Algerian Cement Company ACC, subsidiary of the Egyptian Orascom Group, is to export sooner about 7000t of white cement to Spain among the first production quota of its new cement factory in Afaz area, Mascara province, ACC General Manager told El Khabar.
Mr. Ayman Anis indicated that ACC is to export about 250,000t of white cement to several countries which sealed contract with, including Spain, Italy, Syria and the United States.
ACC currently holds three cement factories in Algeria reaching not only to offer cement with competitive prices but also to cover local market demands permitting, thus, to Algeria to reach self-reliance.
The General Manager of ACC expected that his company is to bring down current grey cement soaring prices while launching a new grey cement factory scheduled later January with an annual production capacity reaching 2.5Mt.
Orascom Group’s global investments in Algeria reached about US$2.5bn with two cement factories in Mascara as well as ammoniac partnership company with Sonatrach in Arzew.