Kenya: Athi River Mining set for liquidation, delisting at the …

April 30, 2021 11:21 AM. Troubled cement maker Athi River Mining is set for liquidation in the next five months and eventual delisting from the Nairobi Securities Exchange after …

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ARM Cement looks to brighter future | Aggregates Business

ARM Cement Plc (Athi River Mining) is seeking greater stability in the volatile East Africa cement market, as the company looks to recover from a particularly tough period in its trading history. Athi River Mining (ARM) Cement plant in Athi River, Nairobi. The company has transferred its business for US$50 million to National Cement Company, a ...

Banks take control of Athi River Mining over Sh15 …

Standard Group Plc HQ Office, The Standard Group Center,Mombasa Road. P.O Box 30080-00100,Nairobi, Kenya. Telephone number: 0203222111, 0719012111

National Cement takes over ARM ahead of lawsuit

Athi River Mining has been sold to Devki's National Cement Company (NCC) allowing billionaire Narendra Raval 'Guru' to expand his empire to the industry's second-largest manufacturer.

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Why cement makers are lining up to do business in Athi River

The area around Athi River, in the northern part of Machakos County, is the cement headquarters of Kenya, with six firms based there. The latest entrant is National Cement, owned by the Devki Group, which has set up its cement mixing plant near Lukenya Hill. With its factory commissioned in 1958, East Africa Portland Company is the oldest ...

Kenya: Kitui Residents in the Dark Over Proposed Limestone Mining

Following this transition, residents of Ngaaie are still in the dark over who should pay them the remaining money for their land. ARM had agreed to buy land in Ngaaie for Sh400,000 per acre but ...

ARM Cement Plc (NSE:ARM)

ARM. ISIN. KE0000000034. ARM Cement Plc, formerly Athi River Mining Limited is engaged in the manufacture and sale of cement, mining and processing of industrial minerals and chemicals, trading in other building products and the sale of fertilizers. Website:

Athi River Mining

Athi River Mining (kifupi ARM) ni kampuni ya kibiashara nchini Kenya inayochimba madini na kutengeneza bidhaa kama saruji, mbolea wa kilimo, aina kadhaa za chokaa na minerali mingine kwa matumizi ya viwandani na katika ujenzi. Kampuni ilianzishwa na Bwana H.J. Paunrana mwaka 1975 mjini Athi River na makao makuu yake yapo Nairobi. Kiasili …

Athi River Mining says new clinker plant to boost …

Standard Group Plc HQ Office, The Standard Group Center,Mombasa Road. P.O Box 30080-00100,Nairobi, Kenya. Telephone number: 0203222111, 0719012111

Arm Cement

ARM Cement Limited, formerly Athi River Mining Limited, but commonly referred to as ARM is a mining and manufacturing company in Kenya, the largest economy in the East African Community. The company is headquartered in Nairobi. ARM Cement was placed into administration in August 2018, due to its inability to service its debts and meet…

ARM Cement's Tanzania Unit Acquired by Chinese Firm as …

Athi River Mining's Tanzanian unit, Maweni Limestone was recently bought by Chinese Cement Factory Huaxin Cement. The subsidiary was sold for ksh 11.9 billion. In a statement by the joint administrators George Weru and Muniu Thoithi, the transaction was to allow Huaxin immediate entry in one of the leading markets in Africa and is a very ...

adex mining inc

Adex Mining Inc. is a Canada-based mining company. The Company is focused on developing its Mount Pleasant Mine Property, a multimetal project that is host to tungsten-molybdenum and tinindiumzinc mineralization, which is loc ated in Charlotte County, New Brunswick. The Mount Pleasant Mine Property is approximately 80 kilometers (km) south …

ATHI RIVER MINING | Africa Business Directory

ATHI RIVER MINING (ARM) is in the business of the manufacture of Cement, Quick & Hydrated Lime, Sodium Silicate, Industrial Minerals, Special Cements and building …

Devki Group's National Cement Takes Over ARM Cement

Devki Group's National Cement has taken over Athi River Mining, ten days after the Competition Authority of Kenya approved the transaction. In addition, the National cement has retained all 1,100 workers from ARM, in line with CAK's condition to retain 95% of the staff.

From an individual miner to a multibillion cement company

ARM Cement (formerly Athi River Mining) was founded 40 years ago by HJ Paunrana, an individual miner who used to mine limestone, convert it to lime fertilizer and supplied it to coffee farms. He started with limestone which he would sell for 30 dollars a tonne then started thinking in terms of what else he…

Athi River, Kenya

The Athi River, which spans 390 kilometers before entering the Indian Ocean, is the second-longest river in Kenya. As it flows through the plains and valleys of Kenya, the river forms the majestic Fourteen Falls, meanders through Nairobi, and eventually passes through Tsavo National Park, the largest in Kenya. Here, hippopotamuses, crocodiles ...

Solved Companies Year Countries ROA FT RT GT FSAthi River …

Companies Year Countries ROA FT RT GT FSAthi River Mining 2014 Kenya 0.05 0.37 0.71 0.89 12.75Athi River Mining. Companies Year Countries ROA FT RT GT FS. Athi River Mining 2 0 1 4 Kenya 0. 0 5 0. 3 7 0. 7 1 0. 8 9 1 2. 7 5. Athi River Mining 2 0 1 3 Kenya 0. 0 5 0. 7 0. 4 6 0. 6 5 1 2. 6 5.

ARM Cement Plc (ARM.ke)

Cement products are sold under the brand name Rhino, and fertilisers under the brand name Mavuno. Known today in trading circles as ARM, the company was formerly known as Athi River Mining Limited when it was founded in 1974. Its name was changed to ARM Cement Plc in 2012. Type. Year.

Athi River Mining set for liquidation, delisting at the …

Athi River Mining set for liquidation, delisting at the NSE. Tuesday April 27 2021. An Athi River Mining company factory. The firm was once the region's largest cement maker. The company's stock was …

National cement finally takes over Athi River Mining …

Athi River Mining plant. Devki Group yesterday took over the cash strapped Athi River Mining Plc which was put under administration in August last year by some …

Athi River Mining Ltd | LinkedIn

Asst.Manager (Mechanical) at Athi River Mining Ltd. Athi River Mining Ltd | 1,150 followers on LinkedIn.

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Athi River Mining Ltd | AIRC

Athi River Mining Ltd Rhino Hse Chiromo Rd, P.O BOX 41908-00100, Nairobi, Kenya Phone: +254-203744617 Fax: +254-202667577 E-mail: info@armkenya Website:

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ARM to be finally liquidated after its revival flops

ARM to be Finally Sold After Its Revival Flops. Athi River Mining Company is to wind up its operations on 30th September 2021, bring an end to more than two years when the cement maker has been under administration. The United Bank of Africa (UBA) placed ARM under administration on August 17, 2018, over a loan default and has …

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ARM Cement Tanzania unit sold for Sh12 billion

A leading Chinese company has bought Athi River Mining (ARM) Cement's Tanzania subsidiary, Maweni Limestone Ltd, for $116 million (about Sh11.9 billion).

Athi River Mining Set for Liquidation, Delisting at the NSE

The firm was once the region's largest cement maker. The company's stock was suspended from trading on the NSE indefinitely, effective May 8, 2020. (Image Source: NMG). Troubled cement maker Athi River Mining is set for liquidation in the next five months and eventual delisting from the Nairobi Securities Exchange after more than two …

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Huaxin Cement completes Maweni Limestone acquisition

Tanzania: Huaxin Cement has announced the completion of its acquisition of Kenya-based Athi River Mining (ARM) Cement's Tanzanian subsidiary Maweni Limestone. Reuters has reported that Huaxin Cement will invest US$30m in completing upgrades to the company's plants in addition to an investment of US$116m to settle Maweni Limestone's …