East African Portland Cement PLC (EAPCC) has shut down its Athi River-based factory for a Sh400 million upgrade in a plan to triple production capacity by 2026.
ย “We are doing the second phase of our machines upgrade, which is basically targeting to increase our output. Our target is that by June 2026 we should be able to produce 1Mt/yr of cement. Seven local contractors are spearheading the upgrade of this plant. They will work with us during the 25-day closure of this facility.” Said Oliver Kirubai, EAPCC’s managing director
The current production capacity of the plant is 310,000t/yr.
EAPCC recorded a loss of US$9.8m for the financial year ending June 2023, despite making a profit of US$4m in the previous year.
This shift was due to increased costs elevating the firm’s cost of sales to US$29.4m from US$29.9m, despite a 37% increase in revenues to US$21.9m from US$15.9 in the previous year.
