Arabian Cement Co.
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Arabian Cement Co.
The Arabian Cement Co. (ACC) is a Libyan company involved in production of cement, lime, gypsum and paper bags for cement packaging, and other construction related operations. It has a total production capacity of roughly 3.340 million tons per year (t/yr) and currently operates seven plants throughout Libya. The company's investment volume was estimated at Ld 180 million. Background Nationally, the cement sector in Libya is not a major economic actor. Nevertheless, on a sectoral level, the impact of the production of cement on the natural and social environment in Libya is important. ACC was formed as a state-owned company in 1988, resulting from a merger between the National Cement & Building Materials Establishment and the Souk El Khamis General Cement & Building Materials Corporation. Since then, cement manufacture in Libya has been the sole domain of two parastatals; the ACC and the Libyan Cement Co. In 1998, ACC operated four plants: El Mergeb with a 330,000-t/yr capacity, ...
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Khoms, Libya
Al-Khums or Khoms ( ar, الخمس) is a city, port and the de jure capital of the Murqub District on the Mediterranean coast of Libya with an estimated population of around 202,000. The population at the 1984 census was 38,174. Between 1983 and 1995 it was the administrative center of al-Khums District. Etymology The name ''al-Khums'' or ''Khoms'' ( ar, الخُمس )Fisher, Morris (1985) ''Provinces and provincial capitals of the world'' (2nd edition) Scarecrow Press, Metuchen, New Jersey, page 88, translated literally to " the quintile" in Arabic. The origin of the name is not clear. Several hypotheses include: * In Tripolitania the quinary numeral system was used in contrary to most other Arabic cultures, which used the decimal system. Khums and neighbouring villages were famous in producing olives and olive oil. Since the olives had to be counted, residents of other cities started to call the inhabitants 'Khumsi' (Quinary), from which the name Khums derived. * Khums coul ...
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Export
An export in international trade is a good produced in one country that is sold into another country or a service provided in one country for a national or resident of another country. The seller of such goods or the service provider is an ''exporter''; the foreign buyer is an '' importer''. Services that figure in international trade include financial, accounting and other professional services, tourism, education as well as intellectual property rights. Exportation of goods often requires the involvement of customs authorities. Firms Many manufacturing firms begin their global expansion as exporters and only later switch to another mode for serving a foreign market. Barriers There are four main types of export barriers: motivational, informational, operational/resource-based, and knowledge. Trade barriers are laws, regulations, policy, or practices that protect domestically made products from foreign competition. While restrictive business practices sometimes hav ...
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Libyan Companies Established In 1988
Demographics of Libya is the demography of Libya, specifically covering population density, ethnicity, education level, health of the populace, economic status, and religious affiliations, as well as other aspects of the Libyan population. The Libyan population resides in the country of Libya, a territory located on the Mediterranean coast of North Africa, to the west of and adjacent to Egypt. Libyans live in Tripoli. It is the capital of the country and first in terms of urban population, as well as Benghazi, Libya's second largest city. History Historically Berber, over the centuries, Libya has been occupied by the Phoenicians, Greeks, Romans, Arabs, and Italians. The Phoenicians had a big impact on Libya. Many of the coastal towns and cities of Libya were founded by the Phoenicians as trade outposts within the southern Mediterranean coast in order to facilitate the Phoenician business activities in the area. Starting in the 8th century BC, Libya was under the rule of ...
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Cement Companies Of Libya
A cement is a binder, a chemical substance used for construction that sets, hardens, and adheres to other materials to bind them together. Cement is seldom used on its own, but rather to bind sand and gravel (aggregate) together. Cement mixed with fine aggregate produces mortar for masonry, or with sand and gravel, produces concrete. Concrete is the most widely used material in existence and is behind only water as the planet's most-consumed resource. Cements used in construction are usually inorganic, often lime or calcium silicate based, which can be characterized as hydraulic or the less common non-hydraulic, depending on the ability of the cement to set in the presence of water (see hydraulic and non-hydraulic lime plaster). Hydraulic cements (e.g., Portland cement) set and become adhesive through a chemical reaction between the dry ingredients and water. The chemical reaction results in mineral hydrates that are not very water-soluble and so are quite durable in water ...
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USGS
The United States Geological Survey (USGS), formerly simply known as the Geological Survey, is a scientific agency of the United States government. The scientists of the USGS study the landscape of the United States, its natural resources, and the natural hazards that threaten it. The organization's work spans the disciplines of biology, geography, geology, and hydrology. The USGS is a fact-finding research organization with no regulatory responsibility. The agency was founded on March 3, 1879. The USGS is a bureau of the United States Department of the Interior; it is that department's sole scientific agency. The USGS employs approximately 8,670 people and is headquartered in Reston, Virginia. The USGS also has major offices near Lakewood, Colorado, at the Denver Federal Center, and Menlo Park, California. The current motto of the USGS, in use since August 1997, is "science for a changing world". The agency's previous slogan, adopted on the occasion of its hundredth anniv ...
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Libyan Iron And Steel Company
The Libyan Iron and Steel Company (Lisco) is one of the largest iron and steelmaking companies operating in North Africa. Based in Misrata, it is subsidized and owned by the Libyan government. Lisco's foundation stone was officially laid on 18 September 1979. In 2004, the online magazine ''Arab Steel'' ranked Lisco third among the largest Arab iron and steel companies. Overview Lisco is among the largest companies in Libya, having an annual production capacity of approximately 1,324,000 tons of liquid steel. Lisco's operations are primarily supplied by imported iron ore pellets from Brazil, Canada, and Sweden for use as raw materials.P. Mobbs (2001) p.19.1 Natural gas is used to manufacture sponge iron and hot briquetted iron. Hot-briquetted iron (HBI) became a significant Libyan mineral export since the LISCO II plant began producing it in 1997. About 54% of Lisco's exports (by weight) in 2000 was HBI. Bars and rods shipped to Egypt and Tunisia accounted for about 23% of the comp ...
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Libyan Cement Company
Libyan Cement Company Inc. is one of the biggest cement manufacturers in Libya. With six product lines at the locations Benghazi, Hawari and Al-Fataiah it covers more than one third of the Libyan cement demand. In 2008 the Asamer Group together with the Libyan government holding company ESDF (Economic and Social Development Fund) took over 90% of the Libyan Cement Company (LCC). Background The Libyan Cement Company started production in 1972 with one factory. The production capacity for ordinary Portland cement was 200,000 t/yr. In 1974, a new production line was added with a capacity of 400,000 t/yr. A third production line was built in 1977 with a 400,000 ton capacity, which brought production to 1 million t/yr of ordinary Portland cement. However, the first factory stopped production due to maintenance problems. As of 2007, the Benghazi plant produces 800,000 t/yr. The Hawari plant, which was established in 1964 to produce 1,000,000 t/yr. In 1987, adjustments were made to the Ha ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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Zliten
Zliten ( ar, زليتن, Zlīten) is a city in Murqub District of Libya. It is located 160 km to the east of Tripoli. Location The name Zliten is given to both the city and the whole area. As a city, Zliten is situated east of the capital, Tripoli, and about east of the ancient Roman city of Leptis Magna. It is about west of the city of Misrata and east of Khoms. It has spread over an area of about . The ex district of Zliten is widespread and covers an area of . It is surrounded by the Mediterranean at the north, Misrata at the east, Bani Walid at the south and Khoms at the west. Climate Name The name is derived from the name of the Isliten tribe, an old branch of the Nafzawa Berbers. Members of this tribe used to live in Libya and Tunisia, but are also known to have lived as far west as Morocco. They are mentioned by Leo Africanus in the 16th century as living in western Libya. Education Zliten is home to one of Libya's most renowned Islamic universities, ''Al- ...
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Joint Ventures
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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El Khamis
EL, El or el may refer to: Religion * El (deity), a Semitic word for "God" People * EL (rapper) (born 1983), stage name of Elorm Adablah, a Ghanaian rapper and sound engineer * El DeBarge, music artist * El Franco Lee (1949–2016), American politician * Ephrat Livni (born 1972), American street artist Arts, entertainment, and media Fictional entities * El, a character from the manga series ''Shugo Chara!'' by Peach-Pit * El, short for Eleven, a fictional character in the TV series ''Stranger Things'' * El, family name of Kal-El (Superman) and his father Jor-El in ''Superman'' *E.L. Faldt, character in the road comedy film ''Road Trip'' Literature * ''Él'', 1926 autobiographical novel by Mercedes Pinto * ''Él'' (visual novel), a 2000 Japanese adult visual novel Music * Él Records, an independent record label from the UK founded by Mike Alway * ''Él'' (Lucero album), a 1982 album by Lucero * "Él", Spanish song by Rubén Blades from ''Caminando'' (album) * "Él" (L ...
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