Cement News tagged under: Fancesa
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... |
Fancesa increases clinker sales to Chile20 September 2021, Published under Cement NewsBolivia-based Fancesa will be delivering an 8000t clinker shipment to Chile, following the 1000t cargo to CBB in the neighbouring state last month, according to Correo del Sur. The company is currently carrying out a study into the sale of clinker and has requested collaboration from the local transport sector, according to Amael España, the company’s legal receiver. “I'm sure the carriers will help us. We have to be competitive by lowering prices and keeping up with international competit... |
Fancesa changes sales policy30 June 2021, Published under Cement NewsBolivian cement producer Fancesa is changing its sales policy. The company will no longer sell exclusively through its authorised agencies, according to Correo del Sur. At present, almost all of the company’s sales in Sucre, Potosí and Tarija are made through authorised agencies. In Santa Cruz, Fancesa cement is sold through the company, agencies and hardware stores while in La Paz, El Alto and Oruro sales are made directly by the cement company. In the so-called “free sale of ceme... |
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... |
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.”... |
Fancesa secures US$72m contract22 February 2021, Published under Cement NewsBolivia-based cement company Fabrica Nacional de Cemento (Fancesa) has been awarded the US$72m contract to supply over 582,000t of cement needed to build Nueva Santa Cruz Ciudad Inteligente project in Santa Cruz, Bolivia. The smart city project belongs to the Lafuente group. The contract follows a year-long negotiation process and was announced by Fancesa and Lafuente in the cement producer’s Sucre facilities. Fancesa will provide mainly IP-30 Lider cement and some IP-40 Superior cement ove... |
Start-up of Fancesa project postponed to 1Q2110 June 2020, Published under Cement NewsThe coronavirus pandemic has seen a readjustment of the work schedule of the new plant being built in Sucre, Bolivia, by Fancesa as COVID-19 forced a 70-day quarantine upon the project. Start-up of the cement plant is now expected in the first quarter of 2021. While the project currently stands at 91 per cent completion, the remaining share of the work is the “most complicated”, according to Armin Cortez, chairman of the Board. "It should be remembered that we have had setbacks not only d... |
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... |
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... |