TCPLC Profile
Tanga Cement PLC 's history and achievements can be summarized as below:
1970: National Development Corporation of Tanzania assigned the job of preparation of feasibility report for setting up a cement plant in Tanzania to French firm – Messrs Fives Lille-Cail
1978: Construction of the Tanga Cement PLC plant started
1980: The Tanga Cement PLC Plant was commissioned.
1981: The Plant was officially inaugurated by H.E The President of the United Republic of Tanzania, the late J. K. Nyerere
2009 - 10:Company ownership is as follows
- 68.3% - Scancem International DA (change from 62.5% AfriSam Mauritius)
- 30.57% Tanzania General Public and Institutions.
- 1.10% Employee Share Trust
With 15000 Tanzanian being the shareholders, Tanga Cement PLC shares trade under its brand name, Simba, at the Dar es Salaam Stock Exchange.
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