Ecuador: Cementera Nacional (33.5%) has formalised a strategic partnership with Cementos Yura (63.5%) to expand its installed production capacity for cement and clinker at the Riobamba cement plant. The US$230m investment project will extend over the next 40 months. Ecuador presently imports more than 1Mt/yr of clinker. The expanded Riobamba plant will have a 2400t/day of clinker production capacity, allowing foreign exchange savings of US$75m.
Cementera Nacional establishes joint venture with Yura for Riobamba plant expansion
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