Libyan Cement Company
Libyan Cement Company Inc. is one of the biggest cement manufacturers in Libya. With six product lines at the locations Benghazi, Hawari and Al-Fataiah it covers more than one third of the Libyan cement demand. In 2008 the Asamer Group together with the Libyan government holding company ESDF took over 90% of the Libyan Cement Company.
Background
The Libyan Cement Company started production in 1972 with one factory. The production capacity for ordinary Portland cement was 200,000 t/yr. In 1974, a new production line was added with a capacity of 400,000 t/yr. A third production line was built in 1977 with a 400,000 ton capacity, which brought production to 1 million t/yr of ordinary Portland cement. However, the first factory stopped production due to maintenance problems. As of 2007, the Benghazi plant produces 800,000 t/yr. The Hawari plant, which was established in 1964 to produce 1,000,000 t/yr. In 1987, adjustments were made to the Hawari plant production lines to produce sulphate-resistant cement. The El-Fatayah factory was established in 1982 with two production lines having a 1,000,000 t/yr capacity of ordinary Portland cement. This factory is located 350 km east of Benghazi, near Derna. LCC also has a factory that produces the cement packaging, which was established in 1975; as it stands today, the factory produces 200,000 bags per day. In April 2015, Libya Holdings Group announced that it had acquired a majority stake in Libya Cement Company from Austria's QuadraCir Group as part of a long-term strategic plan aimed at rebuilding Libya's infrastructure