Crisis in Angola leads to a drop in cement consumption

15 November 2018

Cement consumption in Angola stood at 26% of production at the end of October, due to the many construction works coming to a standstill and the shortage of foreign currency, said the president of the Angolan Cement Industry Association (AICA).

Manuel Pacavira, who was speaking to the Angop news agency, also said he doubted that cement consumption in the country could reach 30% of production by the end of the year.

With an installed capacity of 6.5 million tons of clinker and 8.64 million tons of cement per year, cement consumption in 2017 amounted to 2.63 million tons.

Statistical data published at the 3rd edition of the Industry Fair (Expo-Indústria) and Projekta-Civil Construction Fair showed that in 2014 4.91 million tons of cement was produced, a figure that increased to 5.19 million tons in 2015 and fell to 3.87 million tonnes in 2016.

The president of the AICA said that companies are in a very complicated situation, particularly in financial terms, given the high operating costs and the costs of maintaining jobs.

Cement companies CIF and Nova Cimangola (Luanda), FCKS (Kwanza Sul), Cimenfort (Benguela) and Secil Lobito are still operating, but with limitations due to a lack of market for their production, said Pacavira.

CIF, Cimangola and FCKS are integral clinker and cement production plants, while Cimenfort and Secil Lobito are engaged in the grinding of clinker, gypsum and other additives for cement production. (macauhub)