Browsing: Bamburi Cement

Bamburi Cement has launched an innovative and green construction project in Kenya dubbed “Houses of Tomorrow’ (HoT) in a bid to fulfil its sustainable construction agenda through low-carbon based building solutions.

The projects seek to achieve very low embodied CO2 footprint buildings using low carbon cement-based materials and locally available resources.

The project involves careful selection, design and use of materials which leverage low carbon standards in the overall construction, and especially application of near zero embodied energy concrete designed by incorporating low carbon content cement. Some of the cement products to be used for this construction project feature a mix of Bamburi Cement’s products Powermax and Nguvu pozzolanic cements for concrete works. Fundi masonry cement, a low carbon cement, will also be used for mortar and plaster works.

The project launched by Bamburi’s parent company LafargeHolcim, is ongoing in several countries on each continent.

Commenting on the new building …

Bamburi cement parent company, LafargeHolchim has become the first global building materials company to sign the ‘Business Ambition for 1.5°C’ pledge with intermediate targets approved by the Science-Based Targets initiative (SBTi) in alignment with a net-zero pathway.

The commitment builds on LafargeHolcim’s leadership in Green construction with its low-carbon and carbon-neutral products such as ECOPact, green concrete, and Susteno.

In its 2030 goals, LafargeHolcim has committed to operating its first net-zero CO2 cement production facility, lower its target for CO2 intensity in cement to 475kg net CO2 per ton of cementitious material (net CO2/t.cem.), recycle 100m tons of waste and byproducts for energy and raw materials, double waste-derived fuels in production to reach 37% as well as scale up the use of calcined clay and develop novel cement with new binders. The company has also committed to reducing its transportation and fuel-related emissions by 20%.

Commenting on the …

Bamburi Cement Group has defied COVID 19 adverse impact on the economy to post an improved pre-tax profit.

bamburi cement

According to a statement from the firm the cement, the manufacturer has recorded a pre-tax profit of KSh 213 million ($1.96 million) for the first half ending June 30, 2020, up from KSh 23 million ($$212,431) in the corresponding period last year.

The growth in Profit before Tax has been attributed to the swift implementation of the “Health, Cost and Cash” action plan adopted by the Group at the onset of the Covid-19 Pandemic, to help mitigate the adverse impact of the crisis.

“The performance of the Group in the first half of 2020 is a testament that all of us; our employees, our customers, our stakeholders, and our communities, we can overcome adversity if we espouse the spirit of caring for one another.” Said Dr. John Simba – Chairman of the …

2018 profits dropped to US$6.1 million from US$18.8 million in 2017

Cement manufacturers-Bamburi Cement has expressed concerns over the Uganda-Rwanda border row, warning it could derail its earnings.

This comes amid a drop in net profit for the year 2018, reported at Ksh614 million (US$6.1 million) down from Ksh1.9 billion (US$18.8 million) in 2017.

“The difficulties experienced in the Uganda-Rwanda border have significantly impacted exports to Rwanda from Uganda and the Group hopes this matter is resolved expeditiously,” the company said in its financial statement signed by Chairman John Simba and Group Managing Director Seddiq Hassani.

The Nairobi Securities Exchange (NSE) listed firm has however reported a 3.7 per cent jump in turnover, from Ksh36 billion (US$3.6 billion) in 2017 to Ksh37.2 billion (US$3.7 billion) in 2018 as cement volumes grew by nine per cent.

“The Group achieved this growth despite a market decline of five per cent in Kenya, …