Votorantim to boost capacity, Brazil
Votorantim Cimentos (VC) is to invest around US$850m by 2010 to boost its cement-making capacity by 30% to 25Mta.
The company plans to open eight new plants to supply the country’s north and northeastern regions.
In 2006 the company produced 18Mt of cement, around half of Brazil’s total cement supply. Domestic demand is set to rise by 6-8% annually over the next five years, according to a recent survey by MCM, an industry consulting firm.
Published under Cement News
