Tribert Rujugiro Ayabatwa, founder and owner of Burundi Cement Company (BUCECO), has announced the company’s 2012 results. BUCECO, which began production in January 2011, saw cement production increase from 34 5000 t in 2011 to 70 500 t in 2012. Profits also rose, up from US$22 million in 2011 to US$31.4 million in 2012.
The 100 000 tpa plant is expected to reach full capacity this year, and the company is considering expansion and the installation of a new raw material plant in order to double the site’s current capacity. Previous to the establishment of BUCECO, Burundi met its cement needs through imports from countries such as Uganda, Tanzania and Kenya.
“BUCECO is providing a key product to Burundi and is improving Burundians' quality of life,” stated Ayabatwa. “Clearly, this country has great demand for high-quality, affordable cement and we are delighted that BUCECO can help meet the need.”
Adapted from press release by Louise Fordham.
Read the article online at: https://www.worldcement.com/africa-middle-east/18032013/burundi_cement_company_bueco_profits_production_increase_2012_921/