Displaying items by tag: Comoros

Comoros: Cimentos Comores is considering finding temporary sources of bagged cement after its regular bulk deliveries via the Port of Moroni, Grand Comore, became disrupted. Al-Watwan News has reported that a malfunctioning landing buoy has prevented cargo ships from landing at the port.

Cimentos Comores said “In the absence of a technical solution, we will be forced to cancel the operations.”

Africa/Asia: Holcim has agreed to sell Holcim Madagascar, Holcim Reunion, Lafarge Comoros, Lafarge Mauritius and Lafarge Mayotte to Cementis Océan Indien, a newly launched subsidiary of Mauritius-based Taylor Smith Investment. The Les Echos newspaper has reported that Cementis Océan Indien's acquisition of Lafarge Seychelles is on-going.

Cementis Océan Indien chair Colin Taylor said "The companies that have been bought are all financially solid.” He added "Cementis is positioned as the regional leader in the production and distribution of cement."