02.12.2010 | Editor: Marcel Dröttboom
Lisbon, Portugal – Cimpor has announced to increase its production in Brazil with a new EUR 240 Million program of investments over the next three years. The money will be used for a new line at the Cezarina plant and the construction of a production unit at Caxitu.
Cimpor stated hat Brazil’s prospects for continuing encouraging economic dynamism and cement consumption growth outlook led the company to approve a new EUR 240 Million program of investments over the next three years to increase local cement production capacity by 2.3 million tonnes per year. The money will be used for the construction of a new line in the Cezarina plant and the construction of a production unit at Caxitu.
The construction of a third line in Cezarina, which will add 0.65 million tonnes of cement production capacity per year, will start in 2011 and require, over the next three years to completion, an investment of up to EUR 80 Million. The new cement and clinker production unit to be built in Caxitu will complement the three existing plants – João Pessoa, São Miguel dos Campos e Campo Formoso – presently at full usage of their capacity. The line to be built in Caxitu will have an annual cement production capacity of 1.45 million tonnes, requiring an investment of up to EUR 160 Million. The construction of this facility will start in 2011 and is to be finished in 2013.
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