Fiji: Fijian Holdings (FHL) plans to construct a new cement plant within the next two to three years in Lami, replacing the current facility which began operations in 1962. According to CEO Jaoji Koroi, the existing plant, operated by subsidiary Pacific Cement, has faced issues with machine breakdowns, which have affected production and profitability. In 2023, damaged machine parts forced the plant to close down for two months. The proposed new plant reportedly aims to produce more ‘environmentally-friendly’ products. The announcement follows a year where Pacific Cement saw reduced sales due to price controls and outdated equipment.
Fijian Holdings to build new cement plant
URL: https://globalcement.com/news/item/18106-fijian-holdings-to-build-new-cement-plant
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