By Peter OBIORA InvestAdvocate

Lagos (INVESTADVOCATE)- Newly merged world cement, aggregates and concrete firm, LafargeHolcim said early Monday  it has completed its Tuban project in Indonesia.

The plant which has an annual capacity of 3.4 million tonnes  is located in Eastern Java around 200 km from the city of Surabaya, the company said in a statement made available to InvestAdvocate.

The is the second kiln line at the cement plant which will allow LafargeHolcim to tap into key developing markets in Indonesia’s East Java Province.

LafargeHolcim says the plant’s coastal location and jetty provides the Group with the flexibility to ship products to other important interisland markets including Sumatra, Kalimantan and Sulawesi.

“With the completion of the project, the construction of which was launched in 2011, LafargeHolcim will be able to leverage its new footprint and asset base in Indonesia and in future thrive in a low investment
environment,” the world cement maker added.

The Tuban plant has been designed to set new benchmarks in health and safety, low-cost production and environmental performance, while delivering reliable supply of vital building materials to Indonesia’s growth markets and providing high quality services to its customers.

As one of the largest cement companies in Indonesia, Holcim Indonesia, a member of the LafargeHolcim Group, operates three integrated cement plants and one grinding station with a combined capacity of around 12.5 million tonnes per year. LafargeHolcim has a 1.6 million tonnes cement plant
operated by Lafarge Indonesia and situated on Sumatra.