Displaying items by tag: Asian and African Business Management

Namibia: Whale Rock Cement plans to commission its new plant near Otjiwarongo at the end of October 2018. The 1.2Mt/yr unit had an investment of US$350m, according to the Xinhua News Agency. Cement from the plant will be sold under the Cheetah brand. The project is a joint venture between China's Asia-Africa Business Management and local partners.

Namibia: The Whale Rock Cement plant is set to start producing cement at its new grinding plant near Otjiwarongo in April 2018. Using the Cheetah Cement brand name the company had originally intended to start production in January 2018, according to the Namibia Press Agency. Clinker for the plant has been imported from Egypt. Previously, the imported cement was reported by local media as coming from China.

Originally the company intended to buy clinker from a local producer but the negotiations failed leading the cement producer to buy imports instead. Around 24,000t of clinker from a total of 40,000t have been transported from Walvis Bay to Otjiwarongo by 732 trucks. Once fully operational in August 2018 the plant is expected to create around 600 jobs. The company is a joint venture between China’s Asia-Africa Business Management and Whale Rock Cement.

Namibia: Famers have voiced their concerns that a new cement plant being built by Cheetah Cement will affect the water supply for their livestock. The fears have arisen following a notice by the company that it intends to start blasting at the construction site, according to the Namibian newspaper. The farmers have refused to take notice of eviction orders at the site by the Otjiwarongo municipality over risks that the water borehole will become contaminated. The cement plant is a joint venture between China’s Asia-Africa Business Management and Whale Rock Cement.

Namibia/China: China's Asian and African Business Management has teamed up with a Namibia's Whale Rock Cement to set up a US$350m cement plant. The project will see the creation of 400 jobs.

A few years ago, Whale Rock Cement came onto the Namibian market with its Cheetah Cement brand. This triggered a fierce competition with the existing cement suppliers, leading to a price war that drove Whale Rock off the market.

The plant, about 245km from the capital Windhoek, will be the second cement plant in Namibia after Ohorongo Cement, which produces 500,000t/yr. Whale Rock Cement Public Relations Officer Manfred Uxamb said that a comprehensive feasibility study has been completed and that a limestone survey has also been carried out. "Together with our partners, we have performed a comprehensive investigation of the land plot, limestone, clay, waste iron oreand gypsum," said Uxamb, adding that they had found that all these resources meet requirements. "The survey also included market research that proved that the project is feasible. The feasibility study was presented to the Government of the Republic of Namibia and approved." According to Uxamb, the area chosen for the plant has enough limestone deposits to last more than 40 years.