Type Public Industry Cement Website twigacement.com Revenue 213.8 billion TZS (2013) Number of employees 341 Parent organization HeidelbergCement | Traded as DSE: TWIGA Products Twiga Cement Headquarters Dar es Salaam Founded 1966 Net income 37.5 billion TZS (2013) | |
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Twiga cement introduces a new masonry cement twiga jenga by ijumba enterprises
Twiga Cement (TPCC) is a Tanzanian company that manufactures portland cement. Twiga's cement is produced in grades of Twiga Ordinary and Twiga Extra.
Contents
Tanzanian ad film for twiga cement
History
The company was founded in 1959 as Tanzania Portland Cement Company, producing its first bag of cement in mid-1966, in association with Tanzania Development Corporation and Cementia AG of Switzerland. Major cement-producing facilities at Wazo Hill in Dar es Salaam went online in 1966. In 1973 the company was nationalized with the government of Tanzania owning 100% of shares. In 1998 the company was reprivatized by the government, Scancem of Norway and Swedfund. By 2005 Twiga was a part of Heidelberg Cement Africa, of which Scancem is subsidiary.
Location
The Twiga cement factory is located about 30 km northwest of Dar es Salaam. Offices are located in Dar es Salaam.
Listing
The company is listed on the Dar es Salaam Stock Exchange under the symbol TWIGA.
Competition
Other major cement producers of Tanzania include: