Cementos Molins to enter Colombian market

Cementos Molins has signed an agreement to enter the Colombian cement market with local home and construction specialist Corona.

The Spanish cement producer plans to build a EUR335m cement works in Antioquia. The plant will have a capacity of 1.35Mta and is scheduled to come online in mid-2018.

The production facility will provide 220 direct and 250 indirect jobs during operation and an average of 800 jobs during the construction phase, according to local press reports.