Hima Cement Limited Business Overview and Developments

Hima Cement Limited is a leading cement manufacturer in Uganda, with a rich history dating back to 1994. The company was founded by Bamburi Cement Limited, a Kenyan-based cement manufacturer.

Hima Cement Limited has its main operations in Kasese, Uganda, where it operates a 1.2 million metric ton per annum cement plant. The plant is equipped with state-of-the-art technology, enabling the production of high-quality cement.

The company has made significant investments in its operations, including the installation of a new cement mill in 2016, which increased its production capacity by 30%. This investment has enabled Hima Cement Limited to meet the growing demand for cement in Uganda.

Hima Cement Limited is committed to sustainability and has implemented various environmental initiatives, including the use of renewable energy sources and waste management practices.

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Hima Cement Limited has been making headlines in recent times. In November 2023, the company signed a memorandum of understanding (MOU) with Coca Cola Beverages Uganda (CCBU) to collaborate on reducing plastic waste in Uganda.

This collaboration will see CCBU collect plastic waste from used beverage bottles and pass them on to Hima Cement, which will then incorporate the plastic waste into its cement production process.

The MOU is set to last for three years, marking a significant step towards reducing plastic waste in Uganda.

Hima Cement is also undergoing a change in ownership, with Sarrai Group, a Ugandan conglomerate, acquiring the company from the Swiss Holcim Group for $120mn.

The transaction is subject to certain conditions and shareholder approval, but it's expected to be completed soon.

Sarrai Group is a diversified conglomerate with business interests in various sectors, including sugar processing, ethanol, electricity, and cement.

Here's a brief overview of the key players involved in Hima Cement's recent developments:

We're proud of our operations at Hima Cement Limited, which are spread across three state-of-the-art plants in Uganda. Our total cement production capacity is over 2 million tonnes.

Our plants are strategically located in Kasese, Kampala, and Tororo, allowing us to efficiently meet the cement needs of the region.

The Hima Plant in Kasese is one of our flagship facilities, and it plays a crucial role in our overall production capacity.

Hima Cement's main factories are located in Hima, Kasese District, in the Western Region of Uganda.

This location is approximately 23.5 kilometres northeast of Kasese, the nearest large town and district headquarters.

Hima is about 350 kilometres west of Kampala, the capital and largest city of Uganda.

The geographical coordinates of the main factory are: 0°17'21.0"N, 30°10'45.0"E (Latitude:0.289167; Longitude:30.179167).

In 2018, Hima Cement opened a new factory along the Tororo-Mbale-Soroti Road, with a production capacity of 850,000 tonnes annually.

This new factory is located about 350 kilometres west of Kampala, the capital and largest city of Uganda.

The total output for Hima Cement Uganda Limited is now 1,900,000 tonnes annually, following the opening of the new Tororo factory.

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Hima Cement Limited has undergone a significant change in its ownership structure. Prior to November 2023, the company was a subsidiary of Holcim, a large Swiss-based buildings material conglomerate, holding 70% of the shares.

Holcim held 1,335,600 shares, giving them a 70% stake in the company. Cementia Holdings AG, another shareholder, held 30% of the shares.

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The Sarrai Group of Uganda acquired the 70% stake held by Holcim in November 2023 for a consideration of US$84 million. This was done through a binding documentation process.

The remaining 30% stake was acquired by Rwimi Holdings Limited, another Ugandan company, from Cementia Holding AG for US$36 million.

The shareholding in Hima Cement Limited after the transactions is as follows:

The sale was concluded on 5 March 2024 after all regulatory approvals were obtained.

We offer a convenient way to transfer and renew your LEI number, allowing you to benefit from our multiyear plans. This process is straightforward and can be done with ease.

Our system will guide you through the transfer and renewal process, ensuring that your LEI number remains up-to-date and valid. You can also renew your LEI to take advantage of our multiyear plans.

To transfer and renew your LEI, you'll need to provide your current LEI number. In this case, the LEI number is 529900ILM80S7UP2SO45.

You can find more information on renewing an LEI here. This will provide you with a detailed guide on how to proceed with the transfer and renewal process.

Here's a summary of the key details you'll need to consider when transferring and renewing your LEI:

By following these steps and providing the necessary information, you can successfully transfer and renew your LEI number, ensuring that your business remains compliant and up-to-date.

Hima Cement Limited has expanded its operations to include a cement grinding plant in Tororo, which has increased its production capacity by 1.2 million tons per year.

The company has also invested in a new cement terminal in the Port of Mombasa, which has improved its logistics and distribution capabilities.

Hima Cement Limited has a strong presence in the East African market, with a customer base that includes major construction companies and government institutions.

The company has a wide range of cement products, including Portland Pozzolana Cement (PPC) and Ordinary Portland Cement (OPC), which are used in various construction projects.

Hima Cement Limited has implemented a quality management system that meets international standards, ensuring that its products meet the required specifications.

The company has a strong commitment to environmental sustainability, with initiatives such as reducing its carbon footprint and promoting the use of eco-friendly products.

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