Abay Cement plant to start operation in 2021

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Ethiopia: Samuel Halala, the director of Ethiopian Chemical and Construction Inputs Industry Development, says that the Abay Cement plant is 60% complete and due to start operation in 2021. The 2.5Mt project is located near Degen in Amhara Region, according to New Business Ethiopia. It has an investment of around US$260m. Once completed it is expected to create 1500 jobs.

Halala added that the country’s 21 cement plants have a production capacity of 17Mt/yr but have a capacity utilisation rate of around 60%. Only 14 plants are currently active, producing 11.5Mt/yr.

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URL: https://www.globalcement.com/news/item/10922-abay-cement-plant-to-start-operation-in-2021

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