Paraguay: INC takes delivery of new mill

On 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.