Calucem Plans an USD 35 Million Investment in a New CAC Cement Plant in USA – the 1st Investment by Cementos Molins in USA
Sunday, September 18, 2022
Specialty cement manufacturer Calucem will enhance the presence in the US market by developing a manufacturing facility in New Orleans with an investment amounting to USD 35 million. Calucem, a subsidiary of Cementos Molins, is the world’s second-largest producer of Calcium Aluminate Cement (CAC), a high-performance product applied in a variety of commercial and industrial uses. The project will create 70 direct jobs and the Louisiana Economic Development estimates the project also will result in 158 indirect jobs, for a total of 228 new jobs for Louisiana’s Southeast Region.
“In choosing Louisiana, Calucem recognizes our unrivaled logistical advantages for connecting manufacturers to both domestic and foreign markets. The site this international company has selected in New Orleans is emblematic of the state’s many strategic locations for the manufacture and worldwide shipment of products. We welcome this direct investment in our diversified economy”, Gov. John Bel Edwards said.
Calucem plans to develop the facility at a nine-acre site on the Industrial Canal. The facility is expected to begin operations in the 3rd quarter of 2023.
“Calucem is taking on a new investment that will support our growth and diversification in the US and ensure that we continue to offer high-value products to our global customers. Our choice of Louisiana for our first all-new manufacturing project in the US is due to the availability of strategic raw materials such as limestone and natural gas, access to waterways and skilled labor, and the long history of using specialty cement products in the US,” said Yuri Bouwhuis, Calucem President and CEO.
Cementos Molins operates facilities in 12 countries on four continents and the new plant in New Orleans will be the third calcium aluminate cement production center, joining Barcelona in Spain, and Pula in Croatia.
“This investment drives the company’s growth in innovative and sustainable solutions for the construction sector and consolidates Cementos Molins as a world reference in the production of calcium aluminate cement. I deeply thank the entire Calucem team for their efforts to launch this investment that enhances our international development and implies a new step forward in our profitable and sustainable growth strategy,” Cementos Molins CEO Julio Rodriguez said.
Calucem is a specialty cement producer of Calcium Aluminate Cement (CAC) for the last 100 years. CAC is a fast pace binder for several applications like building chemistry, refractory and a range of specialty applications. Calucem is a market leader through innovation and sustainable solutions and is currently exporting to more than 60 countries.
Cementos Molins has been creating products and developing innovative and sustainable solutions for the construction sector for more than 90 years. This enables the company to contribute towards the development of society and people's quality of life. Cementos Molins is currently developing its activity in Spain, Mexico, Argentina, Uruguay, Bolivia, Colombia, Germany, Croatia, Turkey, Tunisia, Bangladesh, and India. The company´s integrated business model includes aggregates, cement, ready-mix concrete, mortars, precast solutions, urban landscaping, architectural facades, and waste management. The company´s long history has been possible thanks to a team over 6300 employees in 12 countries on 4 continents, who work every day with passion, respect, and integrity.