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Firm cuts prices on efficiency

NEWS
By Otiato Guguyu | July 20th 2017

East African Portland Cement Company (EAPCC) has cut the price of its flagship Blue Triangle product by 10 per cent on improved efficiency.

A bag will now cost Sh540 after the company slashed its ex-factory price, saying the windfall to customers follows cost savings as a result of improved processes. The prices may, however, vary per distributor.

The listed manufacturer, which is currently implementing a strategic turnaround plan, says it has also bolstered its financial performance and ensured consistent product availability.

“Over the past 10 months, we have been re-engineering our processes from production to distribution, sales and marketing besides securing availability of raw materials and working on cost management,” said EAPCC Managing Director Simon Peter Ole Nkeri.

Cement prices are at a 10-year low following cheap imports from China, India and Pakistan and uptick in local production.

Dealers in Nairobi are currently selling a 50-kg bag of cement at an average of Sh600 from Sh750 in 2008. 

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