Paraguay: Cementos Concepción plans to build a 1Mt/yr plant in Concepción at a cost of US$180m. The new company has been set up by businessman José Ortíz, according to the Hoy newspaper. The capital for the plant is being provided by the Cartes Group, the Jiménez Gaona Group and José Ortiz. The project is currently sourcing equipment for the plant and the plant is expected to be operational by 2021.
