Polimix invests R$70m in new cement plant

Polimix invests R$70m in new cement plant
Published: 27 April 2005

The Brazilian Polimix Concretos is investing R$70m until the end of 2006 in a cement plant with a capacity of 1.2mil mtpy in Rio Branco do Sul (Parana) to supply the domestic market. The plant is being designed with technology developed in the country and with modern equipment imported from China. Investments in the acquisition of equipment demanded R$20m. Polimix has three industrial cement sites in Brazil and 130 distribution facilities. The Sergipe-based unit, for instance, has a capacity of 360,000tpa.