Cement News tagged under: Libyan Cement Co
Benghazi Cement takes initial steps to reopen10 October 2017, Published under Cement NewsBenghazi’s Hawari cement factories, in Libya, is being helped to reopen. British consultants met with the city's Mayor Abdelrahman Al-Abaar last week in talks on restarting the stalled factories, reports Libya Herald. Work is to start on demining work on the premises and its surroundings together with an assessment of the huge damage caused by the extensive fighting that took place in and around the factory. Plans to rebuild and reopen the two cement factories in Benghazi’s Hawari distr... |
Libyan Cement Co works towards resuming plant operations16 May 2017, Published under Cement NewsThe joint owners of the Libyan Cement Company (LCC) are working together to resume operations as quickly and safely as possible at its two cement factories that were heavily damaged last year during fighting in the region, local media have reported. LCC is owned by the Economic Social Development Fund (ESDF) and the Benghazi-based Libya Holdings. The dominant player in the east of the country, LCC has a 1.5Mta facility in Benghazi and the 0.9Mta Al Fataiah plant in Derna, around 250km to t... |
Libya Holdings Group to buy out Asamer interest in LCC29 April 2015, Published under Cement NewsBenghazi-based Libya Holdings Group is to acquire Austrian majority owner Asamer in the Libyan Cement Company (LCC), according to reports in the Libyan Herald. Asamer bought into LCC when it was privatised in 2008 paying LYD200m for a 50.6 per cent share. The remaining equity was held by the Economic and Social Development Fund. Ten percent of the ESDF’s shares were supposed to be distributed to the workers. Asamer was seeking investors and strategic partners to take on its Libyan busine... |
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