Cement News tagged under: Bolivia
Itacamba appoints new general manager17 January 2023, Published under Cement NewsVotorantim Cimentos -owned Itacamba Cemento SA has appointed Marcelo Morales as its new general manager with effect from 1 January 2023. Mr Morales previously served for seven years as administration and finance manager at Itacamba. A Brazilian national with a Master’s of Business Administration degree, he has worked for more than 15 years in the cement industry. |
Bolivian cement market expands 6% in 10M2216 January 2023, Published under Cement NewsBolivia’s cement sales increased by 5.6 per cent YoY to 3.1Mt in the January-October 2022 period, according to the country’s National Institute of Statistics (INE). In the 10M21 demand reached 2.9Mt. “Speaking of annual values, in 2019 it [sales] closed with 3,956,990t. In 2020 with just 3,031,190t,” said Marcelo Alfaro, general manager of the Bolivian Institute of Cement and Concrete (IBCH). In terms of cement sales, 2019 was a record year. “In 2021 with 3,613,144t and it is estimated th... |
Fancesa suspends deliveries to Santa Cruz09 January 2023, Published under Cement NewsBolivian cement producer Fábrica Nacional de Cemento SA (Fancesa) has suspended deliveries to Santa Cruz due to blockades and mobilisations following the arrest of Governor Luis Fernando Camacho, according to Correo del Sur. The conflict, which has seen clashes with police and blockages, has severely challenged the company’s ability to supply cement to the local market. "Given the permanent blockades and mobilisations that prevent the normal transit of motorised vehicles, bound for Santa... |
SOBOCE invests in the future24 May 2022, Published under Cement NewsAs Bolivia’s economy slowly recovers from the impacts of the COVID-19 pandemic, domestic cement producer Sociedad Boliviana de Cemento (SOBOCE) accelerates its digital transformation process to meet market demand more effectively. By Sociedad Boliviana de Cemento SA, Bolivia. Sunnier times for the Bolivian cement industry? (Pictured: SOBOCE’s El Puente plant) Bolivia’s economic recovery and particularly the construction sector’s revival is not yet at full speed with the restart ... |
Votorantim Cimentos' regional results in 2021 reach almost record levels04 April 2022, Published under Cement NewsVotorantim Cimentos reported close to record growth in all regions for its performance in 2021 with total cement sales of 37.2Mt across all regions. “Our business strategy and recent acquisitions, combined with our resilience and operational excellence led us to achieve sales growth in all regions and to close the year with record results,” said Marcelo Castelli, global CEO of Votorantim Cimentos. In Brazil Votorantim Cimentos had net revenue of BRL10.3bn (US$2.1bn) in 2021, a ... |
Votorantim Cimentos reports net profits of BRL1.6bn in 202101 April 2022, Published under Cement NewsVotorantim Cimentos ended 2021 with net profit of BRL1.6bn (US$337m), an increase of 244 per cent compared to 2020, primarily due to better operating results with growth in sales in all regions where the company operates and gains related to the consolidation of acquisitions made in North America and Spain. Global net revenue was BRL22.3bn, an increase of 33 per cent compared to 2020, as a result of the combination of favourable pricing dynamics, especially in Brazil and North America, ... |
Bolivian demand down 14% in October, up 8% in November09 February 2022, Published under Cement NewsBolivia’s cement market contracted by 13.8 per cent YoY to 329,982t in October 2021 but when compared with October 2019, the decline in demand was 13.1 per cent, according to the country’s statistics agency, INE. However, domestic cement sales were up 7.7 per cent to 369,238t in November 2021 when compared with the previous year and by 30.3 per cent when compared with November 2019. In terms of production, domestic producers reduced output by 7.5 per cent YoY in October 2021 to 361,070t an... |
Yacuses steps up01 February 2022, Published under Cement NewsSince the commissioning of its integrated Yacuses cement plant in Bolivia, Itacamba Cemento has put several measures in place to improve the quality of its cement while reducing the impact of the plant on the environment. By Itacamba Cemento SA, Bolivia. Since launching in 2017, Itacamba Cemento’s Yacuses plant has made significant operational improvements, resulting in a more efficient plant with reduced environmental impact Founded in 1997, Itacamba Cemento SA is located in... |
Bolivian cement market surges in August but slips in September01 December 2021, Published under Cement NewsBolivia’s cement consumption advanced by 36.6 per cent to 339,838t in August 2021 but edged down 2.1 per cent the following month to 329,982t when compared with the equivalent months of 2020, according to the country’s statistics agency, INE. Output from domestic cement plants increased by 27.3 per cent in August 2021 to 317,594t. However, production declined by 4.4 per cent YoY to 342,663t in September. January-September 2021 In the first nine months of 2021 total cement demand in Bol... |
Fancesa signs agreement to export to Paraguay19 November 2021, Published under Cement NewsBolivia-based Fábrica Nacional de Cemento SA (Fancesa) and a Paraguayan construction company reached an agreement to export cement to the South American country. The cement producer will initially ship 20,000 bags per month but as demand in Paraguay advances, will increase its export volumes. All shipments are subject to the requirements of the Paraguayan Institute in terms of resistance, stability and quality management of the product. "We are returning to Bolivia with this signed agree... |