Cement News tagged under: STG Sidi Moussa

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New 1.5Mta cement plant for Timektane inaugurated

18 December 2017, Published under Cement News

Algeria’s Prime Minister, Ahmed Ouyahia has inaugurated a new 1.5Mta cement plant in Timektane, 260km from Adrar. Further expansion of the DZD21bn (US$181m) works is planned in a second stage, which will take cement capacity to 3Mta. The project is a joint venture by STG Sidi Moussa, which owns a 71 per cent stake, and China Triumph International Engineering Co (CTIEC Beijing), which holds the balance of shares. Under a seven-year cooperation agreement, the venture’s Chinese partn...