Cimpor invests EUR120m in Mozambique

Cimpor invests EUR120m in Mozambique
18 March 2008

Responding to the improved prospects for the growing market in Mozambique, Cimpor, which, through Cementos de Moçambique, owns the country’s sole integrated cement producer, has decided to construct a kiln at the Dondo works near Beira, where the company already has a grinding station.

The kiln will have a production capacity of 1,500tpd and the grinding capacity at Dondo will also be increased, from 0.24m tonnes par annum to some 0.6Mt.  The additional capacity should be on-stream by 2010.  In addition, Cementos de Moçambique is almost doubling grinding capacity at the Matola works near the capital Maputo.

In a separate move, Cimpor is expanding its downstream operations in Spain through two acquisitions in the Cordoba region at a combined cost of EUR6.23m.  Through its Spanish subsidiary Occidental, its is buying a quarry with an annual production rate of 0.35Mt and two batching plants that will add an annual production of 50,000m³. 
Published under Cement News