Nairobi Business Ventures to start building cement plant near Nairobi by end of 2021

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Kenya: Nairobi Business Ventures (NBV) plans to start building its new 1Mt/yr cement plant at Machakos near Nairobi by the end of 2021. Construction is expected to be completed by the end of 2023, according to the Business Daily newspaper. Cement sold from the plant will be marketed under the Delta Cement brand. The announcement follows the approval by NBV’s shareholders of its acquisition by Delta Cement. The company was acquired by UAE-based Delta International Holdings in late 2020.

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URL: https://www.globalcement.com/news/item/13058-nairobi-business-ventures-to-start-building-cement-plant-near-nairobi-by-end-of-2021

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