New kids on the block, disrupt Hima Cement and Tororo Cement’s growth; Kampala Cement bites out UGX186bn chunk as Simba Cement forces industry price cuts
Hima Cement's new Tororo Plant. Although the new plant grew the LaFarge owned company's production capacity to 1.9 metric tonnes a year, this is yet to have an impact of the bottomline as the company has come under intense competitive pressures
The Ugandan Cement Industry has historically been a playground for two rivals- Hima Cement and Tororo Cement, the latter being the market leader with about 55%-60% market share and Hima with about 40%.
Hima Cement is owned by LafargeHolcim, the global Swiss-headquartered giant, formed by the 2015 merger between France’s LaFarge and Switzeland’s Holcim. Tororo Cement is owned by a recl
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