His Excellency, Ato Hailemariam Desalegn the Prime Minister of FDRE officially opens the first line HABESHA Cement plant and fire the plant.
HABESHA Cement Share Company hosted high level government officials, investors, community stakeholders and key customers at the official opening of its integrated cement plant today, 19 April 2017. The modern state-of-the-art cement plant with an annual capacity of 1.4 million cement tons is said to contribute significantly to Ethiopia’s ever-growing infrastructural development.
The Project had a total cost of ETB 3,244,832,054.64 (USD 155,260,730.41)
HABESHA Cement Share Company is committed to playing its part to grow the Ethiopian economy and has shown its confidence in the region by making a significant investment through the plant and ensuring that citizens meaningfully participate in its construction as well as securing employment. The new world-class facility that possesses the latest technology in the construction industry was built to international standards, with expertise from Northern Industries Group Ltd (NHI), a Chinese state- owned company. NHI also contracted local labour as part of its workforce on the project, as well as meeting Ethiopia’s non-negotiable local supply requirements.
During the construction, the project employed more than 650 Ethiopians on permanent and temporal basis. It is also hoped that the project after completion will create a permanent job opportunity for 450-500 people in the country. The new factory will provide additional opportunities for local businesses.
HABESHA Cement Share Company’s main objective is to provide real value to customers and stakeholders through every aspect of doing business. The Company’s philosophy is about more than providing a bag of cement. “HABESHA IS MORE THAN CEMENT” ethos means a commitment to making a sustained positive impact to Ethiopia’s people, communities and economy. It also means becoming a brand of choice, not only because of the good quality products that HABESHA Cement will supply in the market, but also because HABESHA Cementis truly a cement producer for the people of Ethiopia with over 16,500 shareholders and will provide customers with excellent service and technical advice with the backing from its partner PPC Ltd; the largest cement supplier in Southern Africa with 125 years of cement and concrete experience.
Environmental compliance is another pillar that HABESHA Cement is passionate about. A strong compliance framework exists within the Company with the objective of achieving best practice environmental protection.HABESHA Cement will strive not only to provide customers with cutting-edge products and services, but will mould a genuine partnership and an ongoing relationship with its customers and community.
Speaking at the event HABESHA Cement Share Company’s Chairman Mr Tamiru Wondemagegnehu noted that the completion of the HABESHA factorywas an epic milestone of enormous significance and implication in national developmentthat brought together over 16,500 shareholders in all corners of Ethiopia on board. “It would be appropriate to honour and commemorate all stakeholders who made us proud to see this gratifying accomplishment.”
Also at the event were government officials, Captains of Industry senior executives from PPC Ltd, investment partners, Industry bodies, customers and community stakeholders.
About HABESHA Cement Share Company
HABESHA Cement Share Co. is a cement manufacturing business which was incorporated in September 2008 as per the commercial code of 1960 of the Federal Democratic Republic of Ethiopia. The project idea was launched in October 2008 and shares were floated for public subscription. The new plant of HABESHA cement Share Company is located in Oromiya regional state, Holeta town, 35 km from Addis Ababa.
The construction of the plant which is now completed and has a 3,000 ton clinker and 4,500 ton Portland Pozzolana Cement per day capacity which is 1.4 million ton per year at full capacity operation.
Products and Service Offerings
- Ordinary Portland Cement (OPC) 42.5R
- Portland Pozzolana Cement (PPC) 32.5N
Habesha Cement Share Company with a vision of becoming the largest producer of cement and other construction materials in the region plans to massively invest in construction products.
The company has its goals to produce quality gypsum to feed the fast growing construction of high rise buildings in the country as well as to exporting gypsum board, which is often imported from overseas. Moreover, it will supply concrete that will be mixed with an adequate proportion and quality of gravel, sand, and cement.