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News Secil Lobito struggling to import raw materials

Secil Lobito struggling to import raw materials

Written by Global Cement staff 05 August 2016
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Angola: Augusto Miragaia, the director of Secil Lobito, has said that he expects his company’s sales volumes of cement to drop by 25% year-on-year to 150,000 in 2016. He attributed the fall in sales to difficulties in obtaining foreign currencies to import raw material, according to the O País newspaper.

The company, which operates a cement grinding plant in Lobito, is unable to import sufficient clinker, other raw materials or hire skilled workers. It also faces mounting fuel and electricity costs. During the past three months the plant has used clinker purchased from the Cuanza Sul Cement plant but this source stopped supplying it in late June 2016.

Angola has five cement plants and an installed capacity of about 8Mt/yr. Demand exceeded production capacity by 2.7Mt/yr in 2015. The Lobito cement plant is majority owned by Secil-Angola. The remaining 49% stake is held by Angola’s state-run company Empresa Nacional de Cimentos.

Last modified on 09 August 2016
Published in Global Cement News
Tagged under
  • Angola
  • Secil
  • Secil Lobito
  • Production
  • Clinker
  • Import
  • Empresa Nacional de Cimentos
  • GCW263

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