Cimpor plans to build new cement plant in Mozambique

8 March 2012

Cimentos de Moçambique, the Mozambican unit of Portugal-based cement group Cimpor, is studying construction of a plant in Mozambique at a potential cost of 100 million euros.

“We are carrying out feasibility studies to set up a clinker production plant next to our unit in Dondo,” the chief executive of Cimentos de Moçambique, João Nunes Pereira told financial news agency Bloomberg adding that the aim of the project was to respond to increased demand from Mozambique’s construction sector.

If the project moves ahead the plant will take 36 months to build.

In 2011 sales of cement and clinker by Cimpor rose 10.4 percent to 976,000 tons. Its turnover rose 30.2 percent to 114.6 million euros and EBITDA more than doubled to 23.6 million euros. (macauhub)