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| Lafarge acquires a 35% stake in the Meftah cement plant in Algeria Lafarge, the world's largest cement maker, has announced the acquisition of a 35% stake in the Meftah cement plant, which is very well positioned in the Algiers market, together with a 10-year management contract. The cost of the investment amounts to €43.5 million. An investment program will be put into place to modernize the Meftah cement plant, to increase its capacity from 0.8 million to 1.1 million tonnes by 2010 and improve the plant's environmental performance. write your comments about the article :: © 2008 Construction News :: home page |