Thursday, June 25, 2015

CIMENTOS DE MOCAMBIQUE TO BUILD NEW PLANT IN NACALA

Cimentos de Mocambique (Cement of Mozambique) has announced that it is to build a cement production facility in the northern port city of Nacala at a cost of around 250 million US dollars.Production at the new plant is expected to begin in 2018 with an annual output of 1.5 million tonnes of cement.Cimentos de Mocambique currently employs 1,200 workers and produces 3.1 million tonnes of cement per year. It is owned by the Portuguese company CIMPOR, which is part of the multinational group InterCement. InterCement now has forty production units around the world, with an installed capacity of 38 million tonnes. It also operates in Brazil, Argentina, Paraguay and Portugal.The announcement came in the same week that Turkish company Limak Holding pledged to invest 150 million dollars in a cement factory in the southern city of Matola. This will employ at least five hundred workers in the first phase with a capacity of 600,000 tonnes of cement per year. In the second phase output will increase to two million tonnes a year.

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