Name and Location
Cement plant project, Antioquia department, Colombia.
Client
CEMEX Latam Holdings (CLH).
Project Description
The project will increase CLH’s cement production capacity in Colombia from 4.5-million tons a year to close to 5.5-million tons a year and includes the construction of a new grinding mill.
The plant will operate using modern and efficient technology to comply with quality and environmental standards.
Value
The project will be financed with CLH’s free cash flow, with total investment in the project expected to reach an estimated $340-million.
Duration
The grinding mill is expected to start cement production during the second quarter of 2015.
The rest of the plant will be completed during the second half of 2016.
Latest Developments
None stated.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
CLH media relations, Jorge Pérez, tel +52 81 8888 4334 or email mr@cemex.com.