Swiss cement firm Holcim's Colombian unit will invest roughly US$100mn in its Nobsa cement plant, in central Boyacá department, local paper El Tiempo reported.
The firm will purchase and build a vertical mill whose operation will increase cement production by 700,000t/y, the report said.
The expansion will increase the company's production to 1.7Mt/y, with the capacity to reach 2Mt/y.
The mill is expected to start operations in November 2009.
Also, the firm is working on the construction of an automatic cement packaging facility.
Another project to be carried out at the Nobsa plant is the upgrade of the raw materials storage area.
Publication: Business News Americas - English News
Provider: Business News Americas
November 20, 2008 (21:21)
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