Cement News tagged under: Bolivia
Bolivian economic downturn leads to pricing war19 September 2018, Published under Cement NewsThe economic slowdown in Bolivia is driving cement companies into a pricing war, according to Esmerk Latin American News. The cost of a 50kg bag of cement has fallen to BOB46 (US$6.66) from BOB75 over the past five years as cement producers vie for market share. Currently, in Santa Cruz, Itacamba sells its cement at BOB44-45/bag while Fancesa’s product is priced at BOB45-46/bag. Itacamba has multiplied its supply by five after opening a new factory in Yacuses in 2017. Fancesa’s second p... |
Cement prices fall in Bolivia11 September 2018, Published under Cement NewsCement prices have started to decline in Santa Cruz, Bolivia, as competition intensifies on the back of a slowdown in the local construction sector. Prices have fallen to BOB44-48/50kg bag (US$6.37-6.95) from BOB52-56 per bag in March 2017. The number of construction works in the area is below levels recorded in 2015-16, with large projects delayed, according to Esmerk Latin American News. Cement that cannot be sold domestically is exported to Paraguay. Last year exports to the country re... |
SOBOCE to invest further in El Puente04 September 2018, Published under Cement NewsBolivia’s Sociedad Boliviana de Cemento SA (SOBOCE) is expanding the production capacity at its El Puente cement plant to meet the current and future cement demand in Tarija. The modernisation of the works represents an investment of BOB49m (US$7.1m) to date and started with the installation of a new crusher, pre homogenisation, raw material storage and transport as well as a new 10MW electrical substation. The cement producer will invest a further BOB25m in new bagging and dispatch s... |
Emisa to stop cement production04 September 2018, Published under Cement NewsEmisa will cease to produce cement at its Oruro works, Bolivia. The company’s mills date from 1946 and are no longer able to compete effectively with newer plants. The company will focus on cement distribution in Oruro instead. Local workers were offered jobs in other plants, accept voluntary retirement or a redundancy package. |
Ecebol expected to meet 25-30% of Bolivian demand22 August 2018, Published under Cement NewsEmpresa Pública Productiva Cementos de Bolivia (Ecebol) is expected to meet 25-30 per cent of the country's cement demand from production at its Oruro and Potosi facilities once operational. The producer has been forecasted to sell 3m bags of cement during the 1H19 period, according to Esmerk. Ecebol is expected to launch on the market once the Oruro plant begins operations, with tests at the facility due to start at the end of this month. In 2019 production at the facility is likely to re... |
Soboce well prepared for upturn Bolivian market23 July 2018, Published under Cement NewsThe Bolivian cement market remains dynamic and will receive a boost from the announcement that GDP will rise by 4.7 per cent, said Juan Mario Ríos, general manager, and Claudio Rodríguez, chairman of the board of Soboce. However, the company notes that while the competition in the market has intensified, it considers to be in a good position due to the US$85m investment made in new grinding systems and an expansion that lifts capacity from 1.6Mta to 2.9Mta. Since 2015 Grupo Gloria has... |
Fancesa gears up for exports to Paraguay, Argentina and Chile06 June 2018, Published under Cement NewsBolivian cement producer Fancesa will carry out market research in Paraguay, Argentina and Chile this year with a view to entering these markets as soon as the company’s new line is up and running in 2019. While the decision to export was taken in January last year, it was not until last February that the company’s President, Eduardo Rivero, confirmed that the negotiations with Paraguay were moving in the final lap. However, it was expected that exports would start this year. Four mon... |
FANCESA considering new mill near Paraguay border22 February 2018, Published under Cement NewsBolivia’s FANCESA is planning a new mill and bagging facility near the border with Paraguay, and is in discussions with an undisclosed Paraguayan company. “From that meeting we will be able to establish a cement grinding and distribution facility 500km from Santa Cruz and 300km from Paraguay,” Eduardo Rivero, FANCESA’s president. The new facility is expected to represent an investment of US$16m, shared between the two companies in the partnership. The other firm will manage the marke... |
Itacamba expects to export 119,000t to Paraguay and Argentina06 February 2018, Published under Cement NewsBolivian cement producer Cemento Itacamba projects cement exports of 119,000t to Paraguay and Argentina this year. The company expects to deliver over 60,000t to Argentina as well as starting exports to Paraguay as part of its strategy to penetrate neighbouring markets. In addiiton, it will continue clinker exports to Paraguay, which has already confirmed the sale of 60,000t. The commissioning of the Yacuses plant enables the country to start exporting cement as it now has a produ... |
Ecebol Oruro plant ready for trial in September26 January 2018, Published under Cement NewsEmpresa Pública Cementos de Bolivia (Ecebol)’s plant in Caracollo, Oruro, is expected to be ready for its trial run in September, according to the country’s Minister of Productive Development and Plural Economy, Eugenio Rojas. "The cement plant of Oruro de Caracollo we will do the test in September, at the end of the year we would be starting to operate or in the last case in 2019,” he said. |