President Uhuru Kenyatta is this morning expected to officiate the launch of Ksh. 3 billion Simba Cement Nakuru plant in Salgaa. The factory is the 5th under the National Cement that produces the Simba Cement brand and is expected to serve the western part of Kenya. The plant located in Salgaa, Nakuru is expected to create thousands of direct and indirect employment. The plant is seen as a big contributor to the Big 4 agenda and especially the affordable housing as it will make cement more affordable by reducing transportation cost. The Simba cement Nakuru plant has the capacity to produce 750, 000 tonnes of cement annually.
Nakuru once considered an industrial hub is slowly redeeming its lost glory as multinationals scramble for the fast growing town. Simba is cement is under the Devki group of companies owned by the renowned billionaire Narendra Raval popularly known as ‘guru’. Devki group also owns the Devki Steel and Maisha Mabati. Devki Steel Mills Limited is the largest steel manufacturer in Kenya with plants in Ruiru, Athi River and Mombasa.
The Simba cement Nakuru plant in Salgaa is sandwiched between Royal Industries Group’s steel factory and Megapack Kenya factory. The Megapack factory produces corrugated cartons and various papers used in packaging of different products.
Narendra Raval ‘Guru’ through National Cement Company recently acquired Athi River Mining (ARM) Cement for Ksh 5 billion. The acquisition will increase National Cement market share from the current 35 to about 40 per cent. The billionaire has also acquired the West Pokot based Cemtech Limited for unknown sum. This will give a lifeline to the cash trapped Cemtech cement whose operations have stalled after several attempts to revive it. The revival of cemtech will also open vast opportunities for West Pokot county which is rich in natural resources.