Brazil: Votorantim Cimentos has inaugurated a new cement plant at Primavera in Pará state. The US$258m plant has a production capacity of 1.2Mt/yr. It will serve the North and Northeast regions of Brazil.
“This plant in Primavera is part of Votorantim Cimentos’ major investment plan. Despite the challenging situation in Brazil, we are moving forward with our long-term vision and our confidence in the development of the country,” said Walter Dissinger, CEO of Votorantim Cimentos. Construction of the plant also included a social investment programme in the local area that invested US$3m towards a local library, schools and a health centre.
The new operation is part of the company’s expansion plan, which will increase its global capacity to approximately 59Mt/yr by the end of 2018, in line with the company’s plan of geographic diversification. This expansion plan adds to investments of US$3.6bn made between 2007 and 2015, which resulted in a 94% increase in global production capacity.
The investment plan to 2018 also includes expansions at Charlevoix in the US, Sivas in Turkey and a new cement plant at Yacuses in Bolivia. The company is also expanding in the San Luis region of Argentina.
