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Cimpor suspension sees port of Faro lose business

Portugal: The commercial port at Faro has seen activity stop since June 2016 following the decision by Cimpor to suspend operations at its quarry in Loulé. The cement producer has been the port’s biggest client in recent years and in 2016 it became the site’s only, according to the Portugal News newspaper. A report by the Authority for Mobility and Transport shows that movement at the port fell by 45% year-on-year for the first nine months of 2016. Cimpor stopped operation at its quarry in September 2016 and laid off 57 workers citing the cancellation of major cement export contracts to Algeria. It hopes to resume operations at the site in 2017.

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Cimpor suspension sees port of Faro lose business

From : Global coment   Release times : 2017.09.08   Views : 62

Portugal: The commercial port at Faro has seen activity stop since June 2016 following the decision by Cimpor to suspend operations at its quarry in Loulé. The cement producer has been the port’s biggest client in recent years and in 2016 it became the site’s only, according to the Portugal News newspaper. A report by the Authority for Mobility and Transport shows that movement at the port fell by 45% year-on-year for the first nine months of 2016. Cimpor stopped operation at its quarry in September 2016 and laid off 57 workers citing the cancellation of major cement export contracts to Algeria. It hopes to resume operations at the site in 2017.

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