Libyan Cement Company
Libyan Cement Company is a Libyan cement and construction-materials producer headquartered in Benghazi and serving the country's eastern region.
Last updated August 31, 2026
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Overview
Libyan Cement Company (LCC), formally Libyan Cement Company Inc., is a Libyan industrial company focused on cement and related construction materials. Headquartered in Benghazi, it is one of Libya's largest cement manufacturers and the principal producer serving the country's eastern region. Its operations are concentrated at production facilities in Benghazi, Hawari and Al-Fataiah, supported by a dedicated cement-packaging operation. The company produces ordinary Portland cement, sulphate-resistant cement, ready-mix concrete, gypsum and lime for construction, infrastructure and general building applications. LCC began production in 1972 with a single Benghazi factory and an initial annual capacity of approximately 200,000 tonnes of ordinary Portland cement. A second production line was commissioned in 1974, adding about 400,000 tonnes of annual capacity, and a third line followed in 1977 with a similar addition. These expansions brought the Benghazi operation to roughly one million tonnes of annual capacity during its early development. The company subsequently became associated with other facilities in the eastern Libyan industrial network. The Hawari plant, established before LCC's initial production period, was modified in 1987 to manufacture sulphate-resistant cement. The El-Fataiah facility near Derna was established in 1982 with two production lines and a combined capacity of about one million tonnes per year of ordinary Portland cement. A packaging facility established in 1975 was reported to have the ability to produce approximately 200,000 cement bags per day. The business has experienced operational interruptions and multiple ownership changes. The original Benghazi factory later stopped production because of maintenance problems, although the broader operating network continued to form an important part of Libya's cement supply. In 2008, Austrian Asamer Group and Libya's Economic and Social Development Fund acquired a 90% stake. In April 2015, Libya Holdings Group announced that it had acquired a majority interest from Asamer's successor or associated investment structure, described in contemporary accounts as QuadraCir Group. The transaction was presented as a long-term investment connected with Libya's infrastructure-rebuilding needs. In 2023, Alushibe Holding Group acquired a majority stake in LCC. Alushibe is a diversified Libyan holding group with interests spanning industrials, consumer goods, retail, healthcare, engineering and services. Following the transaction, its founder and chairman, Eng. Ahmed Gadalla, became chairman of LCC. Under the new ownership, the company has been pursuing rehabilitation and investment across its production facilities, with an announced objective of expanding total annual production capacity to approximately three million tonnes. The program is intended to improve plant reliability, strengthen LCC's market reach and increase its contribution to domestic construction-material supply. LCC's strategic importance derives primarily from its domestic industrial role rather than from international branding. Its plants and products support housing, commercial construction, public works and infrastructure development in Libya, while its location in Benghazi and the wider eastern region gives it a significant position in a market where transport, plant maintenance and industrial rehabilitation are material business considerations. The company is currently presented as an active producer undergoing modernization and capacity expansion, although detailed current production, financial and ownership-percentage information is not established in the supplied reference material.
History
Libyan Cement Company developed as one of Libya's early large-scale cement producers and became particularly important to the country's eastern region. Its production history is connected with the expansion of Libya's construction and infrastructure sectors, as well as with the technical and ownership changes that affected many industrial enterprises in the country. The company began production in Benghazi in 1972. Its first factory had an initial capacity of approximately 200,000 tonnes per year and produced ordinary Portland cement. Expansion followed quickly. A second production line was commissioned in 1974, adding approximately 400,000 tonnes of annual capacity, and a third line was added in 1977 with a further capacity of approximately 400,000 tonnes. Together, these developments brought the Benghazi operation to roughly one million tonnes of annual capacity during its initial expansion phase. LCC's later industrial footprint included the Hawari and El-Fataiah facilities. The Hawari plant had been established in 1964 and was subsequently incorporated into the company's production network; its lines were modified in 1987 to manufacture sulphate-resistant cement. The El-Fataiah factory, located near Derna roughly 350 kilometres east of Benghazi, was established in 1982 with two lines and a combined capacity of approximately one million tonnes per year of ordinary Portland cement. The company also established a separate packaging facility in 1975, reported to have capacity for around 200,000 cement bags per day. These sites gave LCC a geographically distributed presence across eastern Libya rather than relying solely on its original Benghazi plant. Operational performance was not uniform across the company's history. By 2007, the Benghazi plant was reported to be producing approximately 800,000 tonnes per year. The original 1972 factory later halted production because of maintenance difficulties. Plant condition, rehabilitation and the availability of functioning production lines consequently became important themes in the company's subsequent development. Ownership changed substantially in the late 2000s and 2010s. In 2008, the Austrian Asamer Group and Libya's Economic and Social Development Fund acquired a 90% stake in LCC. In April 2015, Libya Holdings Group announced that it had acquired a majority stake from Asamer's associated investment structure, described in the supplied historical account as QuadraCir Group. The investment was associated with the longer-term rebuilding of Libya's infrastructure and the need to restore domestic industrial capacity. A further ownership transition occurred in 2023, when Alushibe Holding Group acquired a majority stake in the company. Alushibe is a diversified Libyan group active in industrials, consumer goods, retail, healthcare, engineering and services. Its founder and chairman, Eng. Ahmed Gadalla, became chairman of LCC after the acquisition. The new ownership announced a program of major rehabilitation and investment intended to modernize production facilities, improve operational capability and expand market coverage. The stated objective was to raise total annual production capacity to approximately three million tonnes. Today, LCC's business remains centered on cement and associated construction materials. Its ordinary Portland and sulphate-resistant cement products, together with ready-mix concrete, gypsum and lime, serve Libya's building and infrastructure markets. The company's principal importance is domestic and regional: it is described as supplying more than one third of national cement demand and as the leading cement producer in eastern Libya. Because detailed current financial and production disclosures are limited in the available material, its present output and the completion status of its rehabilitation plans cannot be stated more precisely.
- 2023
Alushibe Holding Group becomes majority owner
[1]Alushibe Holding Group acquired a majority stake and appointed Ahmed Gadalla as chairman.
- 2023
Rehabilitation and expansion plan announced
[1]LCC announced plans to rehabilitate and expand its facilities, targeting approximately three million tonnes of total annual capacity.
- 2015
Libya Holdings Group announces majority acquisition
[1]Libya Holdings Group announced the acquisition of a majority stake from Asamer's associated investment structure.
- 2008
Asamer Group and ESDF acquire a 90% stake
[1]Austrian Asamer Group and Libya's Economic and Social Development Fund acquired a 90% interest in LCC.
- 1987
Hawari lines adapted for sulphate-resistant cement
[1]Production lines at Hawari were modified to manufacture sulphate-resistant cement.
- 1982
El-Fataiah factory established
[1]The El-Fataiah factory near Derna was established with two ordinary Portland cement production lines.
- 1977
Third Benghazi production line added
[1]A third line added approximately 400,000 tonnes of annual capacity, bringing the early Benghazi complex to about one million tonnes per year.
- 1975
Packaging facility established
[1]The company established a dedicated cement-packaging facility reported to produce approximately 200,000 bags per day.
- 1974
Second Benghazi production line commissioned
[1]A second line added approximately 400,000 tonnes per year of capacity.
- 1972
Production begins in Benghazi
[1]LCC began production at its first Benghazi factory with approximately 200,000 tonnes of annual ordinary Portland cement capacity.
Products and positioning
A major domestic Libyan cement producer positioned around reliable supply for construction and infrastructure, with particular importance in eastern Libya. Following its 2023 change of majority ownership, the company is also positioned as a rehabilitation and capacity-expansion platform within the country's industrial and construction-materials sector.
Cement · 1972
Ordinary Portland cement
LCC's ordinary Portland cement is its principal general-purpose cement offering. It is produced for conventional building, civil-engineering and infrastructure applications and has historically been manufactured at the Benghazi and El-Fataiah facilities. The product forms the core of the company's domestic cement business and supports construction activity across Libya.
Specialty cement · 1987
Sulphate-resistant cement
Sulphate-resistant cement is designed for construction environments where cement may be exposed to sulphate-bearing soils or water. LCC's Hawari production lines were modified in 1987 to make this type of cement, giving the company a specialized product alongside its standard Portland cement range.
Concrete
Ready-mix concrete
Ready-mix concrete extends LCC's offering beyond cement powder into a prepared construction material supplied for project use. It is intended for building and infrastructure work requiring concrete delivered in a usable mix rather than cement sold as a standalone binder.
Construction material
Gypsum
Gypsum is part of LCC's broader construction-materials range. The supplied reference identifies it as a company product but does not provide detailed information on its grades, production site, packaging or end-use segmentation.
Construction material
Lime
Lime complements LCC's cement and concrete products within the building-materials portfolio. The available reference confirms the product category but does not specify product variants, technical standards or distribution arrangements.
Brand decisions
2023
Alushibe Holding Group acquires majority stakeM&ABackground
Alushibe Holding Group sought to expand its presence in Libya's industrial and construction-materials sectors.
Action taken
Alushibe acquired a majority stake in LCC and appointed Ahmed Gadalla as chairman.
Aftermath
LCC became part of Alushibe's diversified group and entered a stated phase of plant rehabilitation and capacity expansion.
2023
Production rehabilitation and expansion programStrategyBackground
Maintenance needs and the strategic importance of domestic cement supply created a rationale for renewed investment in LCC's facilities.
Action taken
The company announced major rehabilitation and investment intended to upgrade production and increase total annual capacity to approximately three million tonnes.
Aftermath
The plan established capacity growth and operational modernization as central priorities under Alushibe ownership. Completion and realized output are not specified in the available material.
2015
Majority stake transferred to Libya Holdings GroupM&ABackground
The company changed majority ownership again during a period when rebuilding Libya's infrastructure was cited as an investment rationale.
Action taken
Libya Holdings Group announced that it had acquired a majority stake from Asamer's associated investment structure.
Aftermath
The transaction continued LCC's succession of ownership changes and was presented as supporting a long-term infrastructure-related investment plan.
2008
Sale of a 90% stake to Asamer Group and ESDFM&ABackground
LCC underwent a major ownership transition as part of the involvement of Austrian industrial group Asamer and Libya's Economic and Social Development Fund.
Action taken
Asamer Group and ESDF acquired a 90% stake in the company.
Aftermath
The transaction placed LCC under a mixed private and Libyan institutional ownership structure.
Recent events
- 2023
Alushibe Holding Group acquires majority stake in Libyan Cement Company[1]
M&A · Leadership change
Alushibe Holding Group acquired a majority interest in LCC and appointed its founder and chairman, Ahmed Gadalla, as chairman of the cement company.
- 2023
Libyan Cement Company begins rehabilitation and capacity-expansion program[1]
Other
Following the Alushibe transaction, LCC announced plans to rehabilitate its production facilities and increase total annual production capacity to approximately three million tonnes.
- 2015
Libya Holdings Group announces majority acquisition of Libyan Cement Company[1]
M&A
Libya Holdings Group announced that it had acquired a majority stake from Asamer's associated investment structure, presenting the transaction as part of a long-term plan connected with rebuilding Libya's infrastructure.
- 2008
Asamer Group and ESDF acquire a 90% stake in Libyan Cement Company[1]
M&A
Austrian Asamer Group and Libya's Economic and Social Development Fund acquired a 90% interest in the company, marking a major change in its ownership structure.
Sources1 sources
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