Displaying items by tag: Bolivia

Bolivia: Antonio Pino, Vice Minister of Hydrocarbons, says that a new gas pipeline will have to be built to supply the Potosí cement plant at Chiutara. This may delay the start of the new plant to as late as early 2022, according to the El Potosí newspaper. The 1.3Mt/yr integrated unit was previously planned to start operation in February 2020.

The project was supported by the country’s previous government administration through the creation of Empresa Publica Productiva Cementos de Bolivia (ECEBOL. The plant is being built by Sociedad Accidental Imasa Polysius, a joint venture created by Polysius and Imasa.

Bolivia: Empresa Minera Industrial’s 0.1Mt/yr integrated cement plant has resumed operations across both dry lines following a fuel shortage. Tinformas has reported that a natural gas shortage caused the suspension of operations in November 2019 following an attack on a pipeline.

Colombia: Empresa Colombiana de Cementos (EcoCementos), a 50-50 joint venture between Colombian multinational Organizacion Corona and Spanish-based Cementos Molins, has announced the start of production at its new 1.5Mt/yr integrated cement plant at Sonson, Antioquia province. The plant, which was constructed with an investment of US$380m, mines limestone from its own quarry and will produce Alion brand cement for the Colombian market. The unit is increases Cementos Molins’ first in Columbia. It already produces and trades cement via its subsidiaries in Argentina, Bolivia and Uruguay.

Paraguay: Bolivia-based Itacamba Cemento has increased its cement exports to Paraguay in the eight months to 31 August 2019 to 38,000t, 10% of the latter’s market demand. This represents an increase of 322% compared to 9000t in the same period of 2018. Pagina Siete has reported that the company additionally imported 36,000t of clinker, a 32% decrease of from 53,000t in the eight months to August 2018. Itacamba Cemento general manager Alexander Capela has expressed the company’s desire to use the Paraguay-Paraná Waterway to export surplus finished product, mainly to wholesale distributors in Asunción. The company aims to consolidate its 1.2Mt/yr capacity to meet Bolivia’s increasing domestic demand, currently 4.5Mt/yr.

Itacamba Cemento began exporting cement to Paraguay in 2017 due to the favourable exchange rate and hence a high profit margin for Bolivian produce exchanged for Paraguayan guaraní.

Bolivia: Empresa Publica Productiva Cementos de Bolivia’s (ECEBOL) new integrated cement plant at Caracollo in Oruro has been inaugurated. President Evo Morales attended the event for the 1.3Mt/yr plant, according to the Correo del Sur newspaper. The project had an investment of US$306m and it was built by a consortium of Sacyr, Imasa and Polysius.

Bolivia: The Bolivian parliament has approved draft legislation prioritising the use of locally produced cement by local government and state-owned companies for infrastructure projects and road construction. The law will support the opening of two new cement plants at Potosí and Oruro in late 2019, according to El Potosi. The new rules further extend a decree announced in March 2019.

Bolivia: Empresa Publica Productiva Cementos de Bolivia’s (ECEBOL) at Caracollo in Oruro will start commercial operation in August 2019. The US$306m plant will have a production capacity of 1.3Mt/yr, according to Radio FM Bolivia. A consortium of Sacyr, Imasa and Polysius have worked on the project.

Bolivia: Imports of cement fell by 30% year-on-year to 0.19Mt in 2018 from 0.27Mt in 2017. Data from the Bolivian Foreign Trade Institute and the National Institute of Statistics of Bolivia shows that cement imports were 0.51Mt in 2016, according to Hoy Bolivia. In 2018 Peru was the largest exporting country to Bolivia followed by Brazil, Argentina and Mexico. An increase in local production through the opening on new plants has contributed to the declining imports.

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.