Cement News tagged under: Bolivia
Fancesa shuts down production due to COVID-1924 March 2020, Published under Cement NewsBolivia-based cement producer Fábrica Nacional de Cemento SA (Fancesa) has halted its cement production due to the presence of the coronavirus in the country. The information was confirmed by the Head of Communications at Fancesa, Gonzalo Ibáñez, who said that compliance with the national provision for total quarantine also implies the cessation of the marketing units in Sucre and Santa Cruz, despite the fact that in the latter city there is a significant cement inventory. "In order to gu... |
Cementos Molins reports 5% rise in net profit for 201928 February 2020, Published under Cement NewsCementos Molins posted a consolidated net profit of EUR90m in 2019, up five per cent YoY. EBITDA increased five per cent YoY to EUR49m. However, the depreciation of the Argentine peso and the hyperinflation in the Latin American country impacted the results. Excluding this, consolidated net profit growth would have been 16 per cent while EBITDA would have advanced by 13 per cent, said the company in a statement. The company achieved a turnover of EUR797m, reporting a four per cent YoY incr... |
Bolivian cement projects not guaranteed gas supply12 February 2020, Published under Cement NewsThe provision of gas for the operation of Fancesa’s new Sucre line and Ecebol’s Potosí facility in Bolivia is not guaranteed. However, the Bolivian government has announced that mechanisms will be sought to implement a pipeline and pumping plant that allows the new line in Sucre as well as ECEBOL’s new Potosí works to operate successfully. “Unfortunately, Fancesa knew the limitations before investing. The capacity of the pipeline was known and it was known that it was saturated. But now w... |
Fancesa to fall short of sales target20 January 2020, Published under Cement NewsBolivia-based Fábrica Nacional de Cementos SA (Fancesa) will miss its sales and profits targets for the current financial year. The shortfall has been attributed to civic unrest and blockades following the elections that were cancelled due to fraud. “During the 2019 financial year, which closes on 31 March 2020, production was projected at 1,030,000t and the stop will obviously affect production volumes; it will be a success if we produced 900,000t,” said the Government Director of Fance... |
The making of Oruro13 January 2020, Published under Cement NewsEmpresa Pública Productiva Cementos de Bolivia (ECEBOL) recently brought its 1Mta cement plant in Oruro, Bolivia, online. The project is the first of two greenfield production facilities supported by the government to use the area’s natural resources and provide high-quality and competitively-priced cement to the domestic market. By Miguel Vilaseca, Empresa Pública Productiva Cementos de Bolivia, Bolivia, and PEC Consulting Group LLC, USA. Located near the town of Jeruyo in the Bolivi... |
ECEBOL sells BOB35m since start-up04 October 2019, Published under Cement NewsBolivia’s new ECEBOL unit has sold BOB35m (US$5m) of cement since its recent start-up. The company produces IP-40 cement and since August has launched the product in Santa Cruz, Cochabamba, La Paz and Oruro. The plant currently operates at 60 per cent of its cement capacity, which is expected to be ramped up to 100 per cent next year. “At the moment we have sold cement to a value to BOB35m, and we run at a capacity of 50-60 per cent,” according to Patricia Ballivián, general manager of ... |
Fancesa's new plant 85% complete17 September 2019, Published under Cement NewsThe construction of the new cement plant of Fábrica Nacional de Cemento Sucre SA (Fancesa) in Cal Orck'o, Bolivia, is 85 per cent complete, according to the company’s President, Armin Cortez. "The new production line of the Fábrica Nacional de Cemento Sucre SA, to date is at 85 per cent of physical execution and 81 per cent of financial execution, and it was possible to meet the goals planned within the contract, there are problems in some areas, but they will not affect the normal fulfilme... |
A new line for FANCESA21 August 2019, Published under Cement NewsBolivian cement producer FANCESA is expanding its cement capacity with a new line at its Cal Orck’o site. With the new project, the company plans to consolidate its domestic leadership position as well as improve operational efficiency of the plant near Sucre. Fancesa is currently expanding its cement plant at Cal Orck’o, Sucre, Bolivia Bolivian cement producer FANCESA operates a cement plant with a clinker capacity of 2800tpd at Cal Orck’o, near Sucre. The company is currently ... |
Bolivia's drive to reduce imports09 August 2019, Published under Cement NewsThis week saw the inauguration of the new plant of Empresa Pública Productiva de Cementos de Bolivia (ECEBOL), located in Jeruyo, Caracollo, in the country’s Oruro province. The 1.3Mta plant represents an investment of US$306m by the country’s government, according to Bolivia’s President, Evo Morales. ECEBOL is also planning a further cement plant in Chiutara, Potosí. The company was granted a 39.8ha plot of state-owned land by the Lower House of the Bolivian Parliament in February.... |
ECEBOL’s Oruro plant inaugurated05 August 2019, Published under Cement NewsOn Saturday, 3 August, Empresa Pública Productiva de Cementos de Bolivia (ECEBOL) inaugurated its new Oruro plant in presence of Evo Morales, Bolivia’s president. “The cement factory we have, is the most modern in South America, is in Caracollo; a huge satisfaction" and "our cement factory is inaugurated, an expected dream maybe 50 or 60 years in the department of Oruro," said the President Evo Morales in a rally that accompanied the delivery of the plant of ECEBOL. The 1.3Mta cement pro... |