Cemex to resume Tepeaca plant expansion

Cemex to resume Tepeaca plant expansion
Published: 02 December 2014

Cemex announced that it is to restart the expansion of its Tepeaca cement plant in Mexico having put the project on hold in 2008.

The additional investment involves 4.4Mta of new capacity at a cost of around US$200m, taking the total spend on the Tepeaca plant to US$650m. The company had already spent US$450m on the project by 2008. Upon completion in 2017, total capacity of the plant will reach 7.6Mta.

“We are encouraged by our industry’s positive outlook in Mexico. With this investment, Cemex reaffirms its confidence in the country’s future” said Rogelio Zambrano, chairman of the Board of Cemex. “We are proud to contribute to our country’s development.”

The announcement was made during a ceremony at the facility, located in the Mexican state of Puebla, with the attendance of Ildefonso Guajardo, Secretary of Economy of Mexico; Rafael Moreno, Governor of Puebla; Amelio Flores, Mayor of Cuautinchan; Rogelio Zambrano, Chairman of the Board of Cemex; Fernando A. Gonzalez, CEO of Cemex, and Juan Romero, President of Cemex Mexico.