The new cement grinding mill will be located at Cemex's plant in Guatemala. It will rely on modern and efficient processes for cement production and environmental standards. The new grinding mill, which will produce low-carbon cements, will be designed to be one of the most sustainable in the sector.
"This investment reinforces Cemex's commitment to Guatemala's development and reflects our confidence in the favourable outlook of the economy in the country and the region," said Jesus Gonzalez, president Cemex South, Central America, and the Caribbean. "We are excited about expanding our offer of products and solutions to the market which contributes to sustainable construction, like Vertua, our family of net-zero and low carbon products."
The total value of the investment is approximately US$25 million. The current grinding capacity at the plant is about 0.5 million tonnes per year. Following the completion of the project, production will increase approximately by 0.4 million tonnes to 0.9 million tonnes per year.