Lobito, Angola, 5 Feb – Cement company Secil-Lobito increased its production by over 50 percent in 2006 to 173,000 tons from 115,000 in 2005, said chairman Victor Rodrigues.
Speaking to Angolan news agency, Angpop, Rodrigues said economic stability and several large construction projects in Benguela province had contributed to the increase in production.
However, Rodrigues admitted that production at the cement factory was not enough to fulfil demand and so Secil-Lobito had imported cement from Portugal, despite the expense this implied.
Despite the costs, Rodrigues said that it was company policy to prevent cement going out of stock.
Secil-Lobito is 49 percent owned by Angolan state company Encime and 51 percent owned buy Secil Angola. (macauhub)