Cimpor bids for two Libyan plants

Portuguese cement company Cimpor - Cimentos de Portugal SGPS is taking part in the privatisation of two Libyan cement plants, it was reported on September 7, 2004.  Libya is the third market in North Africa, after Morocco and Egypt, where Cimpor now seeks entry. Cimpor presented its bid for the two Libyan plants in April 2004, in line with the country’s plans for the cement sector privatisation.

Libya has an annual installed capacity of cement production of some 5.0Mt, distributed among seven cement plants. Four of the plants have an installed capacity of 1.0Mta each, one of 800,000tpa, and one of 350,000tpa.  Cimpor did not specify the plants the company is bidding for.