HeidelbergCement considers adding to African capacity
                            
                                
                                
                                        
                                            
                                        
                                
                                    
                                        Published by Katherine Guenioui,
                                        Editor
                                        
                                    
                                World Cement,
                                
                            
                        
In an interview with Bloomberg, HeidelbergCement’s CEO Bernd Scheifele said that Africa is an important part of the company’s ‘emerging markets exposure’. Dr Schiefele was speaking ahead of the opening of HeidelbergCement’s grinding plant in Burkina Faso. With capacity of 700 000 tpy, the new plant will bring the company’s capacity within Africa to about 10 million tpy. The company already has operations in Ghana, Benin, Liberia, Tanzania, Sierra Leone, Togo and the DRC. Dr Schiefele reportedly told Bloomberg that it was considering adding South Africa and Mozambique to this list, though he did not give any details of specific investment plans.
Adapted from source by Katherine Guenioui
Read the article online at: https://www.worldcement.com/africa-middle-east/06032015/heidelbergcement-considers-adding-to-african-capacity-467/
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