Cemex continues Central American building spree

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Costa Rica: Cemex, has announced that its subsidiary, Cemex Latam Holdings, will invest US$35m over the next three years to increase the capacity of its plant in Colorado, Costa Rica. The news comes only a few days after the firm announced the resumption of a capacity upgrade at its Tepeaca plant in Mexico.

The project in Costa Rica will increase cement production capacity at the Colorado plant by about 25% and also includes construction of a new grinding mill. By 2017, the plant will have the capacity to produce 1.1Mt/yr of cement.

"We are confident that infrastructure projects will continue driving demand for building materials over the medium-term," said Alejandro Ramirez, director of Cemex Latam Holdings in Costa Rica.

Last modified on 07 January 2015

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