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Italcementi to build a new cement plant in Libya

Italcementi, Italy's biggest cement producer, confirms the news released by the Libyan authorities over the last days about the construction of a new cement plant in the country. The Italian company, in joint venture with the Libyan Economic and Social Development Fund, will build a new cement plant some 50 km west of Tobruk in Eastern Libya. The new jv already finalized a mining concession agreement with the National Mining Company of Libya, the government body regulating the use of mineral resources in the country. Italcementi Group will control 50% of the capital of the joint venture.



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