| Company type | Private |
|---|---|
| Industry | Manufacturer and distributor of cement |
| Founded | May 2018; 6 years ago (2018-05) |
| Headquarters | Tororo, Uganda |
| Key people | Narendra Raval Managing Director |
| Products | Cement |
| Number of employees | ~ 400 (2018) |
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. National Cement is itself a subsidiary of the Devki Group of Companies.
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 9 kilometres (6 mi), by road north of the central business district of the town of Tororo. 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. Commercial production started during the first half of 2018. Installed capacity production is 3,000 metric tonnes daily, which translates to about 800,000 metric tonnes annually.
Ownership
SCUL is a wholly owned subsidiary of National Cement Company Limited (NCCL) based in Kenya. The shareholding in National Cement Kenya, the parent of Simba Cement Uganda Limited, is as illustrated in the table below:
| 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 |
| Total | 100.0 |
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.
See also
References
- ^ Kampala Post Reporter (29 August 2018). "Museveni Calls for Exploitation of Natural Resources as He Commissions New Cement Factory". Kampala, Uganda: Kampala Post. Retrieved 30 August 2018.
- Mark Keith Muhumuza (20 January 2017). "Cement companies rush to set up new plants in Tororo". Daily Monitor. Kampala. Retrieved 20 March 2018.
- ^ Mutegi, Mugambi (13 April 2015). "National Cement to build Sh18.5bn plant in Uganda". Business Daily Africa. Nairobi. Retrieved 20 March 2018.
- Nsehe, Mfonobong (20 November 2017). "Kenyan Steel Tycoon Narendra Raval To Invest $200 Million In Cement Plant". Forbes.com. Retrieved 20 March 2018.
- Oyagbile, Peter (13 April 2015). "Kenyan National Cement To Develop New $200 Million Plant In Uganda As Regional Competition Heats Up". Venturesafrica.com. Retrieved 20 March 2018.
- Globefeed.com (20 March 2018). "Distance between Tororo Post Office, Malakisi Road, Tororo, Uganda and Mukuju Church of Uganda, Uganda". Globefeed.com. Retrieved 20 March 2018.
- "Location of the Headquarters of Simba Cement Uganda" (Map). Google Maps. Retrieved 20 March 2018.
- Ochieng, David (15 April 2018). ""Cement prices to drop to Shs 20,000 per bag" assures new cement firm". Kampala: Nile Post Uganda. Retrieved 23 May 2018.
- ICR Newsroom (8 May 2018). "New plants boost Uganda cement industry". Cement.com. Retrieved 30 August 2018.
{{cite web}}:|author=has generic name (help) - Khisa, Isaac (8 January 2018). "Uganda's cement industry faces glut". The Independent (Uganda). Kampala. Retrieved 20 March 2017.
- Juma, Victor (4 April 2018). "IFC Commits KSh9.7 Billion In National Cement Expansion". Daily Nation. Nairobi. Retrieved 30 August 2018.
External links
- New cement factory opens in Tororo As of 26 July 2017. (Video).
- Uganda: Two New Cement Plants In Tororo By 2018
00°44′05″N 34°11′02″E / 0.73472°N 34.18389°E / 0.73472; 34.18389
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