Cemex reports on Maceo situation

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Colombia: Cemex Latam Holdings, the subsidiary of Mexican cement company Cemex in Central and South America and Caribbean region, has confirmed that is ‘solving’ the legal issues that prevent the opening of its new plant in Maceo, Antioquia, Colombia. The inauguration of the facility was postponed in May 2017 after authorities stated that the plant had not obtained all the permits to start operations. Jaime Muguiro, president of Cemex Latam, expressed that the company was still awaiting authorisation for the expansion of the plant's installed capacity, which is currently artificially limited to 0.25Mt/yr. The plant has a design capacity of 1.3Mt/yr and has so far cost Cemex US$420m.

Last modified on 14 February 2018

URL: https://globalcement.com/news/item/7070-cemex-reports-on-maceo-situation

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