Ecebol to cover 22% Bolivian cement demand

Ecebol to cover 22% Bolivian cement demand
19 September 2013

Ecebol, the state-owned cement project, is expected to cover 22 per cent of Bolivia’s cement demand when it is completed in 2018, announced the Bolivian president Evo Morales.

The new plant will cost US$306m and have a cement production capacity of 1.13Mta.

As reported earlier, the government authorised the release of US$244m for the implementation, operation and commissioning of the works.

Meanwhile, the executive director of Insumo Bolivia, Óscar Sandy, said that there is no shortage of cement in the country, contrary to reports by some builders.

"What we have to do is to watch the market and there is no shortage, we have imported what the market needs, but there is no shortage. Builders can say whatever, but we have to devote ourselves to what we see in the market, there is no shortage," he said.

Published under Cement News