Peru: Soboce approves BOB487.2m to continue growth
An 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 inve...
Soboce
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Bolivia: Soboce income falls 49% in FY14-15
Soboce 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$7.4...
Bolivia: Soboce raises bagged cement price
The 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 b...
Peru's Gloria Group acquires control of Soboce, Bolivia
Peruvian conglomerate Gloria Group has acquired an outstanding 51.35 per cent stake in Bolivia's largest cement producer Sociedad Boliviana de Cemento (Soboce) for US$300m. Glor...
Bolivia: FLSmidth to supply new Soboce plant
FLSmidth has signed a contract with Sociedad Boliviana de Cemento SA (SOBOCE) for the supply of equipment and machinery for a cement plant in Bolivia. The cost of the project is...
Bolivian cement project hits gas supply issue
Bolivian cement producer Sociedad Boliviana de Cemento (Soboce) said that investments in the sector have been stalled by the lack of energy to build new plants.
Bolivian government and cement companies agree to increase output
Bolivia’s government and local cement producers have agreed to raise cement production by 17 per cent next year, taking the current figure of 3Mta to 3.5Mta.
Coboce: Bolivia’s demand growth requires further investment
Without new investment in the cement industry, Cochabamba and Bolivia as a whole could face new supply shortages by 2016. In the past two years, the country has seen demand grow...