Simba Cement Uganda Limited Explained

Simba Cement Uganda Limited
Type:Private
Location:Tororo, Uganda
Num Employees:~ 400 (2018)
Industry:Manufacturer and distributor of cement
Products:Cement

Simba Cement Uganda Limited (SCUL), also National Cement Company Uganda, is a cement manufacturer in Uganda. It is a subsidiary of National Cement Company Limited, the construction materials manufacturer based in Kenya.[1] [2] National Cement is itself a subsidiary of the Devki Group of Companies.[3] [4]

Location

The factories and main offices of SCUL are located off of the Tororo–Mbale Road, in Nyakesi Village, Nyakesi Parish, Rubongi sub-county, in Tororo District, approximately 9km (06miles), by road north of the central business district of the town of Tororo.[5] The coordinates of the Simba Cement Uganda Limited Complex are: 0°44'05.0"N, 34°11'02.0"E (Latitude:0.734709; Longitude:34.183878).

Overview

The new cement factory has an installed production capacity of one million metric tonnes annually. It was developed at an estimated cost of US$185 million. Other credible sources have estimated cost at US$199 million.[2] Commercial production started during the first half of 2018.[6] Installed capacity production is 3,000 metric tonnes daily, which translates to about 800,000 metric tonnes annually.[7]

Ownership

SCUL is a wholly owned subsidiary of National Cement Company Limited (NCCL) based in Kenya.[2] [8] The shareholding in National Cement Kenya, the parent of Simba Cement Uganda Limited, is as illustrated in the table below:[9]

National Cement Stock Ownership! Rank !!Name of Owner!!Percentage Ownership
1 Devki Group owned by Narendra Raval and Family 85.0
2 International Finance Corporation (IFC) 7.5
3 IFC Subsidiary Company 7.5
Total100.0

Construction

The main contractor was Mepani Technical Services Limited. The construction of the factory (excluding equipment and systems), cost an estimated US$55 million, and took two and one half years. Official commissioning took place on 29 August 2018.[10]

See also

External links

0.7347°N 34.1839°W

Notes and References

  1. Web site: . Cement companies rush to set up new plants in Tororo . 20 January 2017 . 20 March 2018 . Mark Keith Muhumuza . Kampala.
  2. Web site: National Cement to build Sh18.5bn plant in Uganda . . 13 April 2015 . 20 March 2018 . Mutegi . Mugambi . Nairobi.
  3. Web site: . Kenyan Steel Tycoon Narendra Raval To Invest $200 Million In Cement Plant . 20 March 2018 . 20 November 2017 . Nsehe . Mfonobong.
  4. Web site: 20 March 2018 . Kenyan National Cement To Develop New $200 Million Plant In Uganda As Regional Competition Heats Up . 13 April 2015 . Peter . Oyagbile . Venturesafrica.com.
  5. Web site: 20 March 2018 . 20 March 2018 . Globefeed.com . Globefeed.com . Distance between Tororo Post Office, Malakisi Road, Tororo, Uganda and Mukuju Church of Uganda, Uganda.
  6. Web site: "Cement prices to drop to Shs 20,000 per bag" assures new cement firm . 23 May 2018 . 15 April 2018 . Ochieng . David . Nile Post Uganda . Kampala.
  7. Web site: New plants boost Uganda cement industry . 30 August 2018 . Cement.com . ICR Newsroom . 8 May 2018.
  8. Web site: Isaac . Khisa . Kampala . 8 January 2018 . Uganda's cement industry faces glut . 20 March 2017 . The Independent (Uganda).
  9. Web site: 4 April 2018 . IFC Commits KSh9.7 Billion In National Cement Expansion . 30 August 2018 . . Juma . Victor . Nairobi.
  10. Web site: 30 August 2018 . Museveni Calls for Exploitation of Natural Resources as He Commissions New Cement Factory . 29 August 2018 . Kampala Post . Kampala Post Reporter . Kampala, Uganda.