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Article: BRAZIL: CEMENT FACTORY TO INVEST US$ 180 MILLION IN BRAZIL.
- Article from:
- IPR Strategic Business Information Database
- Article date:
- May 31, 2006
CopyrightCOPYRIGHT 2006 Info-Prod (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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According to anba: The Industrial, Commercial and Mining Enterprise Society (Soeicom), owner of cement brand Cimentos Liz, is going to invest approximately US$ 180 million in increasing and modernizing production in their plant in the city of Vespasiano, in the southeastern Brazilian state of Minas Gerais. The production is going to rise from the current 1.9 million tonnes per year to 2.9 million by 2009, according to company president Paulo Vasconcelos. The increase will be 53%. According to information disclosed by the government of the state of Minas Gerais, the works are going to begin this year and should be completed by 2008. The forecast is for the works to generate ...
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