HeidelbergCement plans EUR50m investment in Belgian Liege

HeidelbergCement plans EUR50m investment in Belgian Liege
Published: 27 March 2007

HeidelbergCement AG will invest EUR50m (US$66.4m) in the construction of a waste treatment facility and cogeneration plant at its Lixhe cement works near Liege, southern Belgium, Belgian daily L’Echo reported on March 23, 2007.  
 
The investment is expected to reduce  HeidelbergCement’s power costs, which currently account for 25 per cent of the overall production costs in Lixhe.  
 
Currently, the group is in talks with a potential partner for the construction and equipment of the waste treatment facility, which will be built near the Maas river.  
 
HeidelbergCement has closed its Lixhe wet processing kiln and carried out a major restructuring of the dry process production line in order to increase capacity and to meet environmental protection standards.