A milestone 25-year agreement has been reached between GeelongPort and Boral Cement which will see Boral Cement invest $130 million to construct a new clinker grinding and cement facility at GeelongPort.
In anticipation of the future demand for construction materials in the Victorian region, the new facility has been designed to handle up to 1.3 million tonnes of cementitious products per annum. The facility will be connected by a conveyor system to Lascelles Wharf, providing substantial discharge and processing efficiencies.
“We are excited to extend our partnership with Boral Cement who has operated at GeelongPort for more than 7 years. Our facilities, complemented by our experienced people and freight connections, offer Boral Cement advantages to their long-term business outlook and supports their customers”, Brett Winter, CEO of GeelongPort said.
“Securing long-term sustainable solutions through visionary partnerships enhances our capacity to continue to drive the region’s economy.”, Mr Winter said.
The 25-year agreement at GeelongPort highlights the benefits of strengthening alliances with global operators and the flow on effect it can have to the local and regional economies.
The construction reaffirms Boral’s presence and ongoing investment in the Geelong community.
“Our substantial investment in a new cement grinding and storage facility at GeelongPort will deliver a world class operation, and reinforces our long term commitment to the Victorian construction market. It will have the capacity and operational flexibility to provide our customers with secure supply of a broad range of products that supports their growth”, Ross Harper, Executive General Manager Boral Cement said.
The new facility will allow Boral to increase its capacity to meet future Victorian infrastructure demand, and expand Boral’s product offering to its customers. The Geelong and greater Victorian market is experiencing unprecedented growth driven by population surges and associated government infrastructure programs.
Construction works will commence soon on building the new grinding, storage and dispatch facility. Wharf side works will incorporate ship unloading equipment, including wharf side hoppers and a conveying system linked directly to the facility.
“GeelongPort is committed to building infrastructure to foster growth and prosperity for our city and the region.”, Mr Winter said.
The facility is expected to be operational in 2020.