Cemex is expected to start construction on a new grinding and packing unit in Nicaragua. The new plant represents an investment of US$50m and will be implemented in two stages.

Carmen Reyes Garcia, president of Nicaragua’s Compañía Nacional Productora de Cemento (CNPC), and Andrés Jiménez Uribe, country director for Cemex Nicaragua, recently signed an agreement by which the government authorises the Mexican company to build and operate the new unit outside CNPC’s cement works in San Rafael del Sur.