◂ Announcements

Mar 18, 2019INVESTMENTBenghazi and Derna, Libya, Libya

Libya Cement Co launches EUR200M investment programme

Libya Cement Co announced a EUR200 million investment programme over five years to increase cement capacity from around 2Mta to over 3Mta. The Benghazi factory restarted production on March 7, 2019, and the Al Fataiah factory at Derna is being repaired with kiln B work underway.

Value

$226.0M (200.0M EUR)

Jobs

150

Status

Announced

Capacity

3Mta of cement

Productscement

CompaniesLibya Cement Co

Sectors#Construction Materials

“Kilns are turning, mills are grinding, and trucks are rolling out the gates bringing cement to the people of Benghazi for the first time in five years.”cemnet.com

1 source
cemnet.comLibya Cement Co launches EUR200m investment programmeMar 18, 2019

Summarized from public sources; check the original articles before acting on it.

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