Cemex brings forward Caracolito cement plant expansion

Bywanglee

Updated Fri, 10 Apr 2015 11:51:24 GMT

Colombia: The corporate affairs vice president of Cemex in Colombia, Daniel Suarez, has said that the company is bringing forward the expansion of its Caracolito plant, which is responsible for 30% of Colombia's cement supply.

The project includes the expansion of the existing quarry with an additional 110,000m2 of land, a complete reconstruction of the kilns and the replacement of the air treatment filters. Cemex will also open a new plant in the northeast of Antioquia.

Cemex's Colombian sales have exceeded 1Mt/month in recent months, driven by projects like '4G motorways' and housing schemes. Cemex does not export any cement from Colombia. 65% of its revenues in the country come from individuals who buy cement to either build new rooms for their homes or build a home by themselves. 35% is sold to construction firms.