Cemex opens new terminal, Latvia

Cemex opens new terminal, Latvia
Published: 04 December 2009

On December 3, Cemex officially opened its new cement import-export terminal in Liepāja,  Latvia which will allow the company to increase cement exports next year by up to 80% of the total volume produced.

The official opening was attended by the Minister of Transportation of Republic of Latvia Kaspars Gerhards, the State Secretary of Ministry of Economy of Republic of Latvia Anrijs Matīss, Head of the City Council of Liepāja Uldis Sesks, management of CEMEX, LM Osta, Latvian Railways, LDz Cargo, Liepājas Metalurgs, TVA Group.

"The opening of cement terminal opens up wide export opportunities for us. If till now we delivered cement to our foreign customers by road and by rail, then now we have signed agreements on export of production to Scandinavia by sea. The increase of export proportion is the only way how the Latvian enterprises will be able to survive. Our aim is to increase our exports to up to 80% of the production next year,” said the head of the board of Cemex Jose Luis Seijo Gonzalez at the official opening.

Cemex’s investment in the terminal amounts to EUR7.2m, which includes the construction of the terminal and infrastructure, thereby creating a significant tool for promotion of export of cement produced in Latvia in foreign markets. The terminal will allow the transport of  550,000tpa of material by sea.