Luks licensed to expand cement plant

Luks licensed to expand cement plant
Published: 01 January 2007

Provincial authorities granted Taiwan Luks Cement a license to invest an additional US$72.7 million to raise output capacity at their facility to 2.6 million tonnes a year by 2008. The investment will bring the company’s total investment to $171.8 million.

After completing the second phase of its capacity expansion project, the company annually produces 1.2 million tonnes of cement, and has operated in Vietnam for a decade