Cementos Molins invests Euro 90m in 2004

Cementos Molins invests Euro 90m in 2004
Published: 01 July 2005

Spanish cement company Cementos Molins invested Euro 90m in 2004, the CEO of the company, Joan Molins, told a news conference on June 30, 2005.  Of this, Euro 31m was spent on a new kiln in Mexico, which would begin operation in 2006. The kiln will be built at the Mexican cement company Corporacion Moctezuma plant, in which Cementos Molins holds 50 per cent. Cementos Molins also plans to build a factory in Sant Vicenc dels Horts, northeastern Spain.  Molins said that the company would continue to look for business opportunities especially in countries like Brazil.