Ohorongo_Cement

Ohorongo Cement

Ohorongo Cement

Cement factory in Namibia

Ohorongo Cement is a cement factory on farm Sargberg near Otavi in the Otjozondjupa Region of Namibia. It is one of two Namibian cement factories and has a production capacity of 0.7 Mt (690,000 long tons; 770,000 short tons) per annum.[1]

Quick Facts Industry, Founded ...

The ground breaking ceremony for the construction of the plant was held in January 2009.[2] A roof wetting celebration took place in February 2010, when the preheater tower reached its final height of 109 meters.[3] Production started in December 2010.

Initially wholly owned by the Schwenk Zement KG,[4] Ohorongo states that ownership is to be transferred to Namibian institutions over time.[5] In 2019, Schwenk still owned 69.83%, with the Development Bank of Namibia the largest minority shareholder. After the 2018 production start of Cheetah Cement, a second, larger, cement factory nearby, Schwenk offered its shareholding for sale.[1] A 2019 acquisition offer by investment company West China Cement, however, was turned down by the Namibian Competition Commission because West China already owns Cheetah Cement.[6]

References

  1. [1]
    "Schwenk Zement to exit Namibia". International Cement Review. 15 March 2019.
  2. [2]
    "First Step to Ohorongo Cement Production Process [[Namibia Economist]] 6 Feb 2009". Archived from the original on 16 July 2011. Retrieved 9 March 2010.
  3. [3]
    Preheater is one of the tallest buildings in Namibia, Die Republikein 10 February 2010
  4. [4]
    Duddy, Jo-Maré (18 November 2009). "Billions flow for Ohorongo Cement". The Namibian.
  5. [5]
    "About Us". Ohorongo cement. Retrieved 30 November 2020.
  6. [6]
    "Competition Commission turns down Chinese offer to buy Ohorongo". Informanté. 4 August 2020.
Share this article:

This article uses material from the Wikipedia article Ohorongo_Cement, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.