High demand forces HeidelbergCement to build new plant - Azi

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German group HeidelbergCement will build a new cement plant next year using investments in the region of around 300-330 million euros, while the current facilities in Bicaz, Fieni and Deva are working at full capacity.

The local subsidiary of HeidelbergCement, Carpatcement Holding, forecasts an annual rise of 15-20% in cement consumption by 2018, given that large infrastructure projects have yet to start, whilst the construction market is being buoyed by real estate projects. "The group"s...

Read the whole story in: Ziarul Financiar

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