Portugal Cimpor To Increase Output by 44 per cent

Portugal Cimpor To Increase Output by 44 per cent
Published: 11 May 2004

Portugal’s cement producer Cimpor expects to increase its output by 44 per cent, up to 31.8Mt of cement by 2008.  Cimpor plans to acquire companies abroad that are expected to produce 6.0Mt of its output.  The company has so far invested Euro 2.1m during the past 11 years in increasing its production capacity to 14.8Mt of cement. Cimpor will have to invest Euro 850m by 2008 to fulfil its aims.