Falcon Cement Company, Bahrain’s sole integrated cement facility, has signed an advisory and engineering service agreement with LV Technology Public Company of Thailand, to increase capacity and reduce the company’s reliance on imports.
The agreement was signed by FCC executive director Salah Sharif and LVT managing director Hans Jorgen Nelsen, in the presence of Industry and Commerce Minister Dr Hassan Fakhro and FCC chairman Hisham Al Rayes.
Mr Alrayes stated: “FCC is the first and only fully integrated cement plant in Bahrain and therefore plays an important role in the Kingdom’s economy. Leveraging LVT’s vast experience and services, FCC will increase the size of its operations and its ability to deliver more consistent supplies of cement to the domestic market with improved quality We have seen solid growth in cement demand in Bahrain over the last year. This reflects the success of efforts by the government to support economic growth and underscores the recovery of the local housing and commercial markets.” Local press reported that the new contract includes the establishment of a new back-up cement mill.
Mr Salah Sharif added: “We are extremely pleased to announce this agreement with LVT. Together we will implement a series of upgrades, which will increase production at our plant and in turn help to reduce the Kingdom’s dependence on imports. Moreover, we expect to improve the overall operational efficiency of the plant making us more competitive and ensuring that we continue to effectively meet the needs of our customers and the growing demand for high quality, locally produced cement.
Falcon Cement operates a 1.2Mta cement plant located in the Hufair industrial area. Cemena Holding Co owns an 80 per cent stake in the company.
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