Displaying items by tag: Paraguay

Paraguay: Local press is querying why state-owned cement company Industria Nacional del Cemento (INC) has signed a petcoke contract with Sanfil-GT consortium. A delivery of 12,000t of petcoke has been delayed for logistic reasons, according to the ABC newspaper. The consignment is part of a US$6.5m contract to supply 24,000t of petcoke. In 2018 INC awarded a tender to buy US$6m of Turkish-produced clinker from Sanfil-GT Scientific. However, the manufacturer, Cemco Cement Trading, later warned that neither Sanfil SA nor GT Scientific SA were authorised to market the commodity.

Paraguay: Industria Nacional del Cemento (INC) is planning to upgrade the ventilation system for the kiln at its Vallemí cement plant. The state-owned cement producer has money left over from bonds it issued in 2018, according to the La Nacion newspaper. The work is expected to increase the productivity of the kiln.

Paraguay: Denmark’s FLSmidth has been awarded a contract to deliver equipment for a new cement plant. The contract has a value of over US$54m. The expected plant start-up is within 24 months and the plant is expected to be fully operational in 2021. The plant will have a capacity of 2500t/day and will mainly supply cement to its local market.

FLSmidth will design and engineer the production line and will deliver equipment for the entire production line, from crushing to packing, while the customer will be in charge of the civil design and construction of the plant.

"The customer needed a state-of-the-art solution to meet the steady demand for cement in this developing region. This contract reinforces our position as the leading supplier of the most productive and energy-efficient equipment and technology for customers in the cement industry who focus on productivity, reliability and sustainability," says Jan Kjaersgaard, President, Cement, FLSmidth.

Paraguay: Industria Nacional del Cemento (INC) says that its despatches of cement grew by 2% year-on-year to 12.7 million bags in 2018 from 12.6 million bags in 2017. The company described how it overcame a ‘difficult moment’ in late 2018 by normalising the cement despatch process and supplying overdue orders. Local media reported a shortage of cement and technical issues at INCs Villeta plant in late 2018.

Paraguay: Industria Nacional del Cemento (INC) has launched a new masonry cement product ‘CAB 4.5.’ The new offering is intended for small scale applications. It will be sold in 40kg bags. However, local media has questioned whether the state-owned producer should be launching a new product during a cement shortage.

Paraguay: The Paraguayan Chamber of Construction says that there is a shortage of cement. The builder’s forum has attributed this to a downturn in the economy following the institution of the new government in the summer of 2018, according to the Hoy newspaper.

Paraguay: A fault in a storage silo has spilled around 250t of cement at Industria Nacional del Cemento’s (INC) plant. The silo was reportedly closed for maintenance at the time, according to the ABC – Paraguay newspaper. The material is unrecoverable and its value was around US$0.1m. The mistake follows similar spills at other silos at the state-owned plant. Other maintenance issues have also been reported at the site.

Uruguay: Cement sales rose by 4.6% year-on-year to 0.60Mt in the first nine months of 2018 from 0.57Mt in the same period in 2018. Exports and internal sales both rose by similar ratios to 87,700t and 0.51Mt respectively, according to data from the Chamber of Industries of Uruguay. Despite overall growth, exports in the third quarter of 2018 nearly halved. Most exports were sent to Paraguay, followed by Argentina and Brazil.

Paraguay: Yguazú Cementos has renewed its call for a ban on clinker imports to be lifted. The cement producer made its latest bid to the Luis Alfredo Llamosas, the Vice Minister of Industry, during a visit to its plant, according to La Nacion newspaper. The company produces 0.37Mt/yr of clinker that it uses to make 0.55Mt/yr of cement. However, the plant can grind up 0.75Mt/yr of cement and it wants to import clinker to increase its productivity. Staff at Yguazú Cementos have previously criticised the import ban that allows only Industria Nacional del Cemento (INC) to bring in clinker from abroad.

Argentina: Loma Negra’s net revenue grew by 42.3% year-on-year to US$435m in the first nine months of 2018 from US$305m in the same period in 2017. Its adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 46.5% to US$113m from US$77.3m. Overall, its cement masonry and lime sales volumes remained stable at 5.1Mt but sales in Paraguay fell by 4.2% to 0.42Mt. Sales volumes fell in both Argentina and Paraguay in the third quarter of 2018.

Sergio Faifman, Loma Negra’s chief executive officer (CEO), said, “Our core Argentine Cement business, delivered both revenue growth and adjusted EBITDA margin expansion notwithstanding the challenging macro backdrop in the country in which our volume declined at a mid single-digit pace year-on-year in line with overall industry performance.”

The subsidiary of Brazil’s InterCement said that it is moving ahead with building a new US$350m production line at its L’Amalí plant. The new line will have a clinker production capacity of 5800t/day. The project is being built by China’s Sinoma International Engineering and it is expected to be completed by early 2020. Main equipment is expected to arrive at the site by the end of 2018 and the steel structure is under construction.