Qatar: Alkhalij to invest QAR 800mn

Algerian cement group Gica is investing DZD 154 billion (€1.28 billion/US$1.45 billion) to increase its yearly production by 38% from a current 11.5 million tonnes to 18.5 million tonnes.

This investment will lead to the creation of the Bechar and Oum El Bouaghi cement plants, which are due to be operational by the end of 2017 and will produce a yearly 3 million tonnes, and to the increase in production capacities of the Chlef and Aïn El Kebira cement plants.

HeidelbergCement saw significant improvement in its sales volumes, revenue, and operating income in Q3 2016 after the German building materials giant’s recent completed acquisition of Italcementi.

Cemex's plant in Lloseta, which had been on the verge of being closed, is now looking towards an optimistic future.

Since 2006, investment in the plant has been €6 million, with one of the most recent additions being a 25,000tonne capacity silo for clinker that will be opened in September 2014 and that cost €4.5 million.

The plant's production has dropped over the duration of the crisis years, from 800,000tonnes per year pre-crisis to the current 350,000tonnes. A decrease in cement demand over the pa