Displaying items by tag: Paraguay

Paraguay: Paraguay’s main cement producer, state-owned Industria Nacional del Cemento (INC), has ‘significantly’ slowed production at its 1.0Mt/yr integrated Puerto Vallemi plant to a rate of 12,000 bags/day, creating a supply gap that imports and Intercement’s 0.4Mt/yr integrated Asunción plant have been unable to fill. Esmerk Latin American News has reported that the shortage has precipitated a 33% price rise in the cost of a bag of cement in the country to US$10.20 from US$7.00 when the shortage began in October 2019.

Paraguay: Industria Nacional del Cemento (INC) has signed an agreement with the Ministerio de Urbanismo, Vivienda y Hábitat (MUVH), the government body responsible for commissioning residential home construction, for preferential cement prices for companies to which the latter awards building contracts. INC president Ernesto Benítez Petters said “Cooperation with the MUVH will strengthen the consumption of cement produced in Paraguay by ensuring it a price and the provision of demand from this type of project.”

Paraguay: Industria Nacional del Cemento (INC) has appointed Ernesto Julián Benítez Petters as president. In his inauguration speech, he expressed his intention to continue the work of his predecessor for the company as a pillar of the Paraguayan economy.

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.

Paraguay: Industria Nacional del Cemento (INC) has launched CPII – C40, a composite cement product. The pozzolanic product is intended for use in structural projects. Its properties include high initial resistance and increased resistance against water. The new product was publicly launched at the EXPO-FAIR Mariano Roque Alonso.

Paraguay: The Italian cement manufacturer Colacem has confirmed that it will start construction of a US$200m integrated 2Mt/yr cement plant in the district of San Alfredo, Concepción, Paraguay in early 2020. Representatives from Colacem, along with the Italian Ambassador to Paraguay and Paraguayan Minister for Industry and Commerce made the announcement at a meeting with Paraguay’s President Mario Abdo Benítez.

Paraguayan Minister for Industry and Commerce Liz Cramer said that the projected investment will benefit the entire northern area of the eastern region in terms of new jobs, incorporation of technology and environmental sustainability.

Construction will take three years and the plant will create 700 jobs during construction. There will be around 500 permanent positions, with a further 2000 indirect new jobs arising from the plant.

Italian ambassador to Paraguay, Gabriel Annis, said, "I thank the Government of Paraguay for its support and I confirm the support of my Government for this investment, which for us is fundamental and strategic.” He added that the investment includes technology transfer, social projects and care of the environment and said that he was confident that they will bring development for a Paraguayan region that needs economic injection.

Paraguay: Italy’s Colacem is planning to build a US$200m cement plant at San Alfredo. It also wants to build a port terminal at the site, according to the ABC Color newspaper. The project is contingent on obtaining environmental permits. Construction work is scheduled to start in 2020 with commissioning in 2022.

Paraguay: Cartes Group has been fined US$79,500 for cutting down trees near San Lazaro, Concepción where it is planning to build a new cement plant. It will also have to pay US$1.8m towards gaining environmental certificates for the project, according to the ABC Color newspaper. Cartes Group purchased Calera Risso, the company planning to build the new unit, in late 2018.

Environmental studies at the site have also noted caves that should be protected including the Risso Cavern, where a fossil of a giant sloth was found in 2012. The Paraguayan Federation of Speleology has asked the the Ministry of Environmetnal and Sustainablity (MADES) to safeguard the site that also holds microfossils dating back 550m years.

The Cementos Concepción plant project was announced in early 2019. It intends to build a 1Mt/yr cement plant by 2021 with an investment of US$180m.

Paraguay: Industria Nacional del Cemento (INC) plans to launch CP 2-C 40, a cement product intended for use in structures such as bridges and roads. The new product is scheduled to be released in June 2019, according to IP Paraguay. Following the launch the cement producer will have four main cement products.

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.