Mr Gruznins said that this has been made possible as the company’s new line at its Broceni works has been operating at full capacity for about a year now.
"In 2010 we sold slightly more than 900,000t of cement, while this year it could be over a 1Mt," he said.
Cemex completed the installation of a modern kiln line at the Broceni works in 2009, raising clinker capacity from 0.4Mta to 1.15Mta and further investments at the plant have increased grinding capacity to 1.6Mta – implying a 1Mta capacity increase.
Cemex exports 80% of its production to the other Baltic States, Finland, Russia and Belarus. In 2010, the amount of export quadrupled, compared to the previous year.
"We sell about 20% of the production on the local market, which provides for 70 to 75% of the Latvian market consumption," said Gruznins.
