Mining

Algeria: GICA hopes to deal with the cement deficit starting from end 2016

Saturday, 24 October 2015 12:16

The Groupe Industriel des Ciments d’Algérie (GICA) is planning to reduce the cement deficit estimated at over 4 million tons per year with 2 new cement manufacturing plant extensions in Sétif and Chlef, which will start production by end 2016, APS reports.

The two extensions, in the cement plants of Ain El Kébira in Sétif and Chlef, will each add about 2 million tons per year, Mr. Ahmed Souidi, Head of Division for the group, explained. “We are also on the verge of signing a contract with a foreign partner for the extension of the cement plants of Zahana in Mascara and Beni Sarf in Ain Témouchent”, he added.

These are projects under study which could generate additional capacity of 3.5 million tons per year.

GICA is made up of 23 subsidiaries and has a total yearly production of 11.5 million tons with a target of 15.5 million tons by end 2016 and 18.5 million tons in 2018.

On the same topic
Lindian launches A$100 million raise for Malawi rare earths project Funds to coAfrica’s Next Rare Earths Mine Moves Toward Production, With Early U.S....
Keith Hill appointed chairman as company reshapes governance Brings decades of experience in African oil exploration Move comes as Eco Atlantic...
Estimated resources rise to 1.38 billion barrels of oil equivalent Volumes remain contingent, not yet classified as recoverable reserves New drilling...
Zijin secures shareholder approval for its C$5.5 billion ($3.9 billion) acquisition of Allied Gold Deal expands Zijin’s footprint across Ghana, Côte...
Most Read
01

Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...

Drugmakers ramp up competition in South Africa’s obesity treatment market
02

WAEMU posts 3.31 trillion CFA francs trade surplus in Q4 Exports surge 50.4%, led by gold, ...

WAEMU Trade Surplus Widens to $5.8 Billion in Q4 2025 on Strong Export Gains
03

The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...

West Africa Targets Diaspora Funds With New Banking Access Rules
04

Operator explores renewable energy partnership with Italy’s Ascot Energy Move aims to stabilize p...

Ethio Telecom Turns to Green Power to Secure Network Expansion
05

First investor town hall since 2021 signals renewed engagement with markets Authorities hi...

Ghana restarts investor engagement as macro recovery firms after default
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.