Euronext: LG, NYSE: LR
Lafarge inaugurates a new production line in Morocco today, in the presence of the Prime Minister, at the Bouskoura plant near Casablanca. The new line will significantly increase the group's cement production capacity in Morocco. Representing an investment of 80 million euros, the new line has an annual production capacity of 900,000 tons, bringing the total production capacity of the Bouskoura cement plant to 3 million tons.
Through this investment, Lafarge strengthens its presence in Morocco, where the cement market has grown at a remarkably rapid pace over the past two years. This project is part of Lafarge Maroc's dynamic investment policy, which aims to adapt to a fast-growing market and to finish modernizing production facilities. Since 2000, Lafarge Maroc has increased its cement production capacity by 50% to 5.4 million tons, while pursuing the development of its other business lines.
The Bouskoura investment not only increased the plant's production capacity, but it also covered renovation of the bagging process. Bouskoura is the only cement plant in Morocco with white cement grinding and bagging facilities. At the same time, the Bouskoura plant has launched a performance enhancement program by introducing a quality/environment integrated management system (ISO 9001 and 14001 certifications).
- Created in 1995, Lafarge Maroc is a 50/50 partnership between the Lafarge Group, world leader in building materials, and SNI/ONA (Société Nationale d'Investissement), Morocco's largest private industrial group. With a production capacity of 5.4 million tonnes, Lafarge Maroc is Morocco's leading cement manufacturer with about 40% market share. It is also active in gypsum, concrete, aggregates and industrial lime.
- Lafarge is the world leader in building materials, with top-ranking positions in all four of its businesses: Cement, Aggregates & Concrete, Roofing and Gypsum. With 80,000 employees in 76 countries, Lafarge posted sales of Euros 16 billion in 2005.
Lafarge has been committed to sustainable development for many years, pursuing a strategy that combines industrial know-how with performance, value creation, respect for employees and local cultures, environmental protection and the conservation of natural resources and energy. Lafarge is the only company in the construction materials sector to be listed in the 2006 ‘100 Global Most Sustainable Corporations in the World'. To make advances in building materials, Lafarge places the customer at the heart of its concerns. It offers the construction industry and the general public innovative solutions bringing greater safety, comfort and quality to their everyday surroundings.
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