Thursday, May 19, 2011

AFRICA: ZIMBAWE: Lafarge Cement in $3,3m facelift

Lafarge Cement Zimbabwe has shut down its plant in Harare for the next month to carry out plant capacity revamping that will see its productivity increasing to 80%. 

In a trading update to stakeholders the company said the facelift will cost $3,3 million. This is the second stage of the refurbishment process that begun in 2010.

“During the course of this shutdown, the plant will save 4MVA which will be available for Zesa to distribute to other electricity users,” said Lafarge Cement Zimbabwe.

Work that will be done at the plant includes kiln refractory replacement, revamping of the clinker cooler, revamping of the ball mill, refurbishment of dust suppression equipment and replacement of obsolete 3,3KV medium voltage breakers.

The company however allayed fears of cement shortage saying it would meet all its obligations to its customers.

Lafarge recently said it has in the last six years invested up to $15 million to increase plant capacity in Zimbabwe to one million tonnes.

Lafarge South Africa owns and controls 76% of the Zimbabwe Stock Exchange-listed local operation, which manufactures and supplies a wide range of building materials to the local market including cement, concrete and gypsum products.

It said it had a housing demand of more than 500 000 units and is well positioned to expand onto the continent due to its geographical location.

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