GCC plans to invest US$500m over the next three years to the end of 2024 on increasing its production capacity and strengthening its logistics and distribution network in North America. New projects in the development include the expansion of a cement plant. It is also looking to conduct debottlenecking at the integrated Samalayuca plant in Mexico. Also in their agenda is the construction of two new terminals and other projects to improve the company’s operational efficiency and its social and environmental strategy. The cement producer has reported strong sales in 2021 and it expects the sales results to be even better in 2022 and 2023, particularly in the US, due to the effect of the US infrastructure bill.
Notably GCC reported that both the kilns at its Odessa plant in Texas were running at full capacity in 2021 and an additional kiln at a plant in Chihuahua, Mexico was complimenting supply to the US state. High demand was also recorded in Montana.