward, the company expects margins to improve in the cement business with the increase in …

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  • CemNet.com Items tagged under Kenya

    CemNet.com Items tagged under Kenya

    Kenya-based firm,Athi River Mining, posted a 23 per cent rise in 2011 pretaxprofitto KES1.36bn (US$16.4m), the company said while netprofitcame in at K...Athi Riverpretaxprofitrises, KenyaAthi River Mininghas appealed to the National Environment Management Authority (Nema) to re-open its factory at Kaloleni in Kilifi County, saying ...

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  • Dangote Cement penetrates giant Kenyan Cement Market

    Dangote Cement penetrates giant Kenyan Cement Market

    Dec 04, 2016· The project will include installation of equipment as well asmining, quarry and power facilities.Athi River Mining(ARM) Cement also plans to invest in Kitui. ARM will invest up to $300 million (Sh25.5 billion) to fundnewplants including the planned unit in …

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  • Welcome to RICH.CO.KE Satchu'sWrapup

    Welcome to RICH.CO.KE Satchu'sWrapup

    its stake in smaller rivalAthi River MiningLtd., Stull added. The proceeds will help fund local expansion plans such as upgrading the company’s Mombasa port, the main hub for itsclinkerimports, at a cost of 15 million euros over two years, he said.Clinkeris an intermediate substance in the manufacturing of cement.Bamburi has sold

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  • Year when Kenya banned plastic bags andCEOs who made news

    Year when Kenya banned plastic bags andCEOs who made news

    Dec 24, 2017· To know that his company is now headed by long-serving chairman Rick Ashley and not his billionaire son Pradeep Paunrana, or that the value of Paunrana family’s wealth in cement makerAthi River Mining(ARM) had dropped by Sh17.8 billion in three years would be disturbing.

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  • Dangote Cement penetrates giant Kenyan Cement Market

    Dangote Cement penetrates giant Kenyan Cement Market

    Dec 05, 2016· The project will include installation of equipment as well asmining, quarry and power facilities.Athi River Mining(ARM) Cement also plans to invest in Kitui. ARM will invest up to $300 million (Sh25.5 billion) to fundnewplants including the planned unit in …

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  • Topcorporate bosses are not breathingeasy as they face

    Topcorporate bosses are not breathingeasy as they face

    Loss-makingAthi River Mining(ARM) Ltd said its losses for the full year 2017 would grow further on the back of a tough business environment across East Africa, a turn of events that places Pradeep Paunrana, its chief executive officer on the spot. In 2016, the firm made a Sh2.8 billion loss, a similar amount it had made the previous year.

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  • ARMannual reportlow res 3

    ARMannual reportlow res 3

    building anew clinkerbased cementplant. In April of 2014, we finally acquired 100% equity stake and full control of our Rwanda grindingplant, and are now planning to increase capacity and market share through our Rhino Cement brand. We have now introduced bulk delivery of cement for the large contractors and ready mix concrete producers in

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  • Welcome to RICH.CO.KE Satchu's Wrapup

    Welcome to RICH.CO.KE Satchu's Wrapup

    www.rich.co.ke Register and its all Free. If you are tracking the NSE Do it via RICHLIVE and use Mozilla Firefox as your Browser. 0930-1500 KENYA TIME

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  • CemNet.com Items tagged undernewproject

    CemNet.com Items tagged undernewproject

    Kenya-based firm,Athi River Mining, posted a 23 per cent rise in 2011 pretaxprofitto KES1.36bn (US$16.4m), the company said while netprofitcame in at K...Athi Riverpretaxprofitrises, Kenya Lafarge WAPCO’s netprofitrose 74 per cent YoY to NGN8.51bn (US$397m) in the 12 months to December from NGN4.88bn a year earlier.

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  • Rants, Raves Reviews 2011 coldtusker

    Rants, Raves Reviews 2011 coldtusker

    Blog Archive 2015 (5) 2015 (5) July (1) April (2) January (2) 2014 (1) June (1) 2013 (12) 2013 (12)

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  • SooMaale Africa and East Africa News Update SooMaale Limited

    SooMaale Africa and East Africa News Update SooMaale Limited

    Improved sales raiseAthi River Mining profitBusiness Daily Africa One of Bamburi's shareholders, NSSF, with a dimmer outlook on the industry, even cut back its interest in the firm in a business environment that has also seen East AfricaPortland Cement Company's (EAPCC) before-taxprofitdrop 41 …

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