Brazil’s CSN Cimentos has announced plans to invest BRL1.5bn (US$387.84m) for a new 3Mta cement facility in Paraná. Eduardo Bekin, president of the Paraná State Development Agency, has confirmed that the company already has the authorisation to conduct economic viability studies and should confirm the plant by late August.

The company considered constructing the plant in Sergipe State, where it owns a limestone mine, according to Valor. The final decision reportedly rests on whether the company receives tax breaks in Paraná.