Bolivian cement demand falls 34% in 4M20
Cement consumption in Bolivia has declined 34.2 per cent YoY in the 4M20 as a result of the quarantine imposed due to the COVID-19 pandemic, according to the Bolivian statistics...
Bolivia
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Work on Potosí to resume
Construction work on the new state-owned Potosí cement works in Bolivia will resume in July, according to House of Representatives member Gonzalo Barrientos. "In July, the works...
Start-up of Fancesa project postponed to 1Q21
The coronavirus pandemic has seen a readjustment of the work schedule of the new plant being built in Sucre, Bolivia, by Fancesa as COVID-19 forced a 70-day quarantine upon the ...
Fancesa shuts down production due to COVID-19
Bolivia-based cement producer Fábrica Nacional de Cemento SA (Fancesa) has halted its cement production due to the presence of the coronavirus in the country. The information wa...
Cementos Molins reports 5% rise in net profit for 2019
Cementos Molins posted a consolidated net profit of EUR90m in 2019, up five per cent YoY. EBITDA increased five per cent YoY to EUR49m. However, the depreciation of the Argentin...
Bolivian cement projects not guaranteed gas supply
The provision of gas for the operation of Fancesa’s new Sucre line and Ecebol’s Potosí facility in Bolivia is not guaranteed. However, the Bolivian government has announced that...
Fancesa to fall short of sales target
Bolivia-based Fábrica Nacional de Cementos SA (Fancesa) will miss its sales and profits targets for the current financial year. The shortfall has been attributed to civic unrest...
The making of Oruro Premium
Empresa Pública Productiva Cementos de Bolivia (ECEBOL) recently brought its 1Mta cement plant in Oruro, Bolivia, online. The project is the first of two greenfield production f...
ECEBOL sells BOB35m since start-up
Bolivia’s new ECEBOL unit has sold BOB35m (US$5m) of cement since its recent start-up. The company produces IP-40 cement and since August has launched the product in Santa Cruz,...
Fancesa's new plant 85% complete
The construction of the new cement plant of Fábrica Nacional de Cemento Sucre SA (Fancesa) in Cal Orck'o, Bolivia, is 85 per cent complete, according to the company’s President,...