CLH invests in capacity expansion in Costa Rica

Cemex Latam Holdings (CLH) has announced plans to increase the production capacity of its Colorado plant in Costa Rica to 1.1 million tpy by 2017, a rise of 25%. The 3-year project represents a total investment of around US$35 million. It includes the construction of a new grinding mill and a number of capacity-enhancing projects on the plant’s clinker line.

The project will create approximately 90 jobs during the construction phase and some 50 jobs once operations commence.

Cemex Costa Rica presented the projects to the President of the Republic of Costa Rica, Luis Guillermo Solís, the Minister of Foreign Trade of Costa Rica, Alexander Mora, and the General Director of CINDE, Jorge Sequeira, at a bilateral meeting on 10 December in Mexico. Mora noted that the project was a sign of Cemex’s commitment to Costa Rica and demonstrated the advantages that investing in the country could bring.

“With this increased capacity we will strengthen our position in Costa Rica, reiterating our commitment to support the development of the country. We are confident that infrastructure projects will continue driving demand for building materials over the medium-term,” stated Alejandro Ramirez, Director of CLH in Costa Rica.

Adapted from press release by Louise Fordham

Read the article online at: https://www.worldcement.com/the-americas/19122014/clh-to-increase-capacity-of-costa-rica-plant-47/