Displaying items by tag: FANCESA

Bolivia: The Permanent Court of Arbitration has found itself ‘without jurisdiction’ to resolve a claim by Consorcio Cementero del Sur, Grupo de Inversiones Gloria Bolivia, SOBOCE and Yura Inversiones Bolivia against the Bolivian government over the nationalisation of a stake in FANCESA. Local press has reported that Bolivian Attorney General’s Office welcomed the finding as a ‘resolution of the case in favour of the Bolivian state.’

Bolivia: The Bolivian National Institute of Statistics (INE) recorded total national cement production of 3.3Mt during the first 10 months of 2022, up by 12% year-on-year from 2.9Mt in the corresponding period of 2021. Meanwhile, cement sales rose by 5.6% year-on-year to 3Mt, from 2.84Mt. Compared to 2019 volumes, cement sales fell by 5.6% from 3.96Mt. Nonetheless, Bolivian Cement and Concrete Institute (IBCH) general manager Marcelo Alfaro said that the results 'consolidated the rebound' that began in 2021. Cement sales volumes previously dropped by 23% year-on-year to 3.03Mt in 2020, amid successive Covid-19 lockdowns.

Fábrica Nacional de Cemento (FANCESA) commercial manager Álvaro Cuéllar said "FANCESA is making the necessary efforts to meet its share of the domestic market." Cuéllar added "We are close to 9Mt/yr of capacity for a market that in 2019 approached 4Mt/yr. That is why we have many kilns stopped and the industry is working at half speed."

Bolivia: Fábrica Nacional de Cemento (FANCESA) has received an order for 8000t of clinker from Chile. The Correo del Sur newspaper has reported that the company previously delivered 1000t of clinker to Chile-based Cbb’s grinding operations in the country. The producer says that it is in the process of securing a supply contract for 80,000t/yr of clinker with its Chilean customer.

Bolivia: Fábrica Nacional de Cemento (FANCESA) has agreed to open up where it sells its cement. Previously the producer mostly sold its products through authorised vendors, according to the Correo del Sur newspaper. New vendors will be subject certain conditions under the new marketing policy, including making a request to the cement producer. However, the company has not decided whether it will change its prices. Shareholders of the company have requested a market study to assess the situation. FANCESA is expecting demand for cement to drop by up to a quarter in 2021.

Bolivia: Fábrica Nacional de Cemento (FANCESA) has increased the clinker capacity of its Cal Orcko cement plant to 2100t/day with the inauguration of a new clinker line. The La Razón newspaper has reported that the company launched the project in May 2018 at an investment cost of US$215m. The work employed 1390 people, and a further 4000 indirectly. The producer expects the expanded plant to reach full capacity by mid-2021.

Bolivia: Fabrica Nacional de Cemento (FANCESA) has secured a contract for the supply of over 582,000t of cement to the Nueva Santa Cruz Ciudad Inteligente housing development near Santa Cruz. The Correo del Sur newspaper has reported that value of the contract as US$72.0m.

Bolivia/Paraguay: The Bolivian-Paraguayan Binational Chamber of Commerce & Industry is working with Bolivia-based Fábrica Nacional de Cemento (Fancesa) to export cement to Paraguay via the Parana – Paraguay Rivers Inland Waterway. The organisation is also trying to promote exports from the new Empresa Publica Productiva Cementos de Bolivia’s (ECEBOL) integrated cement plant at Caracollo in Oruro, according to the Agencia Boliviana de Información. Local Bolivian cement producers faced production stoppages from March to May 2020 due to coronavirus-related restrictions.

Bolivia: Fábrica Nacional de Cemento (Fancesa) has announced that no cuts will be made to transport spending until after the end of the coronavirus lockdown. Plans to reduce operating expenditure in this area have been opposed by the company’s drivers. Fancesa head of transportation Jhonny Palma said, “Both parties now have the time to analyse the proposals. In due course we will present our operating cost sheets and these will be put up for debate.”

Bolivia: Weimar Pereira, vice-minister for Medium and Large Scale Industrial Production, says that the government is close to signing new rules for cement industries that will prioritise domestic products over imported asphalt on roads and for public works. He made the statement in talks with local producers Fábrica Nacional de Cemento (FANCESA) and Cooperativa Boliviana de Cemento, Industrias y Servicios (COBOCE) as well as union representatives, according to the Correo del Sur newspaper. The new rules are expected to be implemented by August 2019.

Bolivia: Fábrica Nacional de Cemento (Fancesa) plans to target markets in La Paz and Cochabamba. It will open agencies in the locations in early 2019, according to the Correo del Sur newspaper. The cement producer operates a plant at Sucre in the south of the country.