LCC looks to restart production in Benghazi
Published by Jonathan Rowland,
Editor
World Cement,
Libyan Cement Co. (LCC) has begun the process of restarting production at its plants in Benghazi, Libya, according to local media reports, a process that could take around a year.
“In March/April 2016, the Benghazi cement factories were caught up in the battles between the Libyan National Army and militia groups opposing them,” the company said in a statement. “Heavy fights between these two groups caused major damage to LCC premises.”
According to LCC, the damage will require an investment of tens of millions of euros to repair. The project will involve making the site safe, sourcing and importing parts and supplies, finding skilled construction workers, and restoring infrastructure that supplies with plant with electricity and gas.
“Already orders are being placed and plans for making the site safe are well advanced,” LCC said.
Read the article online at: https://www.worldcement.com/africa-middle-east/15052017/lcc-looks-to-restart-production-in-benghazi/
You might also like
Planned spin-off of Holcim’s North American business expected to occur in H1 2025
Holcim is progressing on the planned full capital market separation of its North American business, planned by way of a 100% spin-off to be listed on the New York Stock Exchange.