CIMPOR intends to invest €1.4 billion in Portugal by 2030, much of it to meet the "number one challenge" of decarbonisation, with infrastructure, technology and new products, the CEO said.
The announcement was made by Cevat Mert at a meeting with journalists, which marked around six months since he took over the cement company, after it was taken into 100% ownership by Taiwan Cement Corporation (TCC) in March.
In October, CIMPOR announced an investment of €360 million in decarbonisation and innovation projects by 2026, including €180 million in its Alhandra Production Centre in Vila Franca de Xira, in the Lisbon district.
At this meeting, the CEO of CIMPOR Portugal and Cabo Verde also said that the company's goal is to enter more markets, in addition to the 14 countries where it is currently present.
The announcement was made by Cevat Mert at a meeting with journalists, which marked around six months since he took over the cement company, after it was taken into 100% ownership by Taiwan Cement Corporation (TCC) in March.
In October, CIMPOR announced an investment of €360 million in decarbonisation and innovation projects by 2026, including €180 million in its Alhandra Production Centre in Vila Franca de Xira, in the Lisbon district.
At this meeting, the CEO of CIMPOR Portugal and Cabo Verde also said that the company's goal is to enter more markets, in addition to the 14 countries where it is currently present.
