Elementia announced the development of a cement grinding facility in Progreso, a port city in the Yucatan Peninsula of Mexico, with a total investment potentially reaching $30 million. A production line will have an installed capacity of more than 250,000 tons per year.
In line with Cemento Fortaleza’s commercial strategy, the cement produced at the plant will be top market quality and will have minimal environmental impact. The new facility is expected to begin commercial operations by the end of the first half of 2019.
The project is part of the company’s previously announced profitable growth strategy focused on countries were it currently operates. Elementia has cement operations in the U.S., Mexico and Costa Rica through several brands, such as Cementos Fortaleza, Giant Cement, Keystone Cement, Dragon Cement and Cementos Fortaleza by Plycem.