Chryso Southern Africa Group which is a leading manufacturer of chemicals used in the construction industry is set to erect a factory in Kenya as from 2016. At the moment, it has opened an office in Nairobi so as to expand its services in the East African region.
“Servicing customer needs is our primary driver and the establishment of Chryso Eastern Africa further underlines our strategy to further expand our footprint in Africa,” said Chryso Eastern Africa country manager Trevor Sawyer.
He further explained that the decision to expand its operations in East African derived from the growing demand for its product in the region as a result of the massive infrastructure projects that are coming up.
“Kenya has shown impressive sales growth for the group over the past nine years, so it made good business sense to solidify our presence in the country. With logistic networks, warehousing facilities and clearing agents already established, Chryso Eastern Africa will now focus on building a manufacturing plant in the next year,” said Mr. Sawyer.
Chryso Southern Africa Group which is owned by private equity firm LBO France operates in 20 countries across Europe, North America and emerging markets which account for over 50 per cent of its business. It primarily produces concrete and cement additives used in the construction industry.
Details of the planned size of venture or the location of the plant and its size are not yet given.