Trade Resources Industry Views Do lobito plans to build a new cement factory in lobito, Angola

Do lobito plans to build a new cement factory in lobito, Angola

According to local news sources, Secil Lobito C Companhia de Cimento do Lobito plans to construct a new cement plant in Lobito, Angola. The plant will have a cement production capacity of 1.2 million tpa and represents an investment of US$187 million. The plant will be located 200 m from the current 400 000 tpa Secil Lobito plant in the area.

The Angola Press Agency has also reported that a 30 000 t cement storage and distribution centre will be established in Huambo, with the aim of boosting construction and development in the region. The site will distribute cement produced at Kwanza Sul, which is expected to have a production capacity of 4500 tpa.

Concerns have been raised about the effect of competitively priced cement being imported into Angola, driving down the prices of locally produced cement.

Source: http://www.uaecement.com/newsDetail.aspx?id=861
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New Cement Projects Planned for Angola
Topics: Construction