Libyan Cement Company
| Joint Venture, FDI | |
| Industry | Cement |
| Founded | 1972 |
| Headquarters | Benghazi, Libya |
Key people | Robert Solomon (CEO) |
| Products |
Construction Ready-mix concrete Gypsum Lime |
| Website | www.lcc.ly |
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 (Economic and Social Development Fund) took over 90% of the Libyan Cement Company (LCC).
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.
Domestic consumption and limitations
All of LCC’s cement production is domestically consumed, with market demand exceeding LCC’s capacity. Demand for cement is very high; for building and construction, which consumed an estimated 8,000,000 tones of the sulphate-resistant cement. Upon the entrance of Asamer Holding 100MEUR modernization and investment projects were completed increasing the production efficiency, environmental protection measures and labor safety standards.
About Asamer Holding
Asamer is setting the standard in the building materials branch and has proved over the past 50 years that it’s one step ahead of the competition. Asamer Holding is the leading Austrian cement construction materials company operating cement factories in Slovakia, Bosnia and most important facilities in Libya. Since the start of the revolution in Libya in February 2011 Asamer was supportive to the Libyan people and its workers. It was one of the first foreign non-oil company which returned to Libya and restarted production.