Lafarge to set up two cement plants in Algeria – report

Lafarge will build two cement plants in Algeria in partnership with local private group Sagremac.

Thanks to the two projects, the French company will be able to boost its positions on the Algerian market.

The first cement plant will be built in Biskra, in the south-eastern part of Algeria, for US$400m, while the second unit will be located near Constantine, in eastern Algeria. The investment in the second facility is also US$400m.

Abstracted from an original article in La Tribune.