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.[2][3] National Cement is itself a subsidiary of the Devki Group of Companies.[4][5]
| Company type | Private |
|---|---|
| Industry | Manufacturer and distributor of cement |
| Founded | May 2018[1] |
| Headquarters | Tororo, Uganda |
Key people | Narendra Raval Managing Director[1] |
| Products | Cement |
Number of employees | ~ 400 (2018)[1] |
Location
editThe 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.[6] 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).[7]
Overview
editThe 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.[3] Commercial production started during the first half of 2018.[8] Installed capacity production is 3,000 metric tonnes daily, which translates to about 800,000 metric tonnes annually.[9]
Ownership
editSCUL is a wholly owned subsidiary of National Cement Company Limited (NCCL) based in Kenya.[3][10] The shareholding in National Cement Kenya, the parent of Simba Cement Uganda Limited, is as illustrated in the table below:[11]
| 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
editThe 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.[1]
See also
editReferences
edit- ^ a b c d 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.
- ^ a b c 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
edit- New cement factory opens in Tororo As of 26 July 2017. (Video).
- Uganda: Two New Cement Plants In Tororo By 2018