Cement News tagged under: relaunch

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DR Congo: Cimentkat to be relaunched

21 July 2016, Published under Cement News

There are plans to relaunch Cimenterie du Katanga (Cimentkat), according to the governor of Lualaba province, Muyej Mangez. The cement works, which is located in Lubudi, 300km from Lubumbashi, Democratic Republic of Congo, was shut down due to a lack of finances. However, South African investors are expected to invest in the plant, which has outdated equipment and still is required to pay 100 months in salary arrears to its workers.

Hungary: HCM needs help to relaunch cement production

22 August 2014, Published under Cement News

Hungarian cement producer Hejocsabai Cement es Meszmu (HCM) will need government support to restart cement production at its Miskolc works, according to the company's managing director, Janos Kalman. The project could only be carried out after receiving the required permits and a "specific government decision" could speed up the process. HCM intends to invest HUF9bn (US$38m) on taking the first two production lines into service. The company plans to take out a loan for about a third o...