Paraguay: new cement mill to provide US$50m sales boost

Paraguay: new cement mill to provide US$50m sales boost
02 August 2016


Industria Nacional de Cemento (INC) expects a US$50m boost to its sales following the commissioning of its new mill at its Villeta plant, according to Jorge Méndez, president of the Paraguayan cement producer.

"The operation of the new mill is one of several goals that we have and that we will realise," he said. “Civil works are carried out by local firm Engineering, while parts of the mill were manufactured by China’s Sinoma and shipped in early July and is expected to arrive in the country in mid-August. The total investment for the purchase of the mill is US$11m.”

The new mill will have a 80tph capacity, bringing total grinding capacity at the works at 180tph.

As a result the company expects to increase its domestic market share from 50 to 75 per cent, producing 70,000 bags per day towards supplying the current market requirement of 120,000 bags per day.

Published under Cement News