Cemex is carrying out investments DOP989m (US$22.75m) worth of investments in the Dominican Republic to improve energy efficiency as well as enhance bagging and distribution capabilities.
Some DOP800m will be invested in the company’s San Pedro de Macoris cement plant, while DOP DOP189m will be spent on various activities to strengthen its business. Among the planned projects will be a waste heat generate system with a capacity of 7MW of electricity and improvements in the calcination system to cut Cemex's carbon footprint. Plans also include a 30 per cent increase in bagging efficiency and investments in more trucks to increase its concrete mixer fleet to 110 units.
Cemex is also involved in housing projects to ease the country's shortage.
Crown Cement earned a profit after tax of BDT1001m in FY24
Crown Cement PLC, in Bangladesh, recently released its annual report for FY23-24. During the las...