Lafarge is pursuing its strategy of internal growth in high-potential markets with a new production line in its Otalavo cement plant, in the province of Imbabura, 110km north of the capital city Quito.
Inaugurated on May 14th by Mr. Bruno Lafont, Chairman and CEO of Lafarge, with Mr. Xavier Abad, Minister of Industry, the extension of the Otavalo cement plant was carried out in a record time of 18 months.
It represents an investment of US$120m and doubles the cement production capacity of Lafarge in Ecuador, which now reaches 1.6Mta. The new production line is operational since the beginning of the year. It is equipped with the latest technology and meets the Group’s most stringent international standards for quality and environmental protection.
Located in an altitude of 2800m, this cement plant is the highest of the group and supplies one of the country’s most dynamic regions. The extension will meet the demand for cement on the Ecuadorian market, which has been strong for several years.