Cementos Interoceanicos to establish 1.0Mt/yr cement plant in Peru

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Peru: Cementos Interoceanicos has contracted Switzerland-based Satarem to establish a 1.0Mt/yr cement plant in Puno. The Gestión newspaper has reported that Satarem intends to buy a 30% stake in the producer. The scheduled completion date for the work, which also includes setting up two new lime plants, is mid-late 2022. The total estimated cost of the project is US$158m.

The producer is reportedly seeking to expand its area of operations in other areas within Peru.

Last modified on 24 March 2021

URL: https://globalcement.com/news/item/12161-cementos-interoceanicos-to-establish-1-0mt-yr-cement-plant-in-peru

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