Cement News tagged under: Paraguay
Peru cement prices among lowest in Latin America05 January 2021, Published under Cement NewsCapeco, 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 market30 December 2020, Published under Cement NewsThe 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 return25 November 2020, Published under Cement NewsCement 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 rise21 October 2020, Published under Cement NewsA 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 price16 October 2020, Published under Cement NewsParaguayan 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 remains04 September 2020, Published under Cement NewsParaguay-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 Cementos27 August 2020, Published under Cement NewsArgentina-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 issues24 August 2020, Published under Cement NewsParaguay’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 . |
Paraguay's construction sector reports cement shortage21 August 2020, Published under Cement NewsConstruction firms in Paraguay are reportedly seeing cement shortages as they face problems with bringing cement into the country, according to Ultima Hora. The state-run cement producer, INC has stated that the cost of cement remains the same and that it increased production and deliveries in August 2020. However, the company can only meet around 60 per cent of domestic demand. Cement prices have reportedly increased to PYG58,000/bag (US$9.83) per bag. In August 2020, INC delivered 60,0... |
Loma Negra sees 30% decline in revenue for 2Q2012 August 2020, Published under Cement NewsArgentina’s Loma Negra has announced a 30.1 per cent YoY decline in net revenue to ARS7453m (US$104m) in the second quarter of 2020. Consolidated adjusted EBITDA was also down 24.6 per cent to ARS2077m, while the margin climbed from 25.8 to 27.9 per cent. "Cement demand in Argentina in the second quarter contracted around 32 per cent YoY and around four per cent when compared sequentially with the previous quarter. Taking a closer look on the behaviour of our demand, we observed that the in... |