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Cement Industry in Kenya
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Metasploit
#21 Posted : Monday, July 09, 2012 8:47:44 AM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
http://www.nation.co.ke/...6/-/12vuwa/-/index.html

According to a study by Standard Investment Bank on the East Africa cement business, the industry is estimated to expand by 17 per cent to 30 per cent in the next three years riding on the government’s increased expenditure on infrastructure.

Unfortunately ,the industry is attracting too many players!

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Aguytrying
#22 Posted : Monday, July 09, 2012 10:34:13 AM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
Metasploit wrote:
http://www.nation.co.ke/business/news/Price+rivalry+looms+in+cement+trade+/-/1006/1448896/-/12vuwa/-/index.html

According to a study by Standard Investment Bank on the East Africa cement business, the industry is estimated to expand by 17 per cent to 30 per cent in the next three years riding on the government’s increased expenditure on infrastructure.

Unfortunately ,the industry is attracting too many players!


To me this means.

There is growth potential in this industry, newcomers prove this.
The large companies most definitely aware of this and can strategise to hold on to market share as much as possible or watch it eroded. They still have the upper hand.
I'd put my money on Bamburi, its fairly priced and competitive
The investor's chief problem - and even his worst enemy - is likely to be himself
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youcan'tstopusnow
#23 Posted : Monday, July 09, 2012 10:54:13 AM
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Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
More competition led to a drop in price which is good if you are looking at it from the other sidesmile
GOD BLESS YOUR LIFE
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PKoli
#24 Posted : Monday, July 09, 2012 12:52:33 PM
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Joined: 2/10/2007
Posts: 1,587
The fact that the sector is attracting many players imply the market is huge and reasonable margins exist for newcomers. There is potential for efficiency improvements by current players. This has been demonstrated by ARM.
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mwekez@ji
#25 Posted : Tuesday, July 23, 2013 12:13:23 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
The building of a Sh10 billion cement plant in Pokot County is set to begin next month, setting the stage for a new wave of competition in the construction sector.

In a statement on Monday, Cemtech Kenya, which co-owns the proposed plant with Indian cement producer Sanghi Group, said they have confirmed the availability of a good quality limestone at the site to sustain the factory for a minimum of 50 years.

“It is hereby confirmed that the Sanghi Group shall commence the construction work at site as from Wednesday 14th August, 2013 onwards,” the statement said.

With a production capacity of about 1.2 million tonnes per annum, the factory will become Kenya’s largest manufacturing plant, surpassing Bamburi’s annual output of 1.1 million tonnes yearly.

http://www.nation.co.ke/busines...6/-/26mfciz/-/index.html
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