Ecuador: Ucem to invest US$230m in new clinker plant

Ecuador: Ucem to invest US$230m in new clinker plant
24 September 2015


Ecuador’s Unión Cementera Nacional (Ucem) has signed a contract with Peru’s Casaracra and the Ministry of Production, Employment and Competition to build a new clinker plant in Riobamba, Chimborazo. Casaracra will invest US$230m.

"This investment will replace imports of the value of US$250m over the next 10 years," said Ecuadorian Vice President, Jorge Glas, at the signing ceremony.

The new plant is scheduled for commissioning in 30 months’ time.

Published under Cement News