FLSmidth to supply Cementos Concepción plant in Paraguay

Paraguay: Businessman José Ortíz says that Denmark’s FLSmidth will supply equipment for a new 1Mt/yr cement plant being built in Concepción. He made the comments in a radio interview, according to La Nacion newspaper. The unit is expected to be commissioned in mid-2021 and it has an investment of US$180m. The project is being financed by the Cartes Group, the Jiménez Gaona Group and José Ortiz. Jorge Mendez, the former president of state-owned cement producer Industria Nacional del Cemento (INC), will be president of the new plant.