Cement News tagged under: Scancem

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New Guinea-Bissau grinding plant seeks IFC loan

12 January 2015, Published under Cement News

HeidelbergCement subsidiary Scancem, in partnership with Maxime Cardoz, a private investor from Senegal, has applied to the IFC for a loan of EUR11m to help finance Guinea-Bissau's first grinding plant. The Cardoz Cimentos de Bissau project, which is 60 per cent owned by Cardoz and 40 per cent by Scancem, would be located 1.5km from the port of Bissau, a  plant location in an area which currently absorbs 50 per cent of the country's cement consumption. The project has an estimated cost of ...