FCC to set up new cement mill with Thai firm
Manama, April 30, 2013
Falcon Cement Company (FCC), the first Bahrain-based fully integrated cement producer, has signed an engineering service agreement with Thailand’s LV Technology (LVT) to upgrade and set up a new backup cement mill.
The advisory and engineering service agreement was signed by FCC executive director Salah Sharif and LVT managing director Hans Jorgen Nelsen, in the presence of Industry and Commerce Minister Dr Hassan Fakhro and FCC chairman Hisham Al Rayes, according to a report in the Gulf Daily News, our sister publication.
"FCC is the first and only fully integrated cement plant in Bahrain and therefore plays an important role in the kingdom's economy," said Alrayes.
"Leveraging LVT's vast experience and services, FCC will increase the size of its operations and its ability to deliver more consistent supplies of cement to the domestic market with improved quality.
"We have seen solid growth in cement demand in Bahrain over the last year. This reflects the success of efforts by the government to support economic growth and underscores the recovery of the local housing and commercial markets," he added.
"We are extremely pleased to announce this agreement with LVT. Together we will implement a series of upgrades, which will increase production at our plant and in turn help to reduce the kingdom's dependence on imports," said Sharif.
"We expect to improve the overall operational efficiency of the plant making us more competitive and ensuring that we continue to effectively meet the needs of our customers and the growing demand for high quality, locally produced cement," he added. – TradeArabia News Service
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