Wärtsilä, Cemex Colombia Renew Long-term Deal

Wärtsilä announced today that it has renewed its Asset Management Agreement with Cemex Colombia, a cement company in Colombia. The agreement was signed during summer 2014 and it is valid for five years. It is a continuation of an earlier Asset Management Agreement which was signed 15 years ago already in 1998.

With this new agreement, Wärtsilä continues to operate and maintain the power plant at Cemex Colombia’s cement plant. The agreement covers, among others, day-to-day operation of the power plant and the natural gas station (city gate), preventive and predictive maintenance services, management of parts logistics and technical support services. This agreement is a long-term operational partnership with a common goal to ensure maximized lifetime, guaranteed performance and predictable life cycle costs for the power plant.

“We have worked with Wärtsilä for 15 years already. During these years, Wärtsilä has showed excellent performance in ensuring the reliability and availability of our cement factory in Ibagué. Wärtsilä has also introduced innovative upgrades which will further improve the performance and reliability of our power plant. We are happy to continue our long-term partnership with them,” said Jairo Guerrero, Energy Director from Cemex Colombia.

"Cemex Colombia is one of the major cement companies and leading suppliers of building materials in Colombia. By transferring the operative responsibility of the power plant to Wärtsilä, the agreement continues to provide Cemex Colombia with the highest possible level of risk management. It also offers them full peace of mind and the possibility to focus on their core business,” said Edison Romero, General Manager, Contract Management from Wärtsilä Services.

Cemex Colombia’s cement plant is powered by five Wärtsilä 34SG engines, with a total capacity of 25 MW. The plant is located near Ibagué, a municipality in the department of Tolima in Colombia.