EAPCC roars back to life after one-month hiatus for renovations

Business
By Esther Dianah | May 02, 2024
Acting Managing Director Mohammed Osman makes a point as Trade Cabinet Secretary Rebecca Miano looks on. [Courtesy]

The East African Portland Cement Company (EAPCC) has resumed operations after a one-month closure for renovations and plant maintenance.

The firm is looking to increase capacity to serve the growing regional demand for cement amid an infrastructure boom.

The improved capacity, EAPCC said, is expected to boost its output to one million tonnes annually in the next two years.

Acting Managing Director Mohammed Osman said the refurbished plant will increase efficiency, and greatly reduce spillage, thus improving the work environment and cutting on wastage.

Industry, Trade, and Investments Cabinet Secretary Rebecca Miano said the recommissioning of the plant marks a transformative moment for the country's manufacturing sector, which is a key driver of economic growth, job creation, and industrialisation.

"Despite the challenges, the government has remained resolute in its commitment to supporting the competitiveness and growth of local industries. One of the key initiatives has been setting ambitious targets for the manufacturing sector, including increasing its contribution to GDP to 20 per cent by 2027," said Ms Miano.

She said ongoing efforts to revitalise the manufacturing sector are meant to enhance competitiveness, efficiency, and sustainability of the local manufacturing sector.

They include the introduction of the export and investment promotion levy of 17.5 per cent on the importation of clinker to reduce the reliance of local cement companies on imported raw materials and promote the growth of domestic industries.

EAPCC Chairman Richard Mbithi said following the refurbishment, the company is now in a good position to meet its revenue targets.

"With the finalisation of the plant refurbishment and resultant improved production and efficiency, we are confident that the company will accomplish the production and revenue targets.

Share this story
IMF lifts 2026 global growth forecast but flags AI, trade risks
IMF upgraded its 2026 global growth forecast, citing a boost from tech investments but warning that a reevaluation of AI productivity gains or renewed trade tensions could bring disruptions.
Lamu pipeline ties KPC's growth to complex oil export plan
The Kenya Pipeline Company could be compelled to pump billions of shillings towards converting its storage tanks in Mombasa to handle crude oil from the Lokichar oil fields for export.
Investment group commits Sh2b for new industrial real estate investment trust
The new ALP Reit is the first industrial Income Reit (I-Reit) in East Africa, pioneering the use of the tax-efficient instrument in Kenya’s industrial real estate sector.
Mpeketoni cotton ginnery nears completion as youth return to farming in Lamu
A cotton ginnery under construction in Mpeketoni, Lamu County, is nearing completion, with contractors reporting that the facility is 95 per cent complete.
How Kenya outwitted US, China to clinch dual trade deals
Kenya played the US and China against each other last week, announcing it had secured pivotal trade concessions within a critical 48-hour window to protect its exports and unlock new markets.
.
RECOMMENDED NEWS