Paraguay: demand up 8%, prices to fall 15%
In 2015 Paraguayan cement producer Industria Nacional del Cemento (INC) sold 12.4m bags of cement, an increase of eight per cent YoY, according to Jorge Méndez, CEO of INC. Mr M...
Paraguay
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Cimpor
Cimpor recently made disposals to strengthen its capital base. It has raised EUR32m from the sale of 16 per cent of the equity in Yguazu Cementos in Paraguay, reducing its inter...
Cimpor sells a minority stake in Paraguay producer
Cimpor has sold a 16 per cent stake in Ygauazu Cementos of Paraguay for a total of EUR32m, the company announced in a statement. The sale reflects a 14x EBITDA multiple. Cimpor ...
Paraguay to import 200,000 bags of cement
Paraguay’s Industria Nacional del Cemento (INC) estimate it will import around 200,000 bags of cement per month to cover domestic demand this year, according to its CEO, Jorge M...
Paraguay Minister of Industry: INC needs to import cement urgently
Gustavo Leite, Paraguay’s Ministry of Industry and Trade, said yesterday that there exists an alternative scenario that would see the country’s main cement producer, Industria N...
Paraguay: cement price spikes 20%
In the past few weeks the price for a bag of cement in Paraguay has spiked to PYG56,000 from PYG45,000, up 20 per cent. The price rise has been attributed to technical issues wi...
Paraguay: INC distributors complain about cement supply
Several Paraguayan cement distributors have complained about supply issues which sees them receiving only 13-25 per cent of their normal order volumes. The state-run cement firm...
Paraguay: cement price predicted to fall 15% in 2016
Following the fuel conversion at Industria Nacional de Cemento’s Villeta plant in Paraguay, its CEO, Jorge Méndez, said he expects up to a 15 per cent drop in the price of cemen...
Paraguay: INC’s kiln returns to normal service
Industria Nacional del Cemento (INC) announced that its kiln at the Vallemi works is back up and running since Tuesday after a six-day stop due to technical issues. At present t...
Paraguay: INC expects to use up 20% biofuel
Paraguay’s Industria Nacional del Cemento (INC) announced that subject to satisfactory analysis results, the cement producer will be including biofuel in its fuel mix. A series ...