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Mumias Sugar huge demand
Rank: Hello Joined: 5/24/2019 Posts: 8 Location: Nairobi
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obiero wrote:Failed Businessman wrote:VituVingiSana wrote:Failed Businessman wrote:Did their ethanol project ever get any momentum? I remember in 2013 they approached my office when I worked for a paints factory. They tried to convince my boss to substitute methanol for their ethanol. They did not get an order but I really wanted them succeed. Are methanol and ethanol pure substitutes? I think Mumias problem isn't the market for their ethanol but the lack of raw material to produce ethanol. The mumias guys believed the ethanol was a good substitute but did not present their case well. They used a lot of chemistry lingo. I remember them trying to explain to my boss how there is just one extra carbon per molecule and my boss giving them a blank stare. Interestingly, the company had tried ethanol some few years back. One of the challenges that I remember my boss highlighting was the ethanol smell. I cant remember the other challenges but tomorrow I can ring my boss up just to confirm. Uko na username mbaya sana Hahaa proud of it man Unfortunately I can't change my username SMH!
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Rank: Elder Joined: 6/23/2009 Posts: 13,497 Location: nairobi
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Failed Businessman wrote:obiero wrote:Failed Businessman wrote:VituVingiSana wrote:Failed Businessman wrote:Did their ethanol project ever get any momentum? I remember in 2013 they approached my office when I worked for a paints factory. They tried to convince my boss to substitute methanol for their ethanol. They did not get an order but I really wanted them succeed. Are methanol and ethanol pure substitutes? I think Mumias problem isn't the market for their ethanol but the lack of raw material to produce ethanol. The mumias guys believed the ethanol was a good substitute but did not present their case well. They used a lot of chemistry lingo. I remember them trying to explain to my boss how there is just one extra carbon per molecule and my boss giving them a blank stare. Interestingly, the company had tried ethanol some few years back. One of the challenges that I remember my boss highlighting was the ethanol smell. I cant remember the other challenges but tomorrow I can ring my boss up just to confirm. Uko na username mbaya sana Hahaa proud of it man No worries! :) HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 2/7/2007 Posts: 921
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obiero wrote:Failed Businessman wrote:[quote=obiero][quote=Failed Businessman][quote=VituVingiSana][quote=Failed Businessman]Did their ethanol project ever get any momentum? I remember in 2013 they approached my office when I worked for a paints factory. They tried to convince my boss to substitute methanol for their ethanol. They did not get an order but man No worries! :) ..... Anyway.... Nobody in his right mind can use ethanol to make paints. What the fellows were probably trying to market to your boss is a distillation byproduct called TA {Technical Alcohol}. In the ethanol world, it is a nuisance as it has little use apart in the paint industries. It also poses serious health and environment hazards. In a 75 kilolitre/day ethanol plant like msc's, you are likely to generate approx 600,000 litre of TA in one year. Storage then becomes a challenge not to mention the product is highly flammable. I think by the time MSc approached your boss, they were looking for a safe way to dispose while making some small money. As at now, the price of TA in Kenya may be as little as 5 Bob a litre. Simply put, they were marketing some lubbish.
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Rank: Chief Joined: 1/3/2007 Posts: 18,095 Location: Nairobi
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Njunge wrote:obiero wrote:Failed Businessman wrote:[quote=obiero][quote=Failed Businessman][quote=VituVingiSana][quote=Failed Businessman]Did their ethanol project ever get any momentum? I remember in 2013 they approached my office when I worked for a paints factory. They tried to convince my boss to substitute methanol for their ethanol. They did not get an order but man No worries! :) ..... Anyway.... Nobody in his right mind can use ethanol to make paints. What the fellows were probably trying to market to your boss is a distillation byproduct called TA {Technical Alcohol}. In the ethanol world, it is a nuisance as it has little use apart in the paint industries. It also poses serious health and environment hazards. In a 75 kilolitre/day ethanol plant like msc's, you are likely to generate approx 600,000 litre of TA in one year. Storage then becomes a challenge not to mention the product is highly flammable. I think by the time MSc approached your boss, they were looking for a safe way to dispose while making some small money. As at now, the price of TA in Kenya may be as little as 5 Bob a litre. Simply put, they were marketing some lubbish. Ati, nini? Technical changaa? If it is usable by paint firms at only 5/- a liter, why wouldn't Crown/Sadolin use it vs the much pricier petroleum inputs? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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There was some bet that Mumias Sugar will start production again and @Njunge had said nada, how did it span out? In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 2/7/2007 Posts: 921
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@angelique, Here HaMaina wrote:Njunge wrote:HaMaina wrote:FUNKY wrote:BKB wrote:https://www.standardmedia.co.ke/article/2001331638/shareholders-want-mumias-placed-under-administration
Mumias Sugar Company National Shareholders Forum chairman Muthuri Nyamu urged the Capital Markets Authority (CMA) to stop interfering with the Oparanya’s administration plans to help revamp the sugar firm. It will be the best decision ever Oparanya is a politician, besides maybe his need to help his people again maybe, helping the common mwanainchi is never that important.There is also a greater need to remain relevant politically. That's why this last minute administration nonsense decision should not be taken seriously. If anything the parallel shareholder group that was collecting views alongside Oparanya and Kimunya seems more sincere. 6 months elapsed son. Pints are on me, when we meet. I'm still on this one.
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Rank: Elder Joined: 2/7/2007 Posts: 921
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VituVingiSana wrote:[quote=Njunge][quote=obiero][quote=Failed Businessman][quote=obiero][quote=Failed Businessman][quote=VituVingiSana][quote=Failed Businessman] Ati, nini? Technical changaa? If it is usable by paint firms at only 5/- a liter, why wouldn't Crown/Sadolin use it vs the much pricier petroleum inputs?
TA production in Kenya is as young as the first distellery and I think it did not happen until 2013.It also comes in small quantities while it's sale is regulated and monitored by KRA. I do not know the current annual production but its certainly not enough for the paints industry while it's availability is also not guaranteed. In serious sugar/ethanol economies such as Mauritius, Brazil and Guyana, this is the preferred option.
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Rank: Hello Joined: 5/24/2019 Posts: 8 Location: Nairobi
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Njunge wrote:VituVingiSana wrote:[quote=Njunge][quote=obiero][quote=Failed Businessman][quote=obiero][quote=Failed Businessman][quote=VituVingiSana][quote=Failed Businessman] Ati, nini? Technical changaa? If it is usable by paint firms at only 5/- a liter, why wouldn't Crown/Sadolin use it vs the much pricier petroleum inputs?
TA production in Kenya is as young as the first distellery and I think it did not happen until 2013.It also comes in small quantities while it's sale is regulated and monitored by KRA. I do not know the current annual production but its certainly not enough for the paints industry while it's availability is also not guaranteed. In serious sugar/ethanol economies such as Mauritius, Brazil and Guyana, this is the preferred option. Thanks for this man. Unfortunately I can't change my username SMH!
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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FUNKY wrote:12-MEMBER TASKFORCE appointed by Governor Oparanya to oversee revival of Mumias Sugar sworn in amid protests from the company management. When was the Task Force report ment to be released ? The new financial year has officially began. “You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Hope for farmers as Mumias Sugar task force to hand i report Friday. Today's Nation. “You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Is Mumias back in production or there is no hope whatsoever? In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Angelica _ann wrote:Is Mumias back in production or there is no hope whatsoever? There will only be hope if someone like Sir Michael Joseph is given to run MSC or any white man in a black body if you understand what I mean
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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FUNKY wrote:Angelica _ann wrote:Is Mumias back in production or there is no hope whatsoever? There will only be hope if someone like Sir Michael Joseph is given to run MSC or any white man in a black body if you understand what I mean the last white man to ran the place went on annual leave and never came back In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 2/7/2007 Posts: 921
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Angelica _ann wrote:Is Mumias back in production or there is no hope whatsoever? The earliest MSc can resume crushing is June 2022....yet, I wouldnt give that date 1% chance of happening.
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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Njunge wrote:Angelica _ann wrote:Is Mumias back in production or there is no hope whatsoever? The earliest MSc can resume crushing is June 2022....yet, I wouldnt give that date 1% chance of happening. Yesos, hapa Nada, zilch, hapa mtu atajua ajui. Deadier than the dead horse I say, kulambishwa lolo nayo ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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muandiwambeu wrote:Njunge wrote:Angelica _ann wrote:Is Mumias back in production or there is no hope whatsoever? The earliest MSc can resume crushing is June 2022....yet, I wouldnt give that date 1% chance of happening. Yesos, hapa Nada, zilch, hapa mtu atajua ajui. Deadier than the dead horse I say, kulambishwa lolo nayo Hehehe funny af Life is short. Live passionately.
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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This thing should just be suspended from trading till they resume milling
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Rank: Elder Joined: 2/7/2007 Posts: 921
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FUNKY wrote:This thing should just be suspended from trading till they resume milling Somewhere in this thread, I questioned why cma still entertains this thing. Truth is, it ought to have been suspended way back in 2015. I guess there is nothing to suspend now anyway. BTW, if given a chance to chose between 10m shares of MSC and a bucket of cow shit, I would go with the latter
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Njunge wrote:FUNKY wrote:This thing should just be suspended from trading till they resume milling Somewhere in this thread, I questioned why cma still entertains this thing. Truth is, it ought to have been suspended way back in 2015. I guess there is nothing to suspend now anyway. BTW, if given a chance to chose between 10m shares of MSC and a bucket of cow shit, I would go with the latter “The future is uncertain but the end is always near.” ― jim morrison - Personally I'd choose the 10m Shares,the bucket would expire in a day or 2. I'm sure we'll soon see some news on Mumias and the sugar industry as a whole. But I like how the prophets of doom are causing panic and making the price plummet. Excellent. “You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Rank: Chief Joined: 1/3/2007 Posts: 18,095 Location: Nairobi
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HaMaina wrote:Njunge wrote:FUNKY wrote:This thing should just be suspended from trading till they resume milling Somewhere in this thread, I questioned why cma still entertains this thing. Truth is, it ought to have been suspended way back in 2015. I guess there is nothing to suspend now anyway. BTW, if given a chance to chose between 10m shares of MSC and a bucket of cow shit, I would go with the latter “The future is uncertain but the end is always near.” ― jim morrison - Personally I'd choose the 10m Shares,the bucket would expire in a day or 2. I'm sure we'll soon see some news on Mumias and the sugar industry as a whole. But I like how the prophets of doom are causing panic and making the price plummet. Excellent. I hope you are BUYING shares of Mumias! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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