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El-Fagr , Algeria.
6/26/2007 12:00:00 AM
ASEC CEMENT Commercial Director speech to El-Fagr
We will work on reducing cement prices in Algeria

The commercial director of the Egyptian ASEC CEMENT confirmed that they will work on reducing the cement prices  and their choice for Djelfa is due to Algeria and its president challenges in the program of development also the security that they felt which encourage the investment in addition to the high quality of clinker in Ain El Bel Region.

Mr. Ashraf Ahmed Talaat , ASEC commercial director  clarifies that the cement prices in the south region is increasing rapidly and this encourage us to go into the competition and the development. The factory will hire in the first stage 600 employee to reach 2000 employee who will be from Djelfa or near regions.
The assets of the proposed cement plant were officially transferred yesterday morning to ASEC CEMENT and contracts were signed by Mr. Yahia Bashir, the CEO of ERCC, and Mr. Ahmed Khalifa, the CEO of ASEC CEMENT which wins to purchase the assets on the 10th of December 2006 and its production capacity is 10000 tons daily of clinker, with a total of 3.5 million of cement annually, the investment reached 413 million USD and the factory will be in full compliance to the environment

El Fagr - 26 June 2007.jpg
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