Holcim invests $55 million in Mexico

14 February 2024 14:10

Zurich CCGreater ZurichSwissCham Mexico

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Zug/Macuspana - Holcim México has announced the construction of a new grinding unit in its cement factory in Macuspana. With an investment of $55 million, the building materials manufacturer is aiming to increase the volume of cement it produces in southeastern Mexico to 1.5 million tons per year.

Holcim México is investing $55 million in building a new grinding unit at its cement factory in Macuspana, in the state of Tabasco. The new mill will be brought online at the end of 2024.

As the Zug-based building materials producer has announced, the unit will be one of the most modern and efficient in the country, with a high degree of automation and focus on sustainability. According to the press release, the Macuspana cement factory is the first in Mexico to produce cement with calcined clay. This enables CO2 emissions to be reduced by up to 50 per cent compared with conventional cement.

The expansion will increase the factory's capacity for cement production to 1.5 million tons per year. Holcim México says the new grinding plant will create 800 jobs during the construction phase and increase the number of employees at the factory to over 300 once it is brought online.

CEO Jaime Hill explains that this investment reflects the company’s strong belief in the potential of southeastern Mexico and its commitment to the region’s sustainable development: “This expansion not only enables us to increase our capacity to supply the states of Tabasco, Chiapas, Campeche, Yucatàn and Quintana Roo, but also strengthens our role in decarbonizing the construction industry, for example by offering low-emission products like our ECOPlant cement range.” ce/mm

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