Cement Net Report: Namibia Ohorongo Cement Plans to Sell Cement Business

2025-06-12 10:42:10

Ohorongo Cement, one of the largest producers in the Namibian cement market, is considering selling its business to Whale Rock Cement due to overcapacity and reduced exports. Namibia's annual cement demand is about 600,000 tons, and the local factory's production capacity is 2.6 million tons. The imbalance between supply and demand makes it difficult for the company to make profits. Ohorongo Cement is valued at about $110 million, and its shareholders include German companies. Chinese companies are buying stakes. The sale plan may trigger industry consolidation, and Chinese companies may bring new technology and management experience.

Namibia's cement market is facing a dual challenge of overcapacity and reduced exports, which has forced Ohorongo Cement, one of the country's largest cement producers, to consider selling its business.

Ohorongo Cement plans to sell its business to rival Whale Rock Cement, mainly because the company's cement production far exceeds the local market demand and exports have fallen sharply. Hans-Wilhelm Sch Schütte, managing director of the company, said that Namibia's annual demand for cement was about 600,000 tons, but the local plant had a capacity of 2.6 million tons. This huge imbalance between supply and demand has led to a serious oversupply, making it difficult for companies to maintain profitability.

Ohorongo Cement is one of Namibia's largest cement producers and has been run by Hans-Wilhelm Sch Schütte since its inception in 2008. The company is valued at about $110 million (N2bn). Its main shareholder is German cement giant Schwenk Zement, but now a Chinese company, West China Cement, is buying a stake in Schwenk. In addition, the Development Bank of Namibia, the Development Bank of Southern Africa and the Industrial Development Corporation of South Africa are significant shareholders in Ohorongo Cement. After years of capacity expansion,

Namibia's cement market is now facing the challenge of overcapacity. The sale of Ohorongo Cement is likely to trigger further consolidation in the industry, prompting other producers to re-examine their market positioning and strategies. In addition, with the increasing influence of Chinese enterprises in the African cement market, Chinese cement enterprises may also bring new technology and management experience to Namibia's cement industry.

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On June 10, 2025, the Korea Cement Association released the "2050 Strategic Plan for Achieving Carbon Neutrality in Korea's Cement Industry" at the Cemtech Asia 2025 Conference. It plans to gradually reduce greenhouse gas emissions by 2030 and 2050 and eventually achieve carbon neutrality. The Cemtech Asia conference attracted experts from many countries to discuss the low-carbon transformation of the cement industry. Korea Cement Association put forward three pillar strategies to reduce emissions, including promoting ESG management, and also elaborated the specific direction of technology research and development to achieve the goal.

2025-06-13 10:46:47

Ohorongo Cement, one of the largest producers in the Namibian cement market, is considering selling its business to Whale Rock Cement due to overcapacity and reduced exports. Namibia's annual cement demand is about 600,000 tons, and the local factory's production capacity is 2.6 million tons. The imbalance between supply and demand makes it difficult for the company to make profits. Ohorongo Cement is valued at about $110 million, and its shareholders include German companies. Chinese companies are buying stakes. The sale plan may trigger industry consolidation, and Chinese companies may bring new technology and management experience.

2025-06-12 10:42:10

The cement market in South Africa is highly competitive, with imported cement and international giants hitting the local market. Although local PPC companies are improving their competitiveness, such as building a new plant worth 3 billion rand, the high cost of cement production in South Africa affects local manufacturers. The government should play a role in public safety and fair competition to solve the problems related to cement in the grinding station. Overseas giants have entered the South African market, Chinese enterprises have entered through the acquisition of assets, PPC has responded positively, and plans to build new factories to replace old factories to enhance competitiveness.

2025-06-12 09:55:56

In 2024, the cement output of Tanzania will reach 10,929,567,600 tons, the domestic demand will be about 8.5 million tons, the surplus will be 2,429,567,600 tons, and about 22.2% of the surplus will be exported to neighboring countries. Companies such as Dangote are major players in exports, earning foreign exchange for the country and increasing its influence. The cement industry also creates 12500 jobs (including direct and indirect jobs), covering many links, providing income sources for residents, and promoting social and economic prosperity and national economic growth.

2025-06-11 11:03:01

By the end of May 2025, Morocco's cement delivery exceeded 6 million tons, an increase of 9.48% over the same period in 2024. From the breakdown of use, distribution delivery volume ranks first, and ready-mixed concrete and precast concrete have their own delivery volume data. In May alone, the delivery volume reached 1.52 million tons, an increase of 6.99% over May 2024. These data come from the monthly reports issued by the relevant departments of the Moroccan state, and the statistics come from the internal data of the members of the Moroccan Cement Manufacturers Association, which includes a number of member enterprises.

2025-06-11 10:30:21

Thailand's total cement production capacity has reached 66 million tons, which reflects the further development of its domestic cement industry. The increase of production capacity will help to meet the needs of Thailand's domestic infrastructure construction, which is of great significance to promote the relevant construction of the country. Moreover, the increase of cement production capacity in Thailand may also affect the surrounding countries, which will have a certain impact on the cement export pattern of the surrounding countries.

2025-06-10 11:17:15

A new cement plant has been put into operation in Aura District, Kampong Speu Province, Cambodia, with a joint investment of 250 million US dollars by Conch Cement and Cambodian investors. This is the sixth cement plant in Cambodia, bringing the total production capacity to about 11 million tons per year. At present, six cement plants have been operated, and four are in different situations. With the establishment of the cement plant, Cambodia has changed from relying on imports to being self-sufficient. In 2024, Cambodia will export more than 30,000 tons of cement to Thailand, and due to the growth of construction demand, the demand for cement in Cambodia will soon exceed 10 million tons per year.

2025-06-10 10:17:46

In order to promote the process of national reconstruction, the Ministry of Economy and Industry has formulated a policy to abolish taxes on the cement industry. This initiative covers cement products produced by the public and private sectors. As cement is a key material for infrastructure construction when the country is about to be rebuilt, it is of great significance to enhance its competitiveness. Therefore, the government promotes the development of the cement industry by abolishing taxes. This policy will also play an active role in the reconstruction process of Syria.

2025-06-09 15:17:34

The demand for infrastructure and housing in India is booming, and Ambuja Cements has risen strongly in this wave. It is part of the Adani Group and has become the second largest cement producer in India. Its products are widely used in housing and infrastructure construction in India, accounting for about 30%, which is an important force to promote the development of Indian construction.

2025-06-09 15:01:46

The expansion project of Pioneer Cement Plant was completed and the Ethiopian President attended the opening ceremony. The project is a joint venture between Egyptian and Chinese investors, creating 550 direct jobs. Ethiopia's mining minister said that the annual cement production capacity reached 20 million tons, and efforts are being made to increase production. Ethiopia has expanded its production capacity in many fields to help the construction industry. Pioneer Cement Plant has put high-quality cement into production, increased production capacity and played an important role in many aspects. The utilization rate of Egyptian cement production capacity is about 50%, and export is crucial to improve the utilization rate, but as a landlocked country, export is facing challenges.

2025-06-06 10:06:17

Pacific Cement Philippines' Luzon Cement Terminal, which is operating in early 2026, is building a 3.72 billion peso Luzon distribution terminal in Bataan. The company plans to increase production to 5 million tons and reach 10% market share by 2030, and will use terminals to distribute environmentally friendly blended cement. Pacific Cement welcomes the provisional safeguard measures imposed by the Philippines on imported cement, and the DTI has issued relevant orders. The company, a Cebu subsidiary of the Group, has a production capacity of 3 million tons and invests in sustainable development and community support projects.

2025-06-06 09:53:54

The production and distribution costs of cement in Argentina are subject to inflation, which causes frequent price changes. During the peak construction season, there is a strong demand for key materials such as cement and bricks, and prices are rising. The quantity of material supply also has an impact on the price. During the peak period of construction, the supply of some materials is limited and the price fluctuates significantly. In short, the price of building materials such as cement in Argentina is affected by a combination of factors such as inflation, changes in demand and supply.

2025-06-05 13:24:26

In June 2025, the cement market price in India fluctuated significantly. Cement prices in South India have risen sharply, while in other regions, they have either fallen slightly or remained flat. This different trend in prices across regions has had an impact on the average price of cement across India. In general, the cement market in India showed a complex price trend due to regional differences in the month, with the price trend in South India being more prominent in the cement price pattern across India.

2025-06-04 10:25:54

In the first ten months of this fiscal year (2024.7-2025.4), Pakistan's cement export volume increased by nearly 29% year-on-year to 7.4 million tons, but the overall shipment volume only slightly decreased by 0.32% to 37.336 million tons, mainly due to the sluggish domestic demand. Domestic sales fell by 5.55% and export volume increased by 28.77%. In April 2025, the total shipment volume increased by 13.24% compared with the same period last year. APCMA called on the government to introduce measures to stimulate domestic construction activities. The cement industry in Pakistan is affected by the economy and cost, and relies on exports to digest production capacity.

2025-05-06 15:35:01

On June 12, the Bureau of Economy and Information Technology of Mianyang City replied in the column of "Interaction between the Government and the People > Mayor's Mailbox" on the official website of Mianyang Government that cement enterprises have carried out hazardous waste co-disposal, passed the identification of differentiated peak-shifting production reduction and exemption, and enjoyed relevant preferential policies. If they want to continue to enjoy differentiated peak-shifting preferential policies in the future, whether they need to be re-identified every year.