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Bamburi Cement was founded in 1951 by Felix Mandl [4] as a partnership between Cementia Holding and Blue Circle in British Kenya. production from its Mombasa plant in 1954. In 1998, Bamburi opened a clinker grinding plant in [ 2 ]
In July 2024, Amsons Group made an offer of TSh475 billion (US$180 million) to acquire all the shareholding in Bamburi Cement in neighboring Kenya. The transaction is gubject to regulatory approval in Kenya.
Marketshare Rankings of Kenya's Cement Companies Rank Company Market share 1: Bamburi Cement Limited: 32.6 2: Mombasa Cement Ltd (MCL) 15.8 3: East Africa Portland Cement Company: 15.1 4: Savannah Cement Limited: 15.0 5: ARM Cement Limited: 13.5 6: National Cement Company Limited: 08.0 Total: 100.00
Mombasa Cement Limited is a large cement manufacturer in Eastern Africa.As of March 2016, MCL was the second-largest producer of cement in Kenya, with a 15.8 percent market share, behind market leader Bamburi Cement with a 32.6 percent market share, but ahead of third-placed East African Portland Cement Company, with 15.1 percent market share.
Ethiopia has 20 cement factories which produce mainly OPC and PPC cement. Two other cement factories are in the pipeline. As of 2017, production capacity in Ethiopian, according to the Ethiopian Reporter, [12] has increased to 15 million tonnes per year, but local consumption is only 6 million tonnes per year.
Mavoko Constituency is a constituency in Kenya.It is one of eight constituencies in Machakos County., [1] [2] formerly part of Kathiani constituency upto 2013. Mavoko is the most industrialized constituency in Kenya, hosting six cement companies (Savannah Cement, Portland Cement, Bamburi Cement, Mombasa Cement, Simba Cement, and Athi River Mining) and the whole of EPZ with over 30 industries.
Cementia Holdings, Associated International Cement and Bamburi Cement are all direct or indirect subsidiaries of Lafarge SA. Giving Lafarge 41.7% of EAPCC. While the Government of Kenya claims to controls NSSF's stake, giving the Government 52.3% control of the firm. [10] This ownership structure has led to boardroom wars on who controls the ...
In February 2007 NSE upgraded its website, in part to boost data vending business. In July 2007 NSE reviewed the Index and announced the companies that would constitute the NSE Share Index. The review of the NSE 20‐share index was aimed at ensuring it is a true barometer of the market.