Thursday, April 21, 2011

SOUTH AFRICA: Sephaku Plans to Build New Cement Plant in South Africa

Sephaku Holdings Ltd. said its cement unit plans a 3,000 metric ton per day clinker and cement production facility in South Africa's Limpopo province.

Construction of the plant is expected to begin in 2013, Sephaku Cement Managing Director Pieter Fourie said in a statement to the Johannesburg Stock Exchange today. Production should follow two years later, helping to reverse shrinking clinker capacity for next five to eight years, he said.

Sephaku Cement is 64 percent-owned by Dangote Cement Industries Plc, Africa's biggest cement maker.

The company did not say how much it would spend on the plant in the Limpopo town of Dwaalboom, about 300 kilometers north (186 miles) of Johannesburg. Dangote Cement, which is listed in Nigeria, said April 13 that it would invest $3.9 billion constructing plants in South Africa, Ethiopia, Cameroon, the Republic of Congo and Gabon.

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