Cement News tagged under: Soboce
SOBOCE invests in the future24 May 2022, Published under Cement NewsAs Bolivia’s economy slowly recovers from the impacts of the COVID-19 pandemic, domestic cement producer Sociedad Boliviana de Cemento (SOBOCE) accelerates its digital transformation process to meet market demand more effectively. By Sociedad Boliviana de Cemento SA, Bolivia. Sunnier times for the Bolivian cement industry? (Pictured: SOBOCE’s El Puente plant) Bolivia’s economic recovery and particularly the construction sector’s revival is not yet at full speed with the restart ... |
SOBOCE commissions modernised Warnes plant16 June 2021, Published under Cement NewsSOBOCE recommenced operations at its Warnes cement plant in Bolivia on 14 June after a BOB222m (US$32.1m) investment in new equipment. The project included a new VRM-based grinding system supplied by Gebr Pfeiffer, and an automatic bagging and palletiser by Claudius Peters. New systems for feeding, transport and storage of raw materials as well as a new electrical substation were also included in the project. “Investment is our answer to the crisis. The modernisation of the Warnes Plant i... |
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... |
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... |
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... |
Bolivia: Soboce receives new kiln25 August 2016, Published under Cement NewsBolivian cement company Sociedad Boliviana de Cemento (Soboce) has received a vertical kiln, the first to will installed in Bolivia, as part of Illimani LP12 project. An FLSmidth OK 36-4 mill will also be fitted into the firm's Viacha factory. The plant currently produces over 0.9Mta of cement but will see a capacity raise by 136 per cent to 2Mta. The project is 45 per cent complete and represents a total investment of over BOB550m (US$80.17m). The new equipment will be in use by the 2H... |
FLSmidth announces new orders in the Americas11 January 2016, Published under Cement NewsFLSmidth has announced three new orders at cement plants in Canada, Colombia and Bolivia. Lehigh Hanson Materials Ltd Lehigh Hanson Materials Ltd, owned by HeidelbergCement, has awarded a contract to FLSmidth for an OK™ 30-4 cement vertical mill to meet the increasing demand for cement in Canada. The mill will be installed at Lehigh Hanson's existing Edmonton cement plant located 13km from downtown Edmonton, Alberta. Additional scope of supply includes a cement powder cooler, related... |
Peru: Soboce approves BOB487.2m to continue growth23 November 2015, Published under Cement NewsAn extraordinary shareholders meeting of Sociedad Boliviana de Cemento (Soboce) has approved to reinvest BOB487.2m (US$790.9m) and raise its paid-up capital to continue its investment plans and growth in the domestic market. As a result, Soboce’s paid-up capital will more than triple from BOB196.6m to BOB683.8m. The company’s net profit in the year ended June 2015 reached BOB141.4m, representing a 13.5 per cent fall YoY. |
Bolivia: Soboce income falls 49% in FY14-1522 July 2015, Published under Cement NewsSoboce profits fell 48.8 per cent YoY from US$31.46m to USS16.12m in the period April 2014-March 2015. The result due to a rise in costs, heavy rains and the payment of a US$7.41m fine for alleged anti-competitive practices. Sales volumes and prices have remained stable, according to the company. "The projection of revenues for the current administration depends on the growth in domestic demand for cement. We expect that economic indicators have performed well accompanied with a good clima... |
Bolivia: Soboce raises bagged cement price08 May 2015, Published under Cement NewsThe price of a bag of cement produced by Bolivia’s Soboce increased 4.5 per cent or BOB2.50 to BOB58.50 in La Paz and by BOB3 to BOB58 in Oruro. Soboce has said the rise would bring the price in line with other parts of Bolivia. However, building companies attribute the advance to an increase in salaries at the cement producer this year. |