ARM Cement Tanzania unit sold for Sh12 billion
A leading Chinese company has bought Athi River Mining (ARM) Cement's Tanzania subsidiary, Maweni Limestone Ltd, for $116 million (about Sh11.9 billion).
ATHI RIVER MINING LIMITED | Africa Business Directory
Athi River Mining (Kenya) Ltd. was established in 1974 by as a mineral extraction and processing company and is now public limited company quoted on the Nairobi Stock Exchange.ARM is in the business of the manufacture of :-¥ Cement¥ Quick & Hydrated Lime¥ Sodium Silicate¥ Industrial Minerals¥ Special Cements and building products¥ …
ARM Cement looks to brighter future | Aggregates …
ARM Cement Plc (Athi River Mining) ... Moreover, ARM Cement said the coal importation ban in Tanzania "not only increased manufacturing costs but also impacted on optimal capacity of utilisation …
Mining in Kenya
Nested in the Rift Valley on Lake Magadi, close to the border with Tanzania, Tata Chemical's soda ash operation is among the largest in the world. The mine has been in operation for over a 100 year. ... with players such as Bamburi Cement, Athi River Mining and East African Portland. Until recently, the country was producing about 150,000 ...
Athi River Mining opens new factory in Tanga
Athi River Mining Limited (ARM) has commissioned its Sh14.6 billion cement manufacturing plant in Tanga, Tanzania as part of the firm's regional expansion strategy. In a statement on Thursday, the company said the factory, opened on Saturday, will boost its market share.
Arm Cement Limited Company Profile
Athi River Mining (Kenya) Ltd (ARM) was established in 1974 by Mr. H.J Paunrana as a mineral, extraction and processing company and is now a public limited company quoted on the Nairobi Stock Exchange since 1997. ... (Tanzania) Limited, which is engaged in the extraction and processing of limestone; ARMSA (Pty) Limited, which is …
ARM Cement Plc
ARM Cement Limited (ARM), is one of East Africa's leading manufacturers of cement, lime and fertilizer. The firm has operations in Kenya, Tanzania and Rwanda. Formerly known as Athi River Mining Limited, the company is headquartered in Nairobi and is listed on the Nairobi Securities Exchange (NSE).
Tanzania Mining Group Invests in Cement Manufacturing …
A leader in Tanzania mining, the ATHI River Mining Group (ARM), currently has plans for an aggressive expansion project, that was designed in order to help …
ARM CEMENT LTD Information
ARM CEMENT LTD (formerly Athi River Mining Ltd.), established in 1974 under the stewardship of H.J. Paunrana, ARM CEMENT is a publicly held company listed on the Nairobi Securities Exchange.ARM engineers, build and operates world class cement plants with lower then industry average capital costs, and manufactures high quality cement …
Tough competition sees Athi River Mining post Sh2bn net loss
Athi River Mining (ARM) Cement has posted a net loss of Sh2.80 billion for the year to December 2016. ... the Tanzania's government ban on importation of coal in favour of local procurement not ...
ARM CEMENT LTD | LinkedIn
ARM CEMENT LTD (formerly Athi River Mining Ltd.), established in 1974 under the stewardship of H.J. Paunrana, ARM CEMENT is a publicly held company listed on the Nairobi Securities Exchange.
ARM Cement
Also Known As Athi River Mining Ltd; Legal Name ARM Cement Ltd. Stock Symbol NBO:ARM ; Company Type For Profit; Contact Email [email protected]; Phone Number +250 788 383 625; ARM CEMENT LTD is a Kenya-based cement manufacturer company. It also manufactures sodium silicate, lime, industrial minerals, formulated …
ARM Cement Limited
ARM CEMENT LTD (formerly Athi River Mining Ltd.), with headquarters in Nairobi, Kenya, is a leadi... Skip to content. ... Tanzania, South Africa and Rwanda. The ARM Africa group of companies includes ARM Cement Limited, Maweni Limestone Ltd, ARM Tanzania Ltd and ARM SA Ltd. Phone 2 (045) 20631. Additional Fax Nr(s) (045) 22376.
Arm Cement
ARM Cement Limited, formerly Athi River Mining Limited, but commonly referred to as ARM is a mining and manufacturing company in Kenya, the largest economy in the East African Community. The company is headquartered in Nairobi. ARM Cement was placed into administration in August 2018, due to its inability to service its debts and meet…
Why cement makers are lining up to do business in Athi River
Land is also relatively cheaper in Athi River than it nearer the capital, and the black cotton soil of Athi River is not suitable for agriculture. In addition there us an abundance of pozzollana — the blue stone used for building — which is an ingredient in the final stage in grinding cement.
ARM to be Finally Sold After Its Revival Flops
Athi River Mining Company is to wind up its operations on 30th September 2021, bring an end to more than two years when the cement maker has been under administration. The United Bank of Africa(UBA) placed ARM under administration on August 17, 2018, over a loan default and has remained on the death bed ever since.
Athi River Mining shrugs off pricing pressure to cement its …
Athi River Mining shrugs off pricing pressure to cement its new-found position in the market ... The 1.6 million tonnes in Tanzania is distributed between 1.2 million in an integrated clinker and ...
ATHI RIVER MINING LIMITED INFRASTRUCTURE LED …
Eng. Murungi is on the Board of Athi River Mining Limited, Subsidiaries Mavuno Fertilizers Limited, ARM Energy Limited, ARM Tanzania Limited and Maweni Limestone Limited. He Chairs the Remuneration and Nomination Committee and is also a member of the Audit Committee of Athi River Mining Limited. Mr. Daniel Ndonye : Non Executive Director - …
Athi River Mining Limited
Advised Athi River Mining Limited on its capital restructuring and liquidity issues.
Athi River Mining to double production | Nation
Athi River Mining Ltd will spend over Sh34.1 billion ($400 million) on the construction of new cement plants in Tanzania and Kenya. Next year, ARM will embark on the construction of a Sh21.3 billion …
ARM Cement's Tanzania Unit Acquired by Chinese Firm as …
Athi River Mining's Tanzanian unit, Maweni Limestone was recently bought by the Chinese Cement Factory Huaxin Cement. The subsidiary was sold for ksh 11.9 billion. ... Huaxin company was among the four companies that had submitted bidding offers to acquire ARM Cement Tanzania'a unit. The others are; Dangote Cement, Mega …
ARM Cement preparing for liquidation in September 2021
Kenya: Athi River Mining (ARM) Cement is preparing for liquidation and delisting from the Nairobi exchange following the failure of its administrators to revive operations. The East African newspaper has reported that PricewaterhouseCoopers advised liquidation in a letter of 19 April 2021. The joint administrators reached their …
Athi River Mining
Athi River Mining (kifupi ARM) ni kampuni ya kibiashara nchini Kenya inayochimba madini na kutengeneza bidhaa kama saruji, mbolea wa kilimo, aina kadhaa za chokaa na minerali mingine kwa matumizi ya viwandani na katika ujenzi.. Kampuni ilianzishwa na Bwana H.J. Paunrana mwaka 1975 mjini Athi River na makao makuu yake yapo Nairobi.Kiasili …
Francis Mhando
Mechanical Design Engineer at Athi River Mining Ltd · I am an Engineer with positive change, i am Hardworking, Adaptability, Fast learner,ability to work under pressure, ability to work in team, innovative.Technical skills.I have ability to bring high positive change to the companies itself with ability to;-<br>- improve …
ATHI RIVER MINING | Africa Business Directory
This would be servicing the gold mines in which are essentially the same as those being serviced by ARM in Tanzania.ARM owns 67% of ARM (Tanzania) Ltd which has a plant in Tanga that manufactures Lime for …
Athi River Mining
Tanzania/ Kenya: Athi River Mining (ARM) will spend over US$400m on the construction of new cement plants in Tanzania and Kenya. Pradeep Paunrana, the company's chief executive, said a new plant in Tanga, Tanzania, would have a capacity of 1.2Mt/yr and will be completed within five months. "The entire Tanga project coupled …
Huaxin Cement completes Maweni Limestone …
Tanzania: Huaxin Cement has announced the completion of its acquisition of Kenya-based Athi River Mining (ARM) Cement's Tanzanian subsidiary Maweni Limestone. Reuters has reported that …
ATHI RIVER MINING LIMITED INFRASTRUCTURE LED …
Eng. Murungi is on the Board of Athi River Mining Limited, Subsidiaries Mavuno Fertilizers Limited, ARM Energy Limited, ARM Tanzania Limited and Maweni Limestone Limited. He Chairs the Remuneration and Nomination Committee and is also a member of the Audit Committee of Athi River Mining Limited. Mr. Daniel Ndonye : Non Executive …
Kenya: Athi River Mining Set for Liquidation, Delisting at the …
Troubled cement maker Athi River Mining is set for liquidation in the next five months and eventual delisting from the Nairobi Securities Exchange after more than two years under administration failed to revive its operations. The EastAfrican has learnt that the transition of the company to liquidation from administration is set to take place on […]
Kenya: Athi River Mining set for liquidation, delisting at the …
Troubled cement maker Athi River Mining is set for liquidation in the next five months and eventual delisting from the Nairobi Securities Exchange after more than two years under administration failed to revive its operations. ... In Tanzania, ARM completed the sale of all the shares it held in Maweni Limestone Ltd, its main subsidiary, to ...
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