10 October 2017
National Committee for Cement Companies says Saudi Arabian market only needs four producers 10 October 2017
Saudi Arabia: Jihad Al Rashid, the head of the Saudi National Committee for Cement Companies, has said that the local market only needs four large cement producers. He added that the industry does not need the 17 cement companies it has at present, according to the Al Eqtisadiah newspaper. The owners and shareholders of these companies are ‘seriously’ considering merger options. Al Rashid also said that the government and consumers would benefit from a consolidated industry.
Libyan Cement Company inspects Benghazi cement plants 10 October 2017
Libya: British consultants on behalf of the Libyan Cement Company have met with the Benghazi Mayor Abdelrahman Al-Abaar in order to help restart two cement plants in Benghazi and Hawari. Work is due to commence on removing land mines from the sites as well as an assessment of damage caused to the units from fighting that took place in 2016, according to the Libya Herald newspaper. The Libyan Cement Company announced that it was going to reopen the plants in May 2017.
Dangote Cement strikes deal with Zambia Railways 10 October 2017
Zambia: Dangote Cement Zambia has contracted Zambia Railways to transport 2000t/month of cement and 500t/month of coal. Zambia Railways is transporting cement from Ndola to Lusaka and coal from Batoka to Ndola on behalf of Dangote Cement, according to the Times of Zambia newspaper. The cement producer operates a 1.5Mt/yr integrated plant in the country with 1200 employees and a fleet of over 500 trucks. It also runs a 30MW coal power plant.