Ohorongo Cement
| Industry | cement |
|---|---|
| Founded | 2007 |
| Headquarters | Windhoek, Namibia |
Key people | Gerhard Hirth, Klaus Bauer, Peter Frank Koep |
Number of employees | 300 (expected 2010/2011) |
| Parent | Schwenk Zement KG |
| Website | www.ohorongo-cement.com |
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]
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
[edit]- ^ a b "Schwenk Zement to exit Namibia". International Cement Review. 15 March 2019.
- ^ "First Step to Ohorongo Cement Production Process [[Namibia Economist]] 6 Feb 2009". Archived from the original on 16 July 2011. Retrieved 9 March 2010.
- ^ Preheater is one of the tallest buildings in Namibia, Die Republikein 10 February 2010
- ^ Duddy, Jo-Maré (18 November 2009). "Billions flow for Ohorongo Cement". The Namibian.
- ^ "About Us". Ohorongo cement. Retrieved 30 November 2020.
- ^ "Competition Commission turns down Chinese offer to buy Ohorongo". Informanté. 4 August 2020.