www.aggregateresearch.com - Latest industry news on Aggregates, Asphalt, Cement, Concrete and more. Cemex Latam Holdings has completed the first phase of its new cement grinding plant in Ciudad Sandino, Managua.
Cemex spent $30 million for infrastructure procurement and the installation of the first cement grinding mill, with an annual production capacity of approximately 220,000 tonnes.
The second phase, which is expected to be completed by the end of 2017, will include the installation of a second cement grinding mill with an additional annual production capacity of approximately 220,000 tonnes and an additional cost of approximately US.$25 million.
Cemex expects total annual cement production capacity of approximately 860,000 tonnes when the second phase opens.
“The positive business outlook in Nicaragua strengthens our commitment to be a reliable supplier given the growing need for high quality building materials required for public infrastructure, commercial projects, and housing in the country,” Fernando A Gonzalez, chief executive, Cemex, said.