The newly constructed Livetouch Cement manufacturing plant in Redcliff near Kwekwe has began production, but on a low scale, the chief executive has said.
“We have started producing cement but its demand based. We are still testing the market but we are glad to note that we have attracted some big clients, among them construction companies as well as building materials supply companies,” chief executive, Wang Dongning said.
The plant was constructed at a cost of $10 million by Chinese firm Mortal Investments Manufacturing and trades as Livetouch Cement.
Dongning said the economic environment did not allow for mass production. The plant, which manufactures masonry cement, has a capacity to produce 400 000 tonnes of cement annually.
“We wait to see how the economy performs. But we aim to produce the (full capacity) 400 000 tonnes of cement in the next year or so,” he said.
Livetouch becomes the second cement manufacturer to set up shop in the Midlands after Gweru-based SinoZim.- The Source
(238 VIEWS)
This post was last modified on June 13, 2017 8:03 pm
Britain says amendment of the Zimbabwe constitution is a sovereign, legislative matter for Zimbabwe to…
It is now 47 years since I wrote the short story below for a South…
Zimbabwe has released its 2026 monetary policy statement in which it seeks to stabilise its…
Far from it, on paper that is. Ignatius Chombo was one of the longest serving…
Zimbabwe on Thursday announced a ZiG290.9 billion budget with revenue expected to be ZiG287.6 billion,…
The International Monetary Fund says Zimbabwe’s economic recovery in 2025 is stronger than previously anticipated…