Prime Cement Limited

Last updated

Prime Cement Limited
TypePrivate
IndustryManufacturer and distributor of cement
Founded2017
HeadquartersMusanze Industrial Zone, Kimonyi Sector, Musanze District, Rwanda
Key people
Eric Rutabana
Managing Director & Chief Executive Officer
ProductsCement
Number of employees
300+ (2020)

Prime Cement Limited (PCL) is a cement manufacturer in Rwanda. It is a subsidiary of Milbridge Holding SA, a building materials manufacturer and distributor, with subsidiaries in Angola, the United Arab Emirates, Rwanda and South Africa. [1]

Contents

Location

The main factories of PCL are located in Musanze Industrial Zone, in Kimonyi Sector, Musanze District, in the Northern Province of Rwanda. This is approximately 97 kilometres (60 mi), by road, northwest of Kigali, the capital and largest city in that country. [2]

Overview

In 2018, PCL started construction of a new US$65 million cement factory in Musanze District, in Rwanda's Northern Region. The plant would to be built in two phases of capacity of 600,000 metric tonnes each. [3] The first phase, built at a cost of US$40 million (approx. RWF:37 billion) came online in August 2020. LOESCHE GmbH, a German engineering company based in Düsseldorf, supplied the equipment and constructed the factory. [1] [3] Commercial production began on 1 September 2020. [4]

Ownership

PCL is a 100 percent subsidiary of Milbridge Holding SA, a buildings material conglomerate, based in Angola, with subsidiaries in South Africa, United Arab Emirates and Rwanda. [1]

Future plans

It is expected that when the new plant's first phase is fully functional, it will employ 300 workers. Later, when the second phase is built, another 300 staff would be hired, to make a staff complement of 600. [5]

When the second phase of PCL is completed, Rwanda's national cement output is expected to rise to 1.9 million metric tonnes annually. The cement produced will be utilized locally, with the surplus exported regionally. [5]

See also

Related Research Articles

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 and its stock is listed on the Nairobi Stock Exchange.

Bank of Kigali (BK) is a commercial bank in Rwanda. It is licensed by the National Bank of Rwanda.

<span class="mw-page-title-main">I&M Bank Rwanda</span> Rwandan bank

I&M Bank Rwanda Plc., is a commercial bank in Rwanda that is licensed by the National Bank of Rwanda. It is the second largest bank in Rwanda.

Access Bank Rwanda is a commercial bank in Rwanda. It is one of the commercial banks licensed by the National Bank of Rwanda, the national banking regulator.

KCB Bank Rwanda was a commercial bank in Rwanda and a subsidiary of Kenyan KCB Group. It was one of the banks licensed by the National Bank of Rwanda, the country's banking regulator.

Bugesera International Airport is an airport in the Bugesera District of Rwanda under construction since 2017.

Tororo Cement Limited (TCL), a Ugandan company, is one of the largest manufacturers of construction materials in East Africa.

Hima Cement Limited (HCL) is a cement manufacturer in Uganda. It is a subsidiary of the Holcim Group, a building materials manufacturer headquartered in Switzerland, with subsidiaries in over 80 countries.

Roofings Group, often referred to simply as Roofings, is the largest manufacturer of steel construction materials in Uganda, with installed production capacity of 72,000 metric tonnes annually.

The Rusumo Hydroelectric Power Station, also known as the Rusumo Power Station, is a hydropower plant under construction, with initial planned capacity installation of 80 megawatts (110,000 hp) when completed. The project will involve the construction of a dam, with run of river design. A more expensive 90 megawatts (120,000 hp) reservoir design was considered before being abandoned in favor of an 80 MW project with a smaller environmental impact and an estimated cost of US$300 million compared to US$400 million for the bigger project. The World Bank announced on 6 August 2013 that it had approved loans totaling US$340 million towards the US$468.60 million needed for the project. In November 2013, the African Development Bank approved a loan of US$113 million towards completion of the project.

NCBA Bank Rwanda, formerly Commercial Bank of Africa (Rwanda), is a commercial bank in Rwanda. NCBA Bank Rwanda is one of the Kenyan-owned bank subsidiaries to launch operations in Rwanda. The bank is a subsidiary of the NCBA Group Plc, a financial services group with headquarters in Nairobi, Kenya, with subsidiaries in Kenya, Rwanda, Tanzania, Uganda and Ivory Coast.

<span class="mw-page-title-main">Sugar industry of Rwanda</span>

Rwanda produces the least quantity of granular brown sugar among four of the six countries of the East African Community, namely Kenya, Rwanda, Tanzania and Uganda, accounting for about 12,000 metric tonnes annually as of August 2016. With national consumption measured at 90,000 metric tonnes annually in 2016, it is expected that by 2020, annual consumption will have reached 160,000 metric tonnes, costing over US$150 million to import.

University of Kigali (UoK) is a fully accredited and chartered university by the Government of Rwanda. UoK started its operations in October 2013.

Simba Cement Uganda Limited (SCUL), also National Cement Company Uganda, is a cement manufacturer in Uganda. It is a subsidiary of National Cement Company Limited, the construction materials manufacturer based in Kenya. National Cement is itself a subsidiary of the Devki Group of Companies.

Cimerwa Cement Limited (CCL) is a manufacturer of cement in Rwanda with capacity of approximately 600,000 tones per year.

National Cement Company Limited (NCCL), also National Cement Company Kenya Limited, is a cement manufacturer in Kenya. It is a subsidiary of the Devki Group of Companies, an industrial and manufacturing conglomerate, with headquarters in Kenya and operating subsidiaries in Kenya, Uganda and the Democratic Republic of the Congo.

References

  1. 1 2 3 Eddie Nsabimana (25 July 2020). "Rwanda: Rwf37bn Musanze-Based Cement Factory to Be Launched Next Week". The New Times (Rwanda) . Kigali. Retrieved 11 August 2020.
  2. Google (11 August 2020). "Distance Between Kigali, Rwanda And Ruhengeri, Rwanda" (Map). Google Maps . Google. Retrieved 11 August 2020.
  3. 1 2 Moses Gahigi and Esiara Kabona (26 February 2017). "Cement companies scramble for a piece of Rwandan market". The EastAfrican . Nairobi. Retrieved 11 August 2020.
  4. Julius Bizimungu (1 September 2020). "Rwanda: Prime Cement Seeks to Bridge Supply Gap With $40 Million Plant" (Via AllAfrica.com). The New Times (Rwanda) . Kigali. Retrieved 7 September 2020.
  5. 1 2 Arafat Mugabo (4 September 2018). "Prime Cement pegs success on 1.2 million tonne plant". Rwanda Today . Nairobi. Retrieved 11 August 2020.

1°29′35″S29°39′37″E / 1.49309°S 29.66028°E / -1.49309; 29.66028