Displaying items by tag: INC

Paraguay: Cement has been entering Paraguay at a rate of 6000t per month, up by 400% from 1000t per month upon the removal of restrictions on 19 November 2019, as importers move to fill the supply gap created by falling domestic production. ABC has reported that the construction sector requires 0.1m bag/day of cement, of which the state-owned Industria Nacional del Cemento (INC) is currently providing 20,000 and Intercement 30,000. ABC has named neighbouring Argentina as a source of Paraguay’s incoming cement.

Paraguay: Paraguay’s main cement producer, state-owned Industria Nacional del Cemento (INC), has ‘significantly’ slowed production at its 1.0Mt/yr integrated Puerto Vallemi plant to a rate of 12,000 bags/day, creating a supply gap that imports and Intercement’s 0.4Mt/yr integrated Asunción plant have been unable to fill. Esmerk Latin American News has reported that the shortage has precipitated a 33% price rise in the cost of a bag of cement in the country to US$10.20 from US$7.00 when the shortage began in October 2019.

Paraguay: Industria Nacional del Cemento (INC) has signed an agreement with the Ministerio de Urbanismo, Vivienda y Hábitat (MUVH), the government body responsible for commissioning residential home construction, for preferential cement prices for companies to which the latter awards building contracts. INC president Ernesto Benítez Petters said “Cooperation with the MUVH will strengthen the consumption of cement produced in Paraguay by ensuring it a price and the provision of demand from this type of project.”

Paraguay: Industria Nacional del Cemento (INC) has appointed Ernesto Julián Benítez Petters as president. In his inauguration speech, he expressed his intention to continue the work of his predecessor for the company as a pillar of the Paraguayan economy.

Paraguay: Industria Nacional del Cemento (INC) has launched CPII – C40, a composite cement product. The pozzolanic product is intended for use in structural projects. Its properties include high initial resistance and increased resistance against water. The new product was publicly launched at the EXPO-FAIR Mariano Roque Alonso.

Paraguay: Industria Nacional del Cemento (INC) plans to launch CP 2-C 40, a cement product intended for use in structures such as bridges and roads. The new product is scheduled to be released in June 2019, according to IP Paraguay. Following the launch the cement producer will have four main cement products.

Paraguay: Union representatives at Industria Nacional del Cemento (INC) have warned of shortages in mid-February 2019. They have cited a shortage of bags at its Villeta plant and problems with the kiln at the Vallemi plant, according to the ABC Color newspaper. The president of INC has denied the claims. Local cement sales are expected to rise by 7.7% year-on-year to 1.4Mt in 2019 from 1.3Mt in 2018.

Paraguay: Local press is querying why state-owned cement company Industria Nacional del Cemento (INC) has signed a petcoke contract with Sanfil-GT consortium. A delivery of 12,000t of petcoke has been delayed for logistic reasons, according to the ABC newspaper. The consignment is part of a US$6.5m contract to supply 24,000t of petcoke. In 2018 INC awarded a tender to buy US$6m of Turkish-produced clinker from Sanfil-GT Scientific. However, the manufacturer, Cemco Cement Trading, later warned that neither Sanfil SA nor GT Scientific SA were authorised to market the commodity.

Paraguay: Industria Nacional del Cemento (INC) is planning to upgrade the ventilation system for the kiln at its Vallemí cement plant. The state-owned cement producer has money left over from bonds it issued in 2018, according to the La Nacion newspaper. The work is expected to increase the productivity of the kiln.

Paraguay: Industria Nacional del Cemento (INC) says that its despatches of cement grew by 2% year-on-year to 12.7 million bags in 2018 from 12.6 million bags in 2017. The company described how it overcame a ‘difficult moment’ in late 2018 by normalising the cement despatch process and supplying overdue orders. Local media reported a shortage of cement and technical issues at INCs Villeta plant in late 2018.