Displaying items by tag: Bolivia

Bolivia: SEDEM, the government’s business development agency, has refuted accusations that a new cement plant being built in Caracollo, Oruro does not have enough water or raw materials. Patricia Ballivián, the general manager of SEDEM, presented reports from PricewaterhouseCoopers and C & C Ingeniería y Procesos defending the supplies to the unit. The reports were released in response to accusations by a local politician that the project had been poorly planned.

The reports revealed that the Empresa Publica Productiva Cementos de Bolivia’s (ECEBOL) plant will recycle the industrial portion of its water supply. It will have a supply of 4l/s and a 3.5Ml reservoir. It also has limestone, gypsum and clay reserves sufficient for the production of 100Mt of cement. These are expected to last the plant 60 years.

Bolivia/Mexico/US: The US District Court of Colorado has confirmed compensation of US$36.1m awarded to Bolivian investment company Compania de Inversiones Mercantiles (CIMSA) from Mexico’s Grupo Cementos de Chihuahua (GCC). The arbitration follows a dispute that started in 2011 between CIMSA and GCC about the sales of shares in the Sociedad Boliviana de Cemento (SOBOCE) to Consorcio Cemento del Sur de Perú.

GCC said that it will continue to dispute the ruling and that it would continue to fight the legal case in Bolivia. In 2015 local courts in Bolivia overturned damages imposed by the Inter-American Commercial Arbitration Commission (CIAC) upon GCC.

Bolivia: Weimar Pereira, vice-minister for Medium and Large Scale Industrial Production, says that the government is close to signing new rules for cement industries that will prioritise domestic products over imported asphalt on roads and for public works. He made the statement in talks with local producers Fábrica Nacional de Cemento (FANCESA) and Cooperativa Boliviana de Cemento, Industrias y Servicios (COBOCE) as well as union representatives, according to the Correo del Sur newspaper. The new rules are expected to be implemented by August 2019.

Bolivia: Sacyr Industrial and Imasa Ingenieria y Proyectos have awarded a contract to Claudius Peters for a packing and palletising system for the Potosí cement plant. The scope of delivery consists of a 12 spout Pacpal Roto Fill with a capacity of 3600bags/hr, an automatic bag applicator with cassette magazine as well as a palletizing system Pacpal Palletiser 5000. The palletiser is designed for 50kg bags and suitable for a five-bag layer type on slip sheets. The plant is operated by the state-run cement producer Empresa Publica Productiva Cementos de Bolivia (ECEBOL). No value for the order has been disclosed.

Bolivia: The Lower House of the Plurinational Legislative Assembly has approved a bill allowing state-owned cement producer Empresa Publica Productiva Cementos de Bolivia (ECEBOL) to buy land at Chiutara in Potosi to build a future plant. ECEBOL will buy 39.8 hectares for a project with an investment of around US$240m, according to the El Potosi newspaper. The new plant will have a production capacity of 1.3Mt/yr.

Bolivia: President Evo Morales plans to prioritise the use of local produced cement for the construction new roads. He made the comment on a tour of a new cement plant being built at Caracollo, Oruro, according to the Pagina Siete newspaper. A decree or law will be used to enforce local government to use Bolivian-produced cement.

Bolivia: Fábrica Nacional de Cemento (Fancesa) plans to target markets in La Paz and Cochabamba. It will open agencies in the locations in early 2019, according to the Correo del Sur newspaper. The cement producer operates a plant at Sucre in the south of the country.

Bolivia: A group of retired workers who used to work for Sociedad Boliviana de Cemento (Soboce) have asked for a 10% share in the cement producer. They have made their request to the company’s largest shareholder, the businessman and politician Samuel Doria Medina, according to the La Razon newspaper. They were allocated a 10% share in the business in 1975. However, the pensioners allege that Doria Medina cancelled their shares using false documentation. Doria Medina holds a 49% share in the company. He sold the other 51% share for US$300m to Holding Cementero, the largest shareholder of Consorcio Cementero del Sur, which is part of Gloria Group in 2014.

Bolivia: The Potosí cement plant being built by Empresa Publica Productiva Cementos de Bolivia (ECEBOL) hopes to produce its first cement bag by December 2019. Work on the plant is over half-complete, according to the El Potosí newspaper. Construction work on the main platform of the preheater tower is continuing and civil engineering work on the mill has been completed. Most of the equipment for the project has been supplied. The plant is being built by Sociedad Accidental Imasa Polysius, a joint venture created by Polysius and Imasa. The US$240m unit will have a production capacity of 1.3Mt/yr when finished.

Bolivia: The head of Sociedad Accidental Imasa Polysius, a joint-venture created by Polysius and Imasa, Zubim Andrade, says that a cement plant that company is building in Potosí is more than 45% complete. The half-way mark is expected to be met by the end of October 2018, according to the El Potosí newspaper. Over 900 people are working on the project and most of the equipment for the unit has arrived. The 1.3Mt/yr cement plant has a cost of around US$240m.