China’s CATIC signs contract with Venezuela’s La Corporación Socialista del Cemento
On 21 July 2014, the President of Venezuelan cement group La Corporación Socialista del Cemento, Ángel Jesús Moreno Gudiño, signed an agreement with the President of China’s CATIC, Zou Kangning, for a new cement plant. The facility will be located in Los Arangues, in the state of Lara. It will have a production capacity of 1.2 million tpa.
During Chinese President XI Jinping’s visit to Venezuela in July, China and Venezuela signed 38 bilateral agreements. In addition to the cement contract outlined above, agreements relating to the oil, mineral, agriculture and transport sectors were also formed.
Edited from various sources by Louise Fordham
Additional sources:
Read the article online at: https://www.worldcement.com/the-americas/12082014/venezuela-corporacion-socialista-del-cemento-awards-contract-to-catic-276/
You might also like
The World Cement Podcast - Securing success in Southeast Asia
Sayak Datta, Partner at Roland Berger joins the World Cement Podcast to dive into the details of a recent report highlighting five must-win themes for Southeast Asian cement producers.
Tune in to the World Cement Podcast on your favourite podcast app today.
