Cemex Dominican Republic announces investment projects
According to a statement on its Facebook page, Cemex Dominican Republic plans to invest DOP315 million in a new bagging, packing and palletizing line at it San Pedro de Macorís cement plant. The new line will enable Cemex to meet local demand over the next 5 years.
To further strengthen its position in the country, Cemex will also carry out a series of improvements on one of the plant’s mills in order to increase its cement production capacity.
The cement producer has also begun to receive delivery of 50 mixer trucks, representing an investment of DOP256.5 million. This will expand Cemex Dominican Republic’s fleet, making it one of the largest in the Caribbean.
Adapted from press release by Louise Fordham
Read the article online at: https://www.worldcement.com/the-americas/10032015/cemex-invests-in-expanding-its-operational-capacities-in-dominican-republic-489/
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.
