Construction at McInnis Cement’s new cement plant and deep-water terminal in Port-Daniel-Gascons, Canada, was nearly 90% complete by the end of last year, according to a company update. The company now expects the plant to enter operation by Spring 2017.
Work at the site stepped up towards the end of last year with sometimes as many as 1500 people working onsite. “This heightened pace of construction will allow the project to be capable to process its fist cement deliveries at that time,” the company said.
Recent activity at the site included quarrying and tests on the crushing line and the conveyors that will transport limestone from quarry to plant. The site also received several transport ships loaded with raw materials.
In November, the company announced that it had secured CAN$280 million in new financing, allowing it to complete the project on schedule, including CAN$125 million from both the Quebec pension fund, Caisse de dépôt et placement du Quebec, and BlackRock Alternative Investors.
The McInnis Cement plant is currently one of the largest industrial projects under development in Canada with total investment exceeding CAN$1 billion.