Vue Australia And East Coast Cement announce deal
Vue Australia and its trading entity East Coast Cement, have announced that they have completed full commissioning of their major 34,000-tonne cement terminal facility on Kooragang Island at the Port of Newcastle.
Previously a petroleum coke and alumina storage facility that was set for closure, Vue recognised an opportunity to revive the site to house cement. "The team has worked hard over the last two years upgrading the 1968 infrastructure, improving efficiencies and bringing it up to the latest operational standards," said Alan Marsden, CEO of Vue and ECC. "We have also worked closely with our global cement supplier and we can deliver a range of quality products suitable for the Australian market."
ECC will be in a position under current approvals to deliver up to an initial 300,000 tonnes of cement to the NSW market annually. The facility also has further capacity for related products and additional cement.
Marsden said, "We are also delighted to announce our first major contract with a significant multinational company and are very encouraged by other early stage discussions with potential customers. With full commissioning having now occurred, we can move with confidence to grow our business towards our targets with monthly shipments of cement having commenced".