Lafarge is pursuing its strategy of internal growth in high-potential markets with the inauguration of a new cement plant in Chilanga, Zambia, near the capital city Lusaka. With a capacity of 830,000 tonnes per year, the Chilanga cement plant represents an investment of around €90 million and doubles Lafarge's total capacity in Zambia, taking it to 1.3 million tonnes. The new plant is one of the most competitive in the region and should rapidly create value for the Group, its clients and the country.
The new Chilanga plant is equipped with the latest technology and meets the Group's most stringent international standards for quality and environmental protection. It will meet strong demand for cement on the Zambian market and will also supply neighbouring countries. Lafarge already operated a cement works in Chilanga, which will now supply specialty cements, broadening the Group's product offering on the Zambian market.
Cement consumption in Zambia has been growing steadily for some years, driven by double-digit annual growth in the construction industry for the past five years. The Zambian cement market is expected to see 15-20% growth in 2008.
About Lafarge in Zambia
Lafarge has been present on the Zambian market since 2001 through its cement business. The Group has a workforce of around 520 in Zambia, divided among three cement plants (one in Ndola, on the border with Congo, and two in Chilanga, near the capital city Lusaka).
Lafarge is the world leader in building materials, with top-ranking positions in all of its businesses: Cement, Aggregates & Concrete and Gypsum. With 90,000 employees in 76 countries, Lafarge posted sales of Euros 17.6 billion and net income of Euros 1.9 billion in 2007.
Lafarge is the only company in the construction materials sector to be listed in the 2008 ‘Global 100 Most Sustainable Corporations in the World'. With the world's leading building materials research facility, Lafarge places innovation at the heart of its priorities, working for sustainable construction and architectural creativity.