Kenyan cement producer, Savannah has taken its expansion strategy in line with its ongoing growth plans a step further.
“Savannah Cement’s overall corporate development is anchored on a regional market coverage strategy and we are glad that we have made good inroads in the respective East African markets. With our current installed production capacity of about 1.5 million Metric tonnes, we are well placed to meet regional demand,” Ronald Ndegwa the firm’s MD said.
Meanwhile, the cement maker is to begin operations in Rwanda in 2015, once it receives approval from Rwandan Authorities. The firm – with operations in Uganda, South Sudan and Tanzania – will compete with Rwandan local producer, Cimerwa and Ugandan-based Hima Cement.
To meet growing market demand for its products, Savannah Cement announced plans in April this year to build a clinker production plant to enable the firm tap into the boom in the real estate and infrastructure sectors of economies.
Already, Savannah Cement has invested more than 100 million US dollar to develop one of the most advanced and eco-friendly cement manufacturing plants in sub-Sahara Africa. The firm’s plant in the outskirts of Nairobi has the capacity to produce 1.5 million metric tonnes of cement annually.
By: Elayne Wangalwa
http://www.cnbcafrica.com/news/east-africa/2014/10/21/kenya-savannah-cement/
