Lafarge expands to RI
Lafarge expands to RI
PARIS (Reuter): French building materials group Lafarge said on Tuesday that it planned to build a cement plant with a capacity of 1.4 million tons in Indonesia.
Lafarge said in a statement that its PT Semen Andalas unit would build the plant near the city of Medan in the north Sumatra province.
The project, whose cost was not disclosed, must be approved by local authorities.
Lafarge controls 56 percent of Semen Andalas, which operates a cement plant in the Aceh province.
Lafarge said average growth for Indonesia's 26 million ton cement market may exceed 10 percent over the next years.