Cemena outlines Falcon expansion plans, Bahrain

Cemena outlines Falcon expansion plans, Bahrain

Cemena Holding Company, plans to increase capacity of its Falcon Cement Company (FCC) plant, the Bahrain-based firm has announced.

Cemena, which was set up in 2008 by Gulf Finance House, told shareholders at the company's annual general meeting that it plans to raise capacity at FCC to 3500tpd in the future. The expansion of FCC will help the company meet Bahrain's growing demand for cement with the increasing number of infrastructure projects, Gulf Daily News reports.

FCC was established in 2007 by Cemena as the first integrated cement works in Bahrain with a  capacity of 1.2Mta.

Speaking of the company’s 2011 financial performance, Cemena chairman Hisham Alrayes said: "With the return of the growing demand for cement and building materials locally and in the region, Cemena successfully closed 2011 in profit," Cemena. The company achieved gross revenues of US$46.4m last year.