By John Lee. The Libyan Cement Company (LCC) has said that damage to its two plants in Benghazi has been significant, but believes they can be brought back into production by summer 2018. The factories, in Hawari district, were caught up in the battles between the Libyan National Army (LNA) and militia groups in March […]
Tag Archives | Asamer Holdings
Tags: Al Fataiah, Al Fataiah cement plant, Asamer Holdings, Austria, Benghazi, cement, Derna, featured, Hawari, Insurance, Joint Libyan Cement Company, Libyan Cement Company (LCC), Libyan Economic and Social Development Fund (ESDF), Libyan National Army (LNA)
LHG Buys Libyan Cement Company
Libya Holdings Group Ltd. (“LHG”), the investment company focused on growth opportunities in the Libyan market, today announced that it has reached an agreement to acquire a majority stake in Libyan Cement Company Inc. (“LCC”) through a special purpose acquisition vehicle. The transaction will mark a further step towards establishing LHG’s position as a dominant […]
Tags: Asamer Holdings, Austria, cement, Libya Holdings Group Ltd. (LHG), Libyan Cement Company (LCC), QuadraCir Group
Lukavac Cement Factory Exports to Libya
Sarajevo Times reports that the first two trains of cement from the Lukavac factory in Bosnia and Herzegovina are on their way to Libya. The consignment of 1,258 tons of will be sent through Croatia and shipped to Libya from the port of Ploče. The company, which is part of Austria's Asamer Group, expects to […]
Libya offers business and investment opportunities
Mario Zotelle, chief executive of Joint Libyan Construction Company (JLCC), told 150 representatives from 60 companies from the UAE, GCC, Europe and Africa that Libya is in urgent need of infrastructure upgrade and general housing and business reconstruction. JLCC is owned by Asamer Holdings, which is one of the most experienced foreign investors in Libya […]