Finnsementii has announced that it is investing EUR12m in a new blastfurnace slag mill at its Raahe plant in Finland. The plant, which will be built on the Lapaluoto industrial site, will double Raahe's existing milling capacity.

"Thanks to the investment and the resulting capacity, we will be able to ensure the availability of slag and more environmentally friendly cement in Finland," says Finnsement CEO, Miikka Riionheimo.

A significant part of the total investment will be directed to the construction of the Raahe plant and part to the Pargas cement plant for dosing equipment and increasing storage capacity. The project will be completed by the end of 2020 and is expected to reduce carbon emissions by five per cent.