Cement News tagged under: Algeria
Algeria: SCS receives bids for Oum-El-Bouaghi plant construction31 March 2014, Published under Cement NewsSociété des Ciments de Sigus (SCS) has received bids from French, Danish and Chinese bidders to build its new cement works in Oum-El-Bouaghi, Algeria. The EUR350m project will see the construction of a 2Mta cement works, which is part of the investments planned by Groupe Industriel des Ciments d’Algerie (GICA). A site survey of the 119ha plot has been carried out and the authorities have given SCS the go-ahead to start work in terms of earthworks and securing the site. Commissioning ... |
ASEC in talks to sell Zahana stake, Algeria21 March 2014, Published under Cement NewsASEC Cement, a subsidiary of Citadel Capital, is looking to divest its minority stake in Zahana Cement Company of Algeria. In a statement released yesterday, Citadel Capital said that Yahia Bachir, director General of Ciments Algerie (GICA) – the Algerian holding company that controls all public-sector entities operating in the building materials sector – has publicly stated that the Algerian state is studying “buying out its Egyptian partner in a cement plant project.” Citadel Capital ha... |
Algeria sees decline in January imports21 March 2014, Published under Cement NewsAlgerian cement imports fell 13.6 per cent YoY during January 2014 as the value of imports fell from US$26.79m to US$23.16m. In terms of volumes, January saw cement imports contracted from 326.79t to 266.87t. Algeria expects to cease cement imports in four years’ time as it develops its national production capacity, said the country’s Minister for Industrial Development and Investment Promotion, Amara Benyounes in a recent statement. |
Algeria: Lafarge joint venture awarded project permits13 March 2014, Published under Cement NewsCILAS Biskra, the cement joint venture between Lafarge (49 per cent stake) and Algerian businessman Souakri, is one step closer to the construction of its new plant. The project received all necessary approvals, said Luc Callebat, CEO of Lafarge Algeria. The works is expected to produce 2.7Mta when it comes on-stream in mid-2015. However, the completion of a second production line will see this figure rise to 6Mta. The plant will be the third co-owned by Lafarge, which holds a 49 per ... |
ThyssenKrupp wins Algerian greenfield order05 March 2014, Published under Cement NewsThyssenKrupp Industrial Solutions has received an order to build a cement clinker production line in Algeria from Société des Ciments de Ain El Kebira (SCAEK), a subsidiary of Algerian cement manufacturer Groupe Industriel des Ciments d’Algérie (GICA). The new 6000tpd cement clinker plant will be built in Ain El Kebira, around 300km east of Algiers near the provincial capital Setif. Start-up is planned for 2016. The order includes the supply of key components for operations including raw... |
Algeria to import 240,000t of cement24 February 2014, Published under Cement NewsTo alleviate the present cement shortage, Groupe Industriel des Ciments d’Algérie (GICA) has appointed Star Commercial Ltd of the British Virgin Islands to import 240,000t of cement. Algeria’s supply-demand gap currently runs over 5Mt as the country’s cement plants produce 18Mt. The volume, divided in consignments of 80,000t will be delivered to the DNC subsidiaries in the port of Djendjen, Sodmac in Oran port and Sodismac in the port of Alger. The value of Portland cement imports re... |
PPC set to enter the Algerian cement market10 February 2014, Published under Cement NewsPPC announced that advanced plans are in place to enter the Algerian cement market through a partnership with Algerian private sector investors in Hodna Cement Company. Hodna will be constructing a 2Mta plant for approximately US$350m in the Hodna area, roughly 300km east of Algiers and close to the university and technology-focused town of Setif. PPC will acquire a 49 per cent stake of Hodna and assume management control which allows for the consolidation of the financial results of thi... |
New Algerian cement plant contract awarded30 December 2013, Published under Cement NewsChina Triumph International Engineering Group Co (CTIEC) has signed an EPC contract with STG Engineering and Real Estate Development Company for a 4200tpd line in Algeria. To be situated in the southern city of Adrar, the plant will involve a complete production line from mining to dispatch. With a total annual capacity of 1.5Mt, the new facility will also be able to produce 200,000tpa of oil well cement - marking the first time CTIEC's oil well cement technology will be employed in Alger... |
Tebessa, Ain Kebira and Chlef to go public, Algeria11 November 2013, Published under Cement NewsThe Algerian cement plants of Tébessa, Ain Kebira and Chlef have been selected to go public. In a statement to APS, the president of the Stock Exchange Supervisory and Organising Committee, Abdelhakim Berah, said these GICA factories were among the strongest in the country. For instance, Chlef has the largest production capacity in Algeria. The step indicates a further privatisation of the Algerian cement industry. In 2008, Hadjr-Soud and Sour El Ghozlane started their partnership with ... |
Algeria imports 3.6Mt of cement in 9M201328 October 2013, Published under Cement NewsAlgerian cement imports jumped by 65 per cent in terms of value and 70 per cent in volume during the first nine months of 2013, according to the country’s customs statistics office. Imports of cement rose from US$194.77m to US$322.5m during the first nine months of 2013 when compared with the equivalent period of 2012. Import volumes increased from 2.109Mt to 3.595Mt – mostly Portland cement, which represented US$283.8m and 3.076Mt. Algeria’s cement deficit currently exceeds 5Mta with... |