Cement News tagged under: Ain El Kebira
Algeria: second production unit at Ain El Kebira commissioned06 January 2017, Published under Cement NewsMinister of Industry and Mining, Abdesslam Bouchouareb, has inaugurated the second production unit at GICA’s cement plant at Ain El Kebira, Setif. The 2Mta unit will help Algeria to reach the stage of self-sufficiency in cement supply. It was also announced that the 1.5Mta Adrar cement plant is due to be commissioned by April 2017 whilst the 2Mta Chlef plant is expected by October. According to Mr Bouchouareb, national cement production should increase by 5.5Mta, leaving Algeria able to ... |
GICA’s Ain El Kebira to launch on stock exchange16 September 2015, Published under Cement NewsGroupe Industrial des Ciments d’Algérie (GICA) plans to place 35 per cent of the capital of Ain El Kebira cement plant on the Algerian stock exchange in 2016, according to its CEO, Laid Khaber. The stake will be made available to institutional investors such as banks, financial and insurance companies. However, he emphasised that the cement company’s entry to the bourse does not mean it will be privatised. |
Aïn El Kebira prepares to select successful bidder for Line 2 project, Algeria31 May 2013, Published under Cement NewsBy 2017, Algeria’s Aïn El Kebira cement plant will double its current cement 1Mta capacity as it adds a new 1Mta line. Business has been brisk for the works, which produces 1.26Mt at present, and it is expected the new line will enable the company to lift its output to 3Mt. To fund the new line the National Investment Fund has allocated ALD37bn. Tenders are currently in the evaluation stage with selection of the successful bidder envisaged for 2 June. According to the managing director ... |
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