Cement News tagged under: Grupo Jiménez Gaona

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Consortium to invest US$180m in Paraguayan cement industry

12 March 2019, Published under Cement News

Plans are underway to create a new cement company in Paraguay, Cementos Concepción (Cecom). Paraguay’s President Mario Abdo Benítez and members of his cabinet met with José Ortiz, CEO of tobacco company, Tabacalera del Este (Tabesa) to discuss the investment in the country’s cement industry. Cecom is a venture by Grupo Cartes, Grupo Jiménez Gaona and José Ortiz to build a 1Mta cement plant, a project representing an investment of US$180m. The new production facility will be located south o...