The East African Portland Cement has increased cement prices by Kes 20 per bag, citing an increase in the costs of raw materials and overhead.
In a letter, Portland Cement Head of Commercial David Kilonzo says that the Cement maker has increased 50 kilograms of Portland Pozzolanic Cement CEM IV 32.5 by 3.31 percent.
“Due to the continuous surge in raw materials prices, operating overheads and our commitment to maintain the premium brand quality that our customers have enjoyed over the years, we will be revising our prices upwards by KES 20 Per Bag with effect from 28 September 2023,” he said.
Expensive cement means contractors must dig deeper into their pockets to complete ongoing projects or those in the pipeline.
“These terms supersede any other and are subject to change at the discretion of management,” Kilonzo added.
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“Kindly be advised accordingly. We appreciate your partnership and look forward to your continued business support.”