Cement News tagged under: Venezuela
Venezuela plans to reduce imports of Peruvian and Brazilian cement24 February 2014, Published under Cement NewsVenezuela’s President Evo Morales announced the intention to reduce the import of cement from Peru and Brazil by installing new plants and increasing domestic output. “I want us to expand the industry and reduce imports, but sometimes emergencies have necessitated imports. These need to be curtailed and I hope to achieve this,” he said during a visit to Cooperativa Boliviana de Cemento (Coboce). The president said to achieve this objective it did not matter whether cement plants were ... |
Venezuela: supply issues raise cement prices 50%05 February 2014, Published under Cement NewsVenezuela’s cement companies started the year with operational issues, which have resulted in an irregular supply to customers and a poor performance of the construction industry. This has impacted on prices, which have seen an upward trend for some cement types. In 2013, cement output fell and in the third quarter, production fell 10.5 per cent. Construction sector sources said that Industria Venezolana de Cementos (Invecem), Fábrica Nacional de Cementos (FNC) and Cementos Venezuela are ... |
Carib Cement receives cheque from government for Venezuela exports23 January 2014, Published under Cement NewsThe government of Jamaica has given Carib Cement Co a cheque worth US$1.69m as part payment for the provision of clinker to Venezuela under the Trade Compensation Mechanism of the PetroCaribe Agreement. The initiative will see Jamaica supply Venezuela with some 100,000t of clinker valued at approximately US$8.5m. The clinker shipments began in December 2013 and are expected to continue until May 2014. Jamaica’s Minister of Finance and Public Service, the Hon. Dr Peter Phillips, gave a c... |
Caribbean Cement Co dispatches clinker to Venezuela20 December 2013, Published under Cement NewsCaribbean Cement Company sent its first clinker consignment to Corporación Socialista del Cemento in Venezuela yesterday. The Government had signed off on the clinker deal back in September, but export was delayed as Venezuela had not yet signed all the necessary approvals. The shipment followed months of negotiations with Venezuela, the Ministry of Science, Technology, Energy and Mining said. However, the Caribbean Cement Company said that "this development has tremendous implications ... |
Jamaica close to concluding PetroCaribe supply deal17 December 2013, Published under Cement NewsThe government of Jamaica is close to concluding a supply contract with Venezuela to use cement exports to meet some debt repayment obligations under the PetroCaribe agreement. Under the Trade Compensation Mechanism of the PetroCaribe energy cooperation agreement, Jamaica is allowed to settle a portion of its oil debt to Venezuela through the export of goods and/or services. According to a report by the Economic Intelligence Unit (EIU), the cement agreement would entail initial sales of 1... |
Cementos Venezuela’s Pertigalete works out of action11 November 2013, Published under Cement NewsStaff at Pertigalete, Cementos Venezuela’s largest plant, have declared an “operational emergency” as the seven kilns have stopped producing clinker. Union leaders have said there are no trucks to transport to limestone from the quarries to the plant and only four out of 13 mills work (two to grind raw meal and two to grind cement). Louis Chapparo, general secretary of the workers’ union, said that the employees will meet on 14 November in Caracas to formalise the announcement of the sec... |
Jamaica signs CCCL export agreement to Venezuela04 November 2013, Published under Cement NewsThe government of Jamaica has signed an agreement for Caribbean Cement Co Ltd (CCCL) to supply cement to Corporación Socialista del Cemento under the PetroCaribe agreement, local media have reported. However, the arrangement is yet to be approve from authorities in Venezuela. Under the Trade Compensation Mechanism of the PetroCaribe energy cooperation agreement, Jamaica is allowed to settle a portion of its oil debt to Venezuela through the export of goods and/or services. While the propo... |
Cemento Andino expand production capacity to 2Mta17 October 2013, Published under Cement NewsVenezuela’s Minister of Industry, Ricardo Menéndez, announced that Cemento Andino will increase capacity at its Las Llanadas plant in Trujillo from 0.7Mt to 2Mt. The expansion will see the construction of a second, 1.2Mta production line. The project will be carried out by an undisclosed Chinese equipment supplier. |
Fabrica Nacional de Cemento experiences bagging shortage19 September 2013, Published under Cement NewsVenezuela’s Fabrica Nacional de Cemento has halted bagging cement at its key Pertigalete plant, the country’s largest cement plant. During normal operation the works bags around 105,000 bags per day. The stoppage has been attributed to a lack of available bags and will be affecting national cement distribution, according to Luis Chaparro, secretary general of the Pertigalete union. He added that the resultant scarcity would fuel further speculation in Venezuela’s cement market. |
Venezuela imports 24,000t of cement20 June 2013, Published under Cement NewsAlthough government spokesmen assure Venezuela’s cement production is sufficient to meet local market demand, the country has imported 23,991t of cement from Cuba. The port of Puerto Cabello saw the arrival of 12,991t of Portland cement Type I on 22 May, five days after 10,999t of Portland cement Type III was received by the same port. Both vessels left the Cuban town of Cienfuegos. In addition, Venezuela is also increasingly importing white cement. The imported volumes are destined f... |