Cement News tagged under: Venezuela

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Venezuela aims to boost cement output

10 June 2013, Published under Cement News

The Venezuelan government announced an investment plan of around US$200m to boost cement production within its borders, Minister of Industries, Ricardo Martinez, reported. During an inspection of Cemento Andino, as part of the "street government" public-management model in the state of Trujillo, Menendez said the objective is to increase production until it reaches 500kg per capita consumption. According to the minister, Venezuela currently produces around 280kg per capita annually, a m...

Venezuela goverment says cement production stable

03 June 2013, Published under Cement News

Cement production in Venezuela reached 2.45Mt in the first four months of 2013 – a sign of the sector’s stability, according to official sources. The Ministry of Industries stated 8.4Mt of cement were produced between April 2012-April 2013 in the country’s 10 cement plants, which have a combined capacity of 8.8Mta. The white cement plant in Lara is currently undergoing major repairs and a change of refractory material.

Venezuela government sees per capita demand reaching the 300kg mark

08 May 2013, Published under Cement News

Venezuela’s cement consumption per capita is forecast at 300kg in 2013, in line with the National Plan, 2013-19, according to Vice President for Economy & Production and Minister for Industries, Ricardo Menendez. "Before the Bolivarian Revolution, per capita consumption was 130kg per person per year, only with the measures in the sector by Commander Chavez it climbed to 280kg" in 2012, he said in one of the plants of the Corporación Socialista de Cemento in Valles del Tuy, Miranda state. ...

Venezuela faces irregular cement supply

30 April 2013, Published under Cement News

While Venezuela’s authorities claim a rise in cement output, supply of the product on the ground continues to struggle, negatively impacting the implementation of projects, particularly in the private sector. Construction industry sources said that Fábrica Nacional de Cemento (FNC) and Cementos de Venezuela both face operational issues and only Industria Venezolana de Cemento is working at full capacity. As a result, supply of cement has been irregular and builders have noted a reduce...

Cemento Andino breaks production records

08 January 2013, Published under Cement News

Venezuela’s Cemento Andino broke major records in production and delivery, according to reports by Cesar Villareal, general manager of the Trujillo group. For the full-year, the company produced 586,000t of cement. The 2012 figure comes after the company broke historical production records in January, November and December, when the monthly output reached 65,756t, 65,521t and 67,000t, respectively – significantly above the previous record of 64,304t noted in August 2011.  "In 2012, prod...

Venezuela produces more than 8Mt of cement

13 November 2012, Published under Cement News

From October 2011 to October this year, Venezuelan cement companies produced 8.295Mt of cement, the highest annualised output in the country’s history, according to Entorno Inteligente. Minister of Industries, Ricardo Menendez said that since 2010, when cement companies were nationalised, until 2012, there has been a steady increase in production figures in the country. In 2010, output reached 7.12Mt while in 2011, this figure increased to 7.7Mta. "This growth is linked to the Great H...

Caribbean Cement looks to Venezuela contract to revive sales

05 October 2012, Published under Cement News

Caribbean Cement Company Ltd (CCCL) is hoping a new supply agreement with Venezuela will revive sales but fears elections will impede the deal, according to reports in the Jamaican Gleaner. The cement supply deal is being negotiated under the crude for commodities component of the PetroCaribe agreement between Jamaica and Venezuela, which allows for part-payment of oil with goods. In June, Caribbean Cement's chairman Brian Young disclosed to shareholders that the Kingston plant hoped to beg...

Venezuela production reaches 8.2Mt in 12 months

21 September 2012, Published under Cement News

For the 12 months between August 2011 and 2012, cement production in Venezuela stood at 8.3Mt, according to the vice president for Productive Economic Area, Ricardo Menendez on Thursday. "The first half was the highest in the history of cement production in the country, and the monthly average has remained above 700,000t during the year," Menendez said in a press conference. The industries minister also noted that this figure is an example of the growth trend experienced in recent yea...

Venezuela: Cerro Azul to come online in September

23 August 2012, Published under Cement News

Venezuelan President Hugo Chávez announced that the new Cerro Azul cement works, located in El Pinto Piar, Monagas state, is scheduled to enter service in September. "Right now we need to get the power line to ensure sufficient supply of energy to start the work and have no more delays. The plant is almost ready. We expect that in September we can start the production of cement," said Chavez. The construction of the plant is being realised with support of Iran and when online, will provid...

Venezuelan builders urge US$60bn for infrastructure

25 April 2012, Published under Cement News

The Venezuelan Construction Chamber said Tuesday the country needs to spend US$60bn on maintaining existing infrastructure and to double investment in new projects. "A country's development cannot be promoted without investment in infrastructure," the group's head, Gilbert Dao, said, noting that Venezuela is currently devoting no more than 3% of GDP to infrastructure. During one of the organisation's seminars, Dao emphasised that other countries in the region such as Chile, Colombia and ...