Bosnia’s Lukavac cement plant, owned by Austria’s Asamer Holding, said it has opened a new 80 million marka (US$58m) production line, which will double its annual output capacity.
The new line has a daily production capacity of 2000t, the company said in a statement made available to SeeNews on Friday.
The output capacity of Fabrika Cementa Lukavac is now doubled to 600,000t of clinker and 800,000tpa of cement.
The investment in the new production line brings Asamer Holding’s total investment in the Lukavac plant, located in the northeast of the country, to EUR200m since it took it over in 2001.
The new line will also ease Bosnia’s dependence on cement imports, shipped mainly from Hungary and Croatia, lowering their share of domestic consumption to 10% from the current 30%.
Fabrika Cementa Lukavac is located in the Muslim-Croat Federation, which together with the Serb Republic forms post-war Bosnia.
Another major cement producer, Tvornica Cementa Kakanj owned by Heidelberg Cement, is also located in the Federation, while Spanish construction materials group Aricam plans to invest 365 million marka in a cement plant to be built in the Serb Republic by 2014.