Votorantim expands cement production

Votorantim expands cement production
18 June 2008

Strong demand for cement in the North and Midwest regions of Brazil are leading Votorantim Cimentos, the biggest producer in the country with a 40% market share, to update its expansion plans in the area and to increase investments. Revised plans include the construction of a new production line at Nobres (MT), where the company already has a production facility, and for a new pozzolana line there. Together, the new projects will absorb BRL$380m (US$234m), which will be added to the BRL$1.7bn (US$1bn) already announced in August, also to be invested through 2010.
Cement sales for the domestic market grew 13.7% in the 12 months through May to a total 47.3Mt, according to estimates of the National Cement Industry Syndicate (SNIC). In May alone, the increase was 12.7% over May 2007. The highlight, according to the entity, was the North, where sales were up 57% last month.
With this performance, outstripping all forecasts, Votorantim already is operating at its full capacity of 900,000t a month at its Mato Grosso plant, which serves not only that state but also Rondônia and Acre. The company will invest R$300m (US$185m) to double production, with a line that will add another 1Mt a month and should be ready in 2010.
Published under Cement News