Cement News tagged under: Paraguay

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Cecon plant to enter service in August 2022

04 June 2021, Published under Cement News

Cementos Concepción (Cecon) in Paraguay has completed around 70 per cent of the civil engineering works at its , according to Esmerk Latin American News. The 1.03Mta plant is located in Concepción, San Lázaro, south of Vallemí. The US$200m project is expected to start production in August 2022.

Paraguay’s INC sets 70,000bags/day output target

23 March 2021, Published under Cement News

Paraguay-based Industria Nacional de Cemento (INC) reported that the production of cement at its Vallemí plant is normalising at nearly 50,000 bags/day. The state-owned cement producer currently has a production target of 70,000 bags/day. INC President, Ernesto Benítez, said that once imported stock is sold, the INC product will be able to reach the market via the usual channels. “There is still a significant amount of this imported cement in the warehouses and this delays the departure of...

Peru cement prices among lowest in Latin America

05 January 2021, Published under Cement News

Capeco, the Peruvian construction chamber, reported that the average retail price for grey cement in Peru is around US$6.22 per 42.5kg bag – one of the lowest in Latin America. The highest price is paid in Argentina, where a bag of cement costs on average US$12.34, followed by Nicaragua, Uruguay, Guatemala and Paraguay, where a bag of cement costs around US$10. In Brazil, prices are the lowest at US$5.03/bag, according Capeco. In Chile a bag of cement retails at US$7.65 while in Colombia a...

New 1Mta cement plant to enter Paraguay's market

30 December 2020, Published under Cement News

The cement plant Cementos Concepcion (Cecon) is currently under construction in Paraguay and is designed to produce over 1Mta from June 2022, when it is due to begin operations. Cecon recently launched an investment vehicle of over US$200m (EUR163.18m) to finance the project. Cecon already has two concrete factories in Limpio. The new cement unit is set to eliminate the country's cement deficit.

Clinker dispatches via Paraguay River return

25 November 2020, Published under Cement News

Cement production is expected to recover from this week as clinker supply via the Paraguay River is returning to normal this week, reports Hoy. This will enable Industria Nacional del Cemento to increase cement production to more than 30,000 bags/day as the company’s clinker supply is more efficient. "Clinker production moves through the river and the land efficiency is not the same," said Ernesto Benítez, INC president, mentioning that production is more significant using river transport.

Cement price in Paraguay continues to rise

21 October 2020, Published under Cement News

A cement shortage in Paraguay has resulted in another price rise. Bulk CCPII F40 cement, sold by Yguazu Cementos, used in the production of industrial concrete, has seen a 10.7 per cent increase in price since the start of the year and now costs PYG974,000/t (US$138.88), according to ABC Color. In the last few days, INC also announced a price rise to PYG39,800/bag. It cited higher transport costs as primary driver for the price increased. High water levels in the Paraguay river have led to...

INC raises cement price

16 October 2020, Published under Cement News

Paraguayan cement producer INC has increased the price of a bag of cement by PYG2500 (US$0.42). The company is now selling cement for PYG39,800/bag. The company has attributed the need to increase cement prices due to higher transport costs. The low water level in the Paraguay river has led to the need to use trucks to move raw materials and has also resulted in cement shortages in the country. INC is aiming to maintain supply at 35,000-40,000 bags/day.

Yguazú Cementos recommences output but shortage remains

04 September 2020, Published under Cement News

Paraguay-based Yguazú Cementos SA has restarted production and while operating at full capacity, the cement shortage in the Latin American country currently persists. The company does not expect a change in the market situation as it is faced with cost overruns and Portland cement imports. Yguazú Cementos SA reported that it completed the repair of a broken-down transformer, which had caused the plant to halt production. “Our plant is already operating at full capacity. We once again exten...

Loma Negra sells majority stake in Yguazú Cementos

27 August 2020, Published under Cement News

Argentina-based Loma Negra (Intercement) has sold its 51 per cent majority stake in Paraguay’s Yguazú Cementos. The value of the deal was not announced, but the company had been valued at US$80m. The buyer was a local shareholder company ConcretMix (owned by Grupo Bogarín), according to a note sent to Argentina’s National Securities Commission. Loma Negra is expected to use the funds from the transaction to pay its debt with local banks. In 2000 Intercement founded Yguazú Cementos in partn...

Yguazu stops production due to transformer issues

24 August 2020, Published under Cement News

Paraguay’s Yguazu Cement stated on social media that it stopped production on 12 August 2020 due to an issue with a transformer. The producer continued dispatching cement until 14 August 2020, when its supplies ran out. While it has not yet been able to find a similar transformer locally, it may either rent generators or even import cement, according to reports. The news follows the country’s construction sector recently reporting a cement shortage .