CEMENCO Honors Distributor, Employee


The Liberia Cement Corporation (CEMENCO) on Friday, April 25, honored one of its distributors, Vamuyan S. Sheriff as the “Highest Purchaser of Cement” and Torfic Tarnue as employee of the year 2014 to 2015.

The event brought together employees and officials as well as other distributors and was held at a local resort in Monrovia.

Mr. Sheriff, who runs the MaYanly Business Center Incorporated (MBCI), received the company’s prestigious award for the second time.

As a Liberian-owned business, MBCI was established in 2009. Sheriff received his first award in 2012.

Presenting the award to Mr. Sheriff, the Comptroller General of CEMENCO Mr. Emmanuel Asante praised the honoree for his dedicated services in promoting the institution to the business community in the country.

Mr. Asante used the occasion to call on other entrepreneurs and distributors of cement to emulate the good example of the manager of the MBCI.

Receiving the award, Mr. Sheriff acknowledged the company for the honor and promised to do all he could to promote the good image of CEMENCO.

Mr. Sheriff noted that he was proud to be selected among thousands of CEMENCO distributors in the country to receive such an award.

“I’m proud today to receive CEMENCO award as the highest best purchaser of cement for the second time in Liberia. I must give thanks to my wife and colleagues,” he said.

The honoree then thanked the management and employees of the company for their fullest support.

CEMENCO is one of the oldest firms operating in the country and it holds monopoly on the manufacture of cement in the country.

The factory was opened by the late President William V.S. Tubman in early1968. The company announced plans to in November 2012 to build a new manufacturing plant in Liberia.

CEMENCO has operated out of 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 privately owned partially with shares divided among international firm Scancem, (which owned 62%, the Liberian government (with 29%) and other stockholders,(who owned 9% of the company).


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