Invecem to double San Sebastian output, Venezuela

Industria Venezolana de Cemento (Invecem) is expected to double production at its plant in San Sebastián de los Reyes, Aragua state, brings its third production line on-stream, according to Venezuela’s industry minister, José David Cabello.

The new line is a Sino-Venezuelan joint venture with an investment of US$144m, provided by the Chinese Fund as part of an agreement between the two countries.