Cimpor’s subsidiary in Mozambique increases its cement production capacity
Local media have reported that Cimpor, an InterCement Group Company forming part of Brazil’s Camargo Corrêa, will increase its capacity in Mozambique. A rental contract on a mill near the Matola cement plant will help Cimentos de Moçambique to expand its grinding capacity to 220 000 tpa.
In other news, InterCement was recognised for its activities in Paraguay, winning the award for ‘Company/person that has contributed to the industrial development of Paraguay’ at Expo Feiras 2013. The company has been operating in the country since 2000 and has a 30% market share. It is currently investing around US$150 million into a new cement plant with a production capacity of 400 000 tpa. The first stage of the project will commence in October 2013. The plant is expected to begin operations in 2H14.
Edited from various sources by Louise Fordham.
Read the article online at: https://www.worldcement.com/africa-middle-east/23072013/cimentos_de_mo%C3%A7ambique_increases_capacity_intercement_paraguay_wins_award_63/
You might also like
World Cement Podcast
In the latest episode of the World Cement Podcast, Senior Editor David Bizley is joined by Dr Andrew Minson of the GCCA to discuss the ins and outs of the recently launched Low Carbon Ratings (LCR) system.
Molins announce first quarter results
Net profit reached €48 million, equivalent to earnings per share of 0.73 euros, 6% lower than the same period of the previous year.
