Cemex has announced that its United States subsidiary Cemex, Inc. has reached an agreement with Levin Enterprises to build a 1Mta Portland cement import terminal in Richmond, CA. This state of the art terminal will enable CEMEX Inc. to meet the needs of a growing construction market in Richmond, CA. and the surrounding areas.
"We continue to strategically enhance our cement portfolio. This new terminal will increase the flexibility of our existing distribution system, enabling us to meet the demands of the rapidly expanding markets in the West Coast," said Gilberto Perez, president of Cemex U.S. operations.
Construction of the terminal will take place in two phases. Phase I will consist of a 500,000tpa rail terminal that will meet the immediate needs of the market. Phase II will consist of the construction of a one million metric ton import terminal. Phase I is expected to be operational by 1Q05.