Cement News tagged under: Bolivia
ECEBOL officially restarts operations16 June 2021, Published under Cement NewsState-run Empresa Pública Productiva Cementos de Bolivia (ECEBOL) has officially restarted its operations in Caracollo, Oruro, with an investment of BOB58m (US$8.39m). "This restart of operations of our plant not only ratifies our desire for the reactivation of the Oruro economy, but also of the national economy, because the quality of the cement that we are going to produce here and that we were producing in ECEBOL is of the highest quality," said the country’s president, Luis Arce. T... |
Fancesa considers lowering prices09 June 2021, Published under Cement NewsBolivia-based Fancesa is looking to lower prices to improve its sales and is changing its selling practices. "Our cement is the most expensive in the entire national territory," said the Governor Damián Condori after the extraordinary shareholders' meeting that was held yesterday at the company's offices. This does not allow Fancesa to be more competitive, particularly not during the COVID-19 pandemic, he added. “In our city just, El Puente, cement is at BOB41 [US$5.95]. Our cement is at B... |
Bolivian cement market expands 51% in March03 June 2021, Published under Cement NewsCement consumption in Bolivia reached 290,525t in March 2021, up 50.8 per cent when compared with 192,670t in March 2020, according the country’s national statistics office, INE. Output from Bolivia’s cement plants increased 38.1 per cent from 215,629t in March 2020 to 297,744t in March 2021. January-March 2021 In the first three months of 2021 cement demand slipped 1.4 per cent to 748,860t from 759,184t in the year-ago period. Production reached 760,679t in the 1Q21, down 11.4 per c... |
Bolivian cement market contracts 13% in February11 May 2021, Published under Cement NewsBolivia’s cement consumption slipped 13.3 per cent from 262,895t in February 2020 to 228,018t in February 2021, according to the country’s statistics office, INE. Output from domestic cement plants dropped 11 per cent to 223,272t in February 2021 from 250,821t in the equivalent period of the previous year. January-February 2021 Demand for cement reached 458,335t in the first two months of 2021, down 19.1 per cent from 566,514t in the January-February 2020 period. Production by Bolivia... |
Ecebol plant to produce 0.573Mt of cement in 202128 April 2021, Published under Cement NewsState-run Ecebol expects its plant in Oruro, Bolivia, to produce 0.573Mt of cement in 2021, according to Jose Luis Jimenez, the company’s manager. It is forecast to achieve sales of over BOB463m (US$67.2m). The plant was inaugurated in August 2019. Its output is IP-40 and IP-30 cement. |
Fancesa inaugurates new Cal Orcko line27 April 2021, Published under Cement NewsBolivia’s Fábrica Nacional de Cemento SA (Fancesa) inaugurated its new production line at Cal Orcko, near Sucre. The US$215.45m investment will bring plant capacity to 2100tpd. Chairman of Fancesa’s Board of Directors, Edwin Hurtado, highlighted the important role that bondholders and national banks have played in financing part of the economic resources for the execution of the new line. “Without his participation, this long-awaited project would not have materialised.” The project has g... |
Shareholders approved Fancesa restructuring19 April 2021, Published under Cement NewsBolivia-based Fancesa’s shareholders have unanimously approved the restructuring proposed by the company’s Board of Directors, said Armin Cortez, chairman of the Board of Shareholders. Mr Cortez explained that the project includes a restructuring in the administration and “in the management of human resources”, in addition to other elements such as the internal business relationship between the companies “that are managed separately but that correspond to the same owner, which is Fancesa.”... |
ECEBOL signs contract for natural gas supply08 April 2021, Published under Cement NewsECEBOL's new plant in Potosí, Bolivia, is expected to be supplied with natural gas by Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) through an 8km pipeline that will connect YPFB’s Transporte system with the cement factory. ECEBOL and YPFB signed a contract guaranteeing the supply of 11.9MMcf of natural gas per day, which will be used to produce cement and clinker that will supply national and international demand. "We have been making progress with the connections to the differen... |
Bolivian market contracts 24% in January07 April 2021, Published under Cement NewsCement consumption in Bolivia saw a 24.1 per cent drop to 230,317t in January 2021 from 303,619t in January 2020, according to Bolivia’s national statistics institute, INE. A MoM fall of 29.8 per cent was noted when compared with a demand of 328,064t in December 2020. Bolivian cement production declined 38.9 per cent from 392,217 in January 2020 to 239,663t in January 2021. When compared with December 2020, a 25.8 per cent drop from 322,876t was reported. |
Bolivia’s cement market contracts 4% in December10 March 2021, Published under Cement NewsBolivian cement demand saw a four per cent YoY and a 4.3 per cent MoM drop to 328,064t in December 2020. In December 2019 consumption reached 341,861t while in November 2020 it reached 342,743t, according to Bolivia’s national statistics institute, INE. Domestic cement production declined to 322,876t in December 2020 from 372,217t in December 2019 and from 361,363t in November 2020. |