Media Release: Perry Resources Limited

For immediate release

17 March 2011

Cement project underway in Waitomo region

The Perry Group have confirmed their ambitions of supplying a competitive cement option to the New Zealand market by announcing the continuation of the construction of a $25 million cement plant project in the Waitomo region.

"The plant will be small, relative to other New Zealand plants, producing up to 80,000 tonnes per annum, but will be highly efficient" says Perry Group Chairman Simon Perry. A significant advantage will be the plants ability to produce low cost cement that is close to market. "Due to New Zealand's unique geography, shipping, ports and road transport are expensive parts of the cement supply chain. Our operation is close to major markets and decreases the significant costs associated with shipping and ports infrastructure."

The cement operation will supply concrete customers throughout the Waikato, Bay of Plenty and Auckland regions, "The Golden Triangle."

© Scoop Media