Quinn Cement and Warrenpoint Harbour Authority have announced the opening of a new cement export hub at Warrenpoint Harbour, Co. Down. This £2.5 million investment reflects a 10-year deal between the Cavan-based company and Warrenpoint Harbour Authority. Final commissioning of the new facility was completed at the end of January 2017.
The export hub has an operational capacity of 7500 t and will be dedicated to the export of bulk cement from the Quinn Cement operations in Ireland. The investment is a key pillar in Quinn Cement’s growth agenda for its GB operations and complements a £1.3 million upgrade to the Quinn Cement GB import facility in Rochester, Kent.
Dara O’Reilly, CFO of Quinn Industrial Holdings, said: “This is an important and timely development for the business ahead of Brexit. It will allow Quinn Cement to strengthen our supply chain for bulk product, accommodate more flexible transport from our production facility in Co. Cavan and enhance the competiveness and sustainability of our operations on both islands. It also represents an endorsement of our working relationship with Warrenpoint Harbour Authority who have been extremely good to work with. Importantly, we believe this investment will help sustain and grow jobs at Quinn Cement and underpin economic activity on both sides of the border and in the South of England.”
Warrenpoint Harbour Authority Chief Executive, Peter Conway, said: “The Port is delighted to consolidate the excellent trading relationship with Quinn Cement with the opening of the new export hub at the Harbour. This investment and 10-year deal demonstrates the long-term commitment of both parties to the successful business venture and is a major enhancement to the Port’s trade. The Quinn Cement venture is a further demonstration of the Port working as an economic driver creating prosperity and jobs in the local economy and the Authority wishes Quinn every success in the future growth of its business.”
Read the article online at: https://www.drybulkmagazine.com/ports-terminals/10022017/quinn-cement-open-export-hub/