Cement News tagged under: Secil Lobito
Angola: foreign currency availability restricts Secil Lobito's output11 August 2016, Published under Cement NewsThe lack of foreign currency availability is impacting on Angolan cement producer, Secil Lobito. The company needs foreign currency to buy clinker for its Lobito works in southern Angola. During the last three months the factory has been operating with clinker purchased from the Cuanza Sul Cement Factory, which stopped supplying it in late June, and now the plant needs foreign clinker to sustain its production levels. On the back of such challenges, Secil Lobito cement company’s prod... |
Secil Lobito outlines plans for new plant, Angola26 April 2013, Published under Cement NewsSecil Lobito plans to invest US$187m in a new cement plant in in Lobito, Angola, the company's chief executive has said. Augusto Manuel Miragaia, CEO of Secil Lobito, told local press that the new 1.2Mta plant will be built located some 200km from the company’s 0.35Mta grinding works which is situated near Lobito port. A construction start date is yet to be confirmed. Secil Lobito is a joint venture between the Portuguese Secil Group (51 per cent) and the Angolan state (49 per cent). It... |
Angola expansion points to fast growing market10 December 2012, Published under Cement NewsPortugal’s Secil leapt on to the African cement news pages this week with its announced intention to increase production at its Lobito plant in Angola from 0.28Mta to 1.8Mta. This will be a significant boost to the Angolan cement capacity, which currently stands at around 5Mta. The US$150m Secil Lobito expansion project will take three years to complete. The plant is 51 per cent owned by Secil and the Angolan state cement company holds the remaining 49 per cent of shares. After years of ci... |
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