CEMEX have signed a supply contract with Consorcio Grupo Unidos por el Canal, the primary contractor for the construction of the third set of locks of the Panama Canal expansion project.
The contract calls for approximately 500,000 tons of cement and represents an integral phase of the expansion project, which includes two locks, the excavation of access channels to the new locks and the widening and deepening of navigational channels.
Jesus Gonzalez, president of CEMEX Central America, said: ‘As part of the contract, CEMEX will provide specially designed products for the engineering requirements of the work and ensure supply – a result of investment in the expansion of our production capacity since 2008.
‘We are proud to have been selected to be part of the Canal expansion project, which has real promise to be a catalyst for development of the country of Panama.’
Over the past two years, CEMEX have invested approximately US$300 million in their Panamanian operations, including a threefold increase in cement production capacity in the country.