Displaying items by tag: Devki Group

Kenya: The new owners of Athi River Mining Cement entered the company’s 0.7Mt/yr integrated Kaloleni cement plant on 14 October 2019. The Standard has reported that Narendra Raval, chairman of Devki Group, which also owns National Cement, was held up for some time at the entrance, because security guards had not received orders to let him in. Raval spoke to employees, promising that all 1100 would keep their jobs following completion of the takeover, whereupon all salaries would be harmonised with those of their National Cement colleagues.

Kenya: Devki Group has ordered a waste heat recovery (WHR) unit from China’s Sinoma Energy for its Athi River plant as part of a US$250m package. The deal also includes supplying a power plant for the company’s steel plant in Kilifi, according to the Daily Nation newspaper. Both projects will be completed by late 2020.

Uganda: Simba Cement has opened a new 1Mt/yr grinding plant in Tororo. The unit had an investment of US$45m, according to the Daily Monitor newspaper. The plant was built by Mepani Technical Services and construction started in early 2016. Simba Cement Uganda is a subsidiary of National Cement Kenya, which is part of Devki Group.

Kenya: The founder of Devki Group, Narendra Raval, plans to invest in the construction of a 0.75Mt/yr cement plant in Mariakani, Kilifi County, in direct competition with ARM Cement’s facility in the county. The project, which represents a US$290m investment, will be built on a 20 hectare site. “Construction of a new cement plant will further bring down prices while reducing the long distances lorries must cover to deliver cement to Kenyans on their doorstep,” said Raval, according to Business Daily Africa.

In separate news, Global Choice has concluded plans to build a grinding plant in Athi River, Machakos County. The US$48m facility has a capacity of 1Mt/yr.