Lafarge,2mln ton/year capacity a world leader in building materials, is to setup a 300 million Euro cement factory in Ethiopia’s Oromia RegionalState.
Pierre Boedoz, Economic and Commercial Counselor for Ethiopia andDjibouti, told Capital that the company has an exploratory license fromthe Ministry of Mines and Energy.
Present in 76 countries, the Lafarge Group employs a 90,000workforce at 2,000 production sites and had sales of 17.6 billion Eurofor 2007.
Lafarge, on January 2008, announced the acquisition of 100% of OrascomCement, the leading cement group in the Middle East and theMediterranean Basin.
There are currently 18 existing and registered cement factories in Ethiopia.
Dejen Cement Factory is a subsidiary company at MIDROC Group ownedby Derba MIDROC Cement PLC. The factory is expected to begin productionnext year and has an annual production capacity of 134,377 tonnes ofcement.
Cement is by far the most important construction materialmanufactured in Ethiopia accounting for about 90% of the gross value ofproduction of non-metallic building materials.
The first cement plant to be established in Ethiopia was Dire DawaCement and Lime Factory. It was built by the Italian occupying forcesin 1938 to expand infrastructure development for their colonial needs.It had a capacity of 120 tonnes of clinker per day.