Cemengal has announced the startup of a new Plug&Grind system in Africa. The startup is this time in Zambia, and the client is LafargeHolcim Zambia. The inauguration of the Plug&Grind was performed by his Excellency the Minister of Labor, who was accompanied by the Managers of LafargeHomcim Xambia, as well as other Managers from LafargeHolcim operations in the surrounding countries. Cemengal is enthusiastic about the installation of the new system, and wishes LafargeHolcim the best in using it.
This follows the startup of a number of Plug&Grind systems in the Americas, which were announced by Cemengal at the end of 2015.
Qassim Cement Company posted a net profit of SAR159 million for 1Q14, while Umm Al Qura Cement is planning to raise SAR275 million through a flotation on the Saudi Arabian stock market.