| Updated Wed, July 12th 2017 at 15:43 GMT +3Kenya's Bamburi said it plans to increase its cement grinding capacity by 900,000 tonnes at one of its two plants by mid-2018 and lift total annual production capacity to 3.2 million tonnes. The expansion will be carried out at a cost of 4 billion shillings ($38.52 million), Bamburi said in a statement. The firm posted a pretax profit of 8.27 billion shillings in 2016, up from 8.46 billion shillings a year earlier. In February, ARM Cement said it planned to raise grinding capacity at its 1 million-tonne-a year plant by 50 percent in 12-14 months. Production rose to 6.71 million tonnes in 2016 from 6.35 million tonnes a year earlier, its data showed.
Source: Standard Digital July 12, 2017 12:33 UTC