Nova Cimangola to produce 1.8 million tons of cement as of April

7 March 2011

Luanda, Angola, 7 March – Angolan cement company, Nova Cimangola is set to produce, as of April, 1.8 million tons of cement per year, as compared to current production of 1.2 million tons, said Angola’s secretary of state for Industry, Ngone Gabriel Friday in Luanda.

“The new grinding unit that the company is building will start operating soon, which will make it possible to increase production,” said the secretary of state at the end of a visit to the company.

The new grinding unit, costing US$22 million, uses equipment purchased from Austria and Germany.

Kiala Ngone Gabriel noted that during his visit he discussed, with the factory’s board of directors, issues related to the market as well as the situation of the occupation by the population of some exploration areas for raw materials (lime and clay).

One of the issues is related to the fact that some imported cement is put on the Angolan market at much lower prices than those offered by Nova Cimangola, and the secretary of state said that he would put the problem to an inter-ministerial commission for re-launching the manufacturing sector.

Nova Cimangola is a publically and privately owned company that currently employs some 800 workers and has production of around 1.2 million tons of cement per year.

Angola currently has a cement deficit of 4.2 million tons per year and Gabriel said that according to projections Angola would meet demand by 2015 at the latest, and two years later may be producing 12 million tons, which is over and above the market’s needs. (macauhub)