Displaying items by tag: Grupo Regulado

El Salvador: Cementos Fortaleza is establishing a new 0.3Mt/yr cement plant at Acajutla in Sonsonate Department. The Diario El Mundo newspaper has reported that the subsidiary of Grupo Regalado and Mexico-based Elementia plans to commission the plant in eatly 2023. The company will invest US$40m in its construction. The plant will produce its cement from 20% El Salvadorean-produced raw materials and will primarily serve local consumption, with the possibility of also exporting some cement.

Grupo Regalado representative Marcos Regalado Nottebohm said “It is challenging to invest in a project of such magnitude. This has been a natural step between two large business groups of great renown.”