Cement News tagged under: Paraguay
Paraguay: INC expects to close year with PYG25bn in cash29 September 2017, Published under Cement NewsParaguay’s Industria Nacional del Cemento (INC) expects to close this year with around PYG25bn (US$4.4m) in cash and a positive balance, according to its President, Jorge Méndez. He added that various projects undertaken at the plant – such as conversion from a fuel oil-based to a 100 per cent petcoke firing programme at Vallemí and the planned modern palletiser at Villeta – will enable the cement producer to increase output and decrease production costs. |
August brings 12% sales boost for INC08 September 2017, Published under Cement NewsParaguay’s Industria Nacional del Cemento (INC) saw its sales increase 12 per cent YoY in August as it sold 1,286,339 bags of cement in the country. In August 2016 the cement producer sold 1,148,529 bags. In the year to date, 8,745,627 bags were sold. In 2016 INC sales reached 13,202,803 and the company expects to surpass this figure this year. While INC President, Jorge Méndez, is confident the company will meet such forecasts, he commented that in April and May bad weather affected cem... |
Paraguay: INC reduces cement price as output increases08 August 2017, Published under Cement NewsParaguay-based Industria Nacional del Cemento (INC) has reduced cement prices to PYG36,500/bag from PYG39,800/bag - the third price reduction in the past four years. Production costs at the Vallemi plant are falling. The switch from fuel oil to petcoke has enabled the company to save US$20m. In addition, cement production increased to 180tpd from 80tpd during the same time frame. “From 1 January to Friday, 4 July 2017, 7246,884 bags were dispatched,” according to INC. |
Paraguay: INC to increase distribution points05 June 2017, Published under Cement NewsParaguay’s Industria Nacional del Cemento (INC) expects to increase its number of distributors following the rise in producttion in the second half of this year, according to its Managing Director, Jorge Méndez. Commercial Director, Derlys Ortiz, said the company would add 113 distributors to its current 332. The selection process for the new distributors will start this week and is expected to run until 15 June. The expanded distribution network will allow the company to reach the country... |
Paraguay: INC welcomes Senate move on cement use31 May 2017, Published under Cement NewsThe president of Paraguay’s Industria Nacional de Cemento (INC), Jorge Méndez, has welcomed the approval granted by the country’s Senate of a bill that establishes the use of domestic cement in road construction. Mr Méndez said if the initiative is also passed in the National Congress and accepted by the government, it will contribute to the growth of the country not only in terms of benefits to its citizens, but will contribute to maintaining the country’s currency stock as the cement wi... |
Fancesa: no exports to Paraguay and Argentina24 March 2017, Published under Cement NewsBolivia’s Fancesa no longer views Paraguay and Argentina as viable export markets for its products. While the neighbouring countries would have provided an alternative sales route for Bolivia’s oversupply of cement a few years ago, domestic product of these countries is now cheaper and more readily available, said Eduardo Kunstek of Fancesa. For instance, the recent price decrease in Paraguay sees a 50kg bag of cement sell for PYG39,800 or BOB47 with a further fall to PYG36,000 or BOB46 ... |
Paraguay: INC's Vallemi dryer online in March21 February 2017, Published under Cement NewsParaguay’s Industria Nacional de Cemento (INC) expects to commission the new pozzolana dryer at its Vallemi plant next month. In addition, work on the plant’s fuel conversion is also progressing well, having been completed 80 per cent, according to INC CEO, Jorge Méndez. The investment into the plant will enable it increase production, improve product quality and lower cement prices in Paraguay. |
Paraguay set for increased competition14 September 2016, Published under Cement NewsCompetition in the Paraguayan cement market is expected to intensify following the announcement by Italy’s Colacem that it will invest US$220m in new production facilities in Concepción. Environmental impact studies are expected to start very shortly with construction of the 1.5Mta plant scheduled to begin in 1H17. The new plant will help to drive domestic cement prices down as well as increase supply to sufficient levels to enable cement exports from the Latin American country. |
Paraguay: INC takes delivery of new mill14 September 2016, Published under Cement NewsOn Tuesday Paraguayan cement producer Industria Nacional de Cemento (INC) took delivery of the new mill for its Villeta works. It is expected that the new mill will help the cement producer to double production capacity. Forecasts indicate that the increased supply to the market will result in a fall in cement prices to PYG35,000 in around the first quarter of 2018 although a decrease may start as early as the end of this year. |
Paraguay: new cement mill to provide US$50m sales boost02 August 2016, Published under Cement NewsIndustria 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 coun... |