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News LafargeHolcim Zimbabwe to invest US$25m on capacity utilisation

LafargeHolcim Zimbabwe to invest US$25m on capacity utilisation

Written by Global Cement staff 14 May 2019
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Zimbabwe: LafargeHolcim has allocated US$25m to LafargeHolcim Zimbabwe to raise its production capacity utilisation. The investment was announced following a meeting between President Emmerson Dambudzo Mnangagwa and Miljan Gutovic, the Middle East and Africa area director for LafargeHolcim, according to the Standard newspaper. The investment will also be used to create additional production capacity for agricultural lime and automation of a dry mortar plant. This latest cash injection follows a US$30m loan from LafargeHolcim.

Last modified on 15 May 2019
Published in Global Cement News
Tagged under
  • Zimbabwe
  • LafargeHolcim
  • LafargeHolcim Zimbabwe
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  • Investment
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