Hilton Nairobi
"Moving cement into fast-developing sub-Sahara Africa
- challenges & opportunities"
All over the World, all eyes are drawn to Africa's cement market which is grabbing headlines...
The 3rd Africa Cementrade Summit returns by popular demand to discuss strategic business issues in the African cement industry, as well as provide key insights on the market dynamics shaping local and global operations & impact on bottom lines.
A well-recognized platform designed by, and for, professionals in the global cement industry, this must-attend event provides the sought-after answers for the critical issues faced in the industry.
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Moving cement into fast-developing Sub-Sahara Africa - challenges & opportunities
"Jidong Development Group Co Ltd has received approval from the National Development and Reform Commission to build a cement plant in South Africa. Jidong Development Group will team up with China-Africa Development Fund and two South African firms to kick off construction on the plant by the end of this year and the plant will be put into operation in 2012 with an annual output capacity of 25 million tons of cement clinker." 15/10/10, China Knowledge
"New Cement Makers Shake Up Building Industry. The year ahead looks tough with competitors focusing on price and value-addition. The new entrants include Mombasa Cement, and soon Cemtech Sanghi, who are challenging the dominance of players - Bamburi Cement, East African Portland Cement Company, Athi River Mining" 20/11/10, www.allafrica.com
"Dangote to invest $400 mln in Zambia cement plant" 10/12/10, www.af.reuters.com
The cement industry in Africa is riding on a new surge of demand, following resumption of construction and infrastructure projects. Foreign investors are eyeing the lucrative sector, while local producers are ramping up capacities in a head-to-head competition for market dominance.
With the slew of cement investment and expansions expected in the next few years, how will it change the market dynamics in cement trade? What are the strategies companies can adopt to stay on top of the competition?
CMT's 3rd Africa CemenTrade Summit brings together leading panel of experts having investment and experience in the African continent to share first hand insight.
Why attend?
Don't delay! Sign up with your team today to enjoy group discount contact Grace at grace@cmtsp.com.sg for more information.
Earlier last month, local cement producers in Tanzania were challenged by the country’s president, Jakaya Kikwete, to continue expanding their production facilities. The president also hopes for cement manufacturers to reduce operation costs through increased efficiency, hence being able to reduce product prices and encourage demand.
Tanzania still maintains its position as the cheapest cement producer in East Africa, and is ranked third in Africa. According to a World Cement article, there are “at least four investors planning to establish cement production facilities” and are at different stages of implementation.
Further updates on the region’s cement industry will be revealed when international experts convene at the 3rd Africa Cementrade (Nairobi, 8-9 March 2011) to share first-hand perspectives on the East African cement market outlook, industry developments, project updates and more.
To register for the conference, click here or send an email to Grace Oh at grace@cmtsp.com.sg.
24 Feb, 2011
3rd Africa Cementrade looks forward to welcoming senior executives from the global cement industry in Nairobi, Kenya on 8-9 March 2011. The event will provide top cement professionals’ perspective into core industry issues including:
One of the key panelists at the conference is Dr. Wolfgang Fengler, Lead Economist at the World Bank. Dr. Fengler was recently interviewed by CNBC Power Lunch on his predictions on African trends in the lead up to 2020. See video below:
28 Jan, 2011
Cement makers from China and India are scouting for buyout opportunities in Kenya in what promises to loosen the grip of French multinational Lafarge on the regional market.
The real estate boom in East Africa and the revamp of the region's infrastructure is creating demand for cement egging foreign investor interest.
The Asian companies are looking at the emerging markets such as Kenya as opportunities to side step the economic cycle of a single region.
Now, big players are looking at buying stakes in established firms such as East Africa Portland Cement Company (EAPCC) and Athi River Mining (ARM), industry executives and analysts say.
"Buyout interests from the Chinese and Indian firms are on the rise. We have been approached but we are comfortable with our present setup," Pradeep Paunrana, the ARM chief executive told Business Daily.
(Source: http://www.cementchina.net/news/shownews.asp?id=7882)
Pradeep Praunrana, Managing Director of Rhino Cement Ltd, a division of Athi River Mining Ltd, will share first-hand experiences at the 3rd Africa Cementrade on building and operating an internationally bench marked cement and clinker plant in East Africa.
International investors keen to tap into the opportunities presented by Africa’s booming cement industry are expected to convene in Nairobi on 8-9 March 2011 for this industry-setting conference. Past delegates include senior executives from all across the cement supply chain such as traders, cement raw materials suppliers, construction research analysts, financiers, logistics & shipping companies, and much more.
For queries on the program or for pre-registration, one may email Grace Oh at grace@cmtsp.com.sg.
13 Jan, 2011
The cement industry in Africa is riding on a new surge of demand, following resumption of construction and infrastructure projects. Foreign investors are eyeing this lucrative sector, while local producers are ramping up capacities in a head-to-head competition for market dominance.
What emerging regions will be leading African cement industry’s growth into the next level? With expansion in mind, what new logistical and financial considerations are being thrown up and where can stakeholders seek solutions?
Top industry executives will provide answers at the 3rd Africa Cementrade in Nairobi on 8-9 March 2011.
For queries on sponsorship opportunities and media partnerships, or request for an e-brochure, one may email Grace Oh at grace@cmtsp.com.sg
08 Dec, 2010