Chilanga Cement
Chilanga Cement is a company of Zambia. Chilanga is principally a cement company, producing cement and cement clinker. The company also sales aggregates from a quarry it operates in Chilanga. The company is headquartered in Chilanga (Lusaka), Zambia which is close to Lusaka, the national capital.
History
The company was founded in 1949, privatized in 1957, nationalized in 1973, and was the first large state-owned company to be privatized (or re-privatized, as it were) in 1994. Chilanga Cement was the first company to be listed on the Lusaka Stock Exchange, in 1995. The company was the major supplier for the construction of Kariba Dam.[1]
Operations
The former Chilanga Cement, now Lafarge Zambia Plc, operates two major facilities, one in Chilanga and one in Ndola. The Chilanga (Lusaka) facility had completed the construction and commissioning a new facility in 2008.
Lafarge Zambia's largest customers are the construction firms engaged on Government projects like construction of roads, dams and bridges. The company also exports cement and clinker to nearby countries, including The Democratic Republic of Congo (DRC), Malawi, Zimbabwe and Burundi.
References
- ^ Banerji, David; Zimmerman, David J.; Mwinga, Mwene (1996). "Parastatals in Zambia:The conflict between Equity and Efficiency". In Bruton, Henry J.; Hill, Catharine; Banerji, Arup (eds.). The Evaluation of Public Expenditure in Africa. World Bank Publications. p. 56. ISBN 9780821336809.