Mexico: Elementia plans 1.5Mta expansion

Mexico’s Elementia conglomerate announced it will invest US$250m to expand capacity at its Atotonilco de Tula plant in Hidalgo, operated by Cementos Fortaleza.

Following completion of the project in 2017, the plant will have a capacity of 3.5Mta.

In 1Q15, Elementia saw its revenues increase to MXN4070m, up 12 per cent YoY as its cement division registered 26 per cent growth.