Ohorongo Cement (Pty) Ltd | |
Foundation: | 2007 |
Location: | Windhoek, Namibia |
Key People: | Gerhard Hirth, Klaus Bauer, Peter Frank Koep |
Num Employees: | 300 (expected 2010/2011) |
Homepage: | www.ohorongo-cement.com |
Ohorongo Cement is a cement factory on farm Sargberg near Otavi in the Otjozondjupa Region of Namibia. It is one of two Namibian cement factories and has a production capacity of 0.7Mt per annum.[1]
The ground breaking ceremony for the construction of the plant was held in January 2009.[2] A roof wetting celebration took place in February 2010, when the preheater tower reached its final height of 109 meters.[3] Production started in December 2010.
Initially wholly owned by the Schwenk Zement KG,[4] Ohorongo states that ownership is to be transferred to Namibian institutions over time.[5] In 2019, Schwenk still owned 69.83%, with the Development Bank of Namibia the largest minority shareholder. After the 2018 production start of Cheetah Cement, a second, larger, cement factory nearby, Schwenk offered its shareholding for sale.[1] A 2019 acquisition offer by investment company West China Cement, however, was turned down by the Namibian Competition Commission because West China already owns Cheetah Cement.[6]