Cimerwa Cement Limited (CCL) is a manufacturer of cement in Rwanda with capacity of approximately 600,000 tones per year.[2]
History
The company was established in 1982, with capacity of 50,000 metric tonnes annually. It was managed by a Chinese company, CBMC, under a "build-own-operate-transfer" model. During the 1994 Rwandan genocide, plant operations were suspended and 53 employees died. In 2001, plant capacity was increased to 100,000 metric tonnes annually.[3]
In 2006, Cimerwa was privatized under the Rwanda Investment Group. Ownership transferred to several Rwanda-based institutions. PPC Limited acquired a 51 percent ownership in Cimerwa, for US$69.4 million in 2013. In 2015, the company assumed a new corporate identity to reflect the new ownership.[3]
Before November 2023, Cimerwa Cement Limited operated as a 51 percent subsidiary of Pretoria Portland Cement Company