All values updated annually at fiscal year end. Earnings Per Share -7.73. Sales 10.24. Tangible Book Value 24.18. Operating Profit -5.05. Working Capital -15.87. Long Term Liabilities 5.52 ...
The latest entrant is National Cement, owned by the Devki Group, which has set up its cement mixing plant near Lukenya Hill. With its factory commissioned in 1958, …
Athi River Mining's Tanzanian unit, Maweni Limestone was recently bought by Chinese Cement Factory Huaxin Cement. The subsidiary was sold for ksh 11.9 billion.
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 …
Commercial banks have pounced on what is left of Kenya's second-largest cement maker Athi River Mining (ARM) after they took control of the firm seeking to …
Jackson Okoth. September 25, 2021. in Kenyan News, Manufacturing, Mining. Reading Time: 3 mins read. Athi River Mining Company is to wind up its operations on 30th …
Athi River has an annual cement production capacity of 650,000 tonne and expects to finish construction on a 1.5 million tonne per year plant in Tanzania's commercial capital Dar es Salaam next year. Athi River plans to raise its proportion of revenues from outside Kenya to more than half in the next few years from 20 per cent now.
The East African Portland Cement PLc started as a trading company importing cement mainly from England for early construction work in East Africa. It was formed by Blue Circle Industries United Kingdom. ... In …
Devki Group yesterday took over the cash strapped Athi River Mining Plc which was put under administration in August last year by some of its creditors over $190 million (Sh19.3 billion).
The China-based company acquired the company from Athi River Mining (ARM) Cement in mid-2020. It then invested US$145m on an upgrade to the unit and started trial clinker production in June 2020. The upgraded plant has a production capacity of 1.6Mt/yr. Huaxin Cement says this is the first time it has directly produced cement in …
SIMBA CEMENT Construction Pongwe Factory Area, Korogwe Road, Tanga Mayfox Mining Company Limited ... Athi River Mining Ltd | 1,166 followers on LinkedIn.
Athi River Mining Cement Limited - ARM is located at Off Mazeras - Kaloleni Road, Athi River, Bondora, Kenya in the state Kilifi, Kenya. The place can be reached through its phone number, which is +254 20 3576423.
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 …
Contact Information and Addresses for Mombasa Cement Ltd's Head Office, Vipingo and Athi River Plants and Nairobi Depot. Head Office - Mombasa. Head Office - Mombasa; Nairobi Office; Athi River Plant; ... Athi River, Machakos County. mclathi@mombasacement +254 727 532 270; Mombasa-Malindi Highway, …
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 …
Commercial banks have pounced on what is left of Kenya's second-largest cement maker Athi River Mining (ARM) after they took control of the firm seeking to recover Sh15 billion owed to them ...
5,001-10,000 employees. Type. Public Company. Founded. 1974. ARM CEMENT LTD | 3,925 followers on LinkedIn. ARM CEMENT LTD (formerly Athi River Mining Ltd.), established in 1974 under the...
Industrials. Industry. Construction & Materials. Symbol. ARM. ISIN. KE0000000034. ARM Cement Plc, formerly Athi River Mining Limited is engaged in the manufacture and sale of cement, mining and processing of industrial minerals and chemicals, trading in other building products and the sale of fertilizers. Website: …
The Athi River Mining statement said an additional cement and clinker plant in Tanga, also in Tanzania, would be completed in the third quarter of 2013, which is expected to reduce its operating ...
Athi River Mining 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. ... Strong focus on the cement industry Athi River Mining extracts and processes local mineral resources. It has ...
ARM CEMENT LTD (formerly Athi River Mining Ltd.), with headquarters in Nairobi, Kenya, is a leading mineral extraction and processing company in Africa. ARM is a leading manufacturer of cement, sodium silicate, lime, industrial minerals, fertilizer and special building products in East and Southern Africa. ARM has subsidiaries operating in ...
ATHI RIVER MINING (ARM) is in the business of the manufacture of Cement, Quick & Hydrated Lime, Sodium Silicate, Industrial Minerals, Special Cements and building products, Fertilizers in Africa.The company has two plants in Kenya for manufacturing Lime and Cement as well as for manufacturing Industrial Minerals, Silicate, Special Cements, …
ARM RHINO Cement, Westlands, Nairobi. 1,669 likes · 43 were here. ARM Cement Limited, formerly Athi River Mining Limited, but commonly referred to as ARM is a mining and manufacturing company in...
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. Athi River Mining Ltd. is engaged in the manufacture and sale of cement, mining and processing of industrial …
Kenya: Athi River Mining (ARM) Cement is preparing for liquidation and delisting from the Nairobi exchange following the failure of its administrators to revive …
Kenyan businessman Narendra Raval is acquiring Athi River Mining (ARM) Cement, a struggling Nairobi-based cement company, for $50 million. The deal will see Raval's National Cement Company ...
ATHI RIVER MINING CEMENT (CASE STUDY) How to Lead the project ? THE COMPANY PROFILE Vision A leading mineral extraction and processing company in cement manufacturing. ARM a publicly held company and largest cement manufacturers in the region. Develop strategic vision and plan aimed at meeting growing demand in the …
Kenya: East Africa Portland Cement began work to replace a 16.5m-length of kiln shell at its Athi River cement plant at the end of July 2022. The producer says that the project will increase the kiln line's capacity by 1400t/day. Managing director Oliver Kirubai said "Due to the high costs of energy and an old clinker line, the board has prioritised …
By Shem Oirere. Athi River Mining (ARM) Cement plant in Athi River, Nairobi. The company has transferred its business for US$50 million to National Cement Company, a subsidiary of Devki Group, which manufactures and distributes cement in Kenya. ARM Cement Plc (ARM Cement), once Kenya's second biggest-cement maker after …
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 …
Per-Share Earnings, Actuals and Estimates. Actual Analyst Range Consensus. More. View the latest ARM Cement PLC (ARM) stock price, news, historical charts, analyst ratings and financial ...
By James Anyanzwa. 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 ...
Athi River Mining (ARM) Cement plant in Athi River, Nairobi. The company has transferred its business for US$50 million to National Cement Company, a subsidiary of Devki …
Dy Managing Director at Athi River Mining Ltd Kenya. 424 followers 413 connections See your mutual connections. View mutual connections with Bhatia ... (Snowcem Paints) Saurashtra Cement Ltd Mumbai. Connect Atul Mathur Managing Director at Stirado Digital Delhi, India. Connect Surendra Bhatia Partner, vardhoman (arpera) ...
Athi River Mining (ARM) is a leading cement and industrial minerals manufacturer in East Africa. It was established in 1974 in Kenya and has since expanded to include operations in Tanzania and South Africa. ARM produces cement, lime, sodium silicate, fertilizers, and other industrial minerals.