Ethiopia's Mugher Cement to Raise Production Capacity, Market Share

mugher-cementEfforts will be exerted to enable Mugher Cement Factory to produce cement with full capacity, increasing its production volume and market share, Ethiopia's Minister of Mines and Petroleum Takele Uma remarked.

The Minister made the remark while visiting the factor along with members of Ethiopia's Chemical Industry Corporation Board of Directors.

Mr. Takele said Mugher Cement's production volume is disproportionate when compared to the abundance of natural resources available in the area.

Consequently, the Minister related, there will be an increment in production capacity to raise the factory's market share from the now 25 percent.

A state-owned cement factory located 105km west of Addis Ababa, Mugher Cement Factory produces ordinary portland cement (OPC) and portland pozzolana cement (PPC).

https://t.me/News2merkato


Source: FBC

Exchange Rates

Selling
Buying
USD 40.7355  39.9368 
EUR 49.5222  48.5512 
GBP 55.0353  53.9562 
CAD 29.3190  28.7441 
AED 10.0356  9.8388 
CHF 42.8252  41.9855