Asia / Oceania
Holcim to invest US$20m to develop Ruhuna plant capacity
Nov, 19 2012
(Sri Lanka) -- Holcim Sri Lanka will invest US$20m to develop grinding capacity at the Ruhuna plant in Galle to meet the future demand in emerging markets.
Vice president marketing and sales Viraj Gunasekera said that the grinding capacity will be increased by 600,000t once the work is completed in 2013. At present the production stands at 400,000tpa.
He said the hotel chains in the north and east has just started work and there will be a rapid growth of demand for cement in the next 2-3 years. The GDP growth of the country is expected to remain at 6-7% and demand for cement will be little higher.
Another packing plant also will be set up in Trincomalee, in the northeast of the country, with an investment of US$4-5m next year.
KHD Humboldt Wedag International AG’s US-based office, Humboldt Wedag, Inc., is executing two orders with Lafarge North America Inc. and Lafarge Canada Inc. (Lafarge) for engineering, delivery of equipment, and site services of new clinker production lines at the Exshaw and Ravena plants. More
US-based Vulcan Materials Company has announced that the sale of its cement and concrete operations in Florida to Cementos Argos is now complete. More