The Liberia Cement Corporation, also known as Cemenco,[1] is a major company in the economy of the Republic of Liberia. One of the oldest firms operating in the country in the early twenty-first century, it holds a monopoly on the sale of cement in the country.[2] The firm's original factory was opened by Mr. Fouad R Khalifa a Lebanese businessman and by President William V.S. Tubman in early January 1968..[3] In the early 2010s, another firm announced its goal of entering the Liberian market, but by late 2012, no other companies were yet in the market. In response to this challenge, corporate officials announced in November 2012 their plans to erect a new manufacturing plant.[2] Its previously existing facility is located on Bushrod Island in Monrovia, as is the site of the plant announced in November 2012; at that time, company bosses were planning to use a site formerly occupied by a manufacturing component of the defunct Mesurado Group of Companies.[4] Historically, Cemenco had warehouses at the Freeport of Monrovia, but an ownership dispute over the warehouse property resulted in its conveyance to a Chinese firm in late 2012.[5]
In the mid-2000s, Cemenco was partially privately owned; its shares were divided among international firm Scancem, which owned 62% of the company; the Liberian government, with 29%; and other stockholders, who owned 9% of the company. Its monopoly status derives from a government decision in 1977, before the military coup that overthrew the country's government; at least one prominent Liberian has alleged that the monopoly status was a mechanism to enable political corruption by government officials who personally owned shares in the company.[6]
Liberia Cement has been the focus of environmental health complaints from those who live in nearby Monrovia neighborhoods, such as New Georgia and the Jamaica Road corridor. Residents have alleged that government officials have provided them no aid in fighting the company, which they say causes numerous childhood diseases because of the wide dissemination of the dust that its grinding process produces.[4] In light of this difficulty, early plans for the plant announced in 2012 included the addition of pollution control equipment approved by the country's pollution control agency, and at the same time, observers noted reduced dust emissions from the existing plant. The firm's goals include achieving the ability to produce multiple types of cement, rather than continuing to import the product from other countries.[2]
^NPA Evicts Cemenco From Three Warehouses, AllAfrica.com, 2012-04-24. Accessed 2012-11-07.
The LiberiaCementCorporation, also known as Cemenco, is a major company in the economy of the Republic of Liberia. One of the oldest firms operating...
Monrovia (/mənˈroʊviə/) is the capital and largest city of Liberia. Founded in 1822, it is located on Cape Mesurado on the Atlantic coast and as of the...
Liberia is a country on the West African coast. Liberia means "Land of the Free" in Latin. The Central Bank of Liberia is responsible for printing and...
Liberia (/laɪˈbɪəriə/ ), officially the Republic of Liberia, is a country on the West African coast. It is bordered by Sierra Leone to its northwest,...
Cemenco holds a monopoly on cement production. Timber and rubber are Liberia's main export items since the end of the war. Liberia earns more than $100 million...
(born 1 October 1966) is a Liberian politician and former professional footballer who served as the 25th president of Liberia from 2018 to 2024. Before...
Ouagadougou Ouagadougou - cement works Douala - port - portland cement Yaoundé - national capital - portland cement Douala - cement works existing owned by...
plantations, extending over one million acres (1,560 sq mi; 4,050 km2), in Liberia, West Africa. That year the company also opened its first Firestone Tire...
Telecommunications Engineering Corporation) and Sony Corporation (ソニー株式会社), commonly known as Sony, is a Japanese multinational conglomerate corporation headquartered...
him to be a finalist of 2020 Golden Boy award. Born in Ghana to refugee Liberian parents, Davies and his family relocated to Canada when he was 5 years...
(2021-10-28). "'Cement Armada' Affair: How The Gowon Regime Flooded Lagos Port With Cements". Jojo Naija. Retrieved 2023-07-15. "Legacies of the Cement Armada"...
Dangote Cement Industrials Building materials & fixtures Lagos 1992 Cement, part of Dangote Group Dangote Group Conglomerates – Lagos 1981 Cement, food...
Authority, Kenya - state corporation regulating capital markets in Kenya, including the Nairobi Stock Exchange KenInvest - state corporation, investment trade...
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commercial customers like Flour mills, Refineries, steel rolling mills, cement factories, rice mills, etc., may receive their power directly from the primary...
2005, Cheetah Cement imported 36,000 metric tons of cement from Brazil. Ohorongo Cement near Otavi started production in 2010. Cheetah Cement also got a...
exported to Southern Peru Copper Co; and five units were exported to the Liberian American-Swedish Minerals Company. Total production is 371 units.[citation...
transformative world of chemical reactions, from the complex formula that produces cement to the single reaction that’s allowed farmers to feed a global population...
operations in Russia". 24 March 2023. "China State Construction Engineering Corporation". NACP. Retrieved 24 August 2023. "CK Birla Group". NACP. Retrieved 24...
instruments. Pakistan's largest corporations are primarily engaged in utilities such as oil, gas, electricity, automobile, cement, food, chemicals, fertilizer...
Academy urges Students to Exercise Discipline". Daily Observer. Liberian Observer Corporation. Retrieved 31 January 2017. "Solar competence". Helog. 2015...
Tripoli 2006 Airline, defunct 2011 Arabian Cement Co. Industrials Building materials & fixtures Al Khums 1988 Cement Arabian Gulf Oil Company Oil & gas Exploration...
producing pozzolana cement from bauxite mining waste (known as red mud or clay). The two companies that produced cement in Ghana, Ghana Cement Works Ltd. and...
prosecuting rebels of the Revolutionary United Front (RUF) and former Liberian President Charles Taylor. He was also a lawyer for the civil parties (victims)...
southwest coast of West Africa. It shares its southeastern border with Liberia and is bordered by Guinea to the north. With a land area of 71,740 km2...
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