Displaying items by tag: Paraguay
Paraguay: President Horacio Cartes has officially opened a US$3.9m pozzolana dryer at Industria Nacional del Cemento’s (INC) cement grinding plant at Villeta. The upgrade cost US$3.9m and it is expected to save the plant up to US$10m/yr, according to the Última Hora newspaper. In addition the cement producer is changing the fuels it can use at its Vallemi cement plant.
Industria Nacional del Cemento’s production rises in 2016
17 January 2017Paraguay: Industria Nacional del Cemento’s (INC) production rose by 8% year-on-year to 13.2 million bags of cement in 2016 from 12.3 million bags in 2015. It also reported an operating profit of US$1.5m, according to La Nación newspaper. Company president Jorge Mendez said that the state-run cement producer produces 55,000bag/day of cement at its plants at Villeta and Vallemi, holding about 55% of the domestic market.
INC is completing a US$3.9m dryer upgrade at its Villeta plant with local contractor Engineering. Changes to the fuel used at its Vallemi plant are also on-going to cut energy costs.
Paraguay: Industria Nacional del Cemento (INC) has reported progress on upgrade projects at its cement plants in Vallemi and Villeta. At its plant in Vallemi the company is continuing work on upgrading the fuels that the kiln can use. The project is expected to save up to US$22m/yr. CIE is conducting the work and the launch is scheduled for January 2017.
INC is also building a cement grinding plant at Villeta. The new mill is being built by Sinoma for a cost of US$11.5m and is scheduled for delivery in August 2016. It will have a cement production capacity of 80t/hour or be able to produce around 800,000 bags/month of cement. INC also plans to start operating a pozzolan drying unit at Villeta in September 2016.
Matias Cardarelli appointed director at Yguazu Cementos
02 March 2016Paraguay: Matias Cardarelli has been appointed the director of Yguazu Cementos, a joint-venture between Intercement and Concret Mix. Yguazu Cementos has a 0.4Mt/yr cement grinding plant with in Villa Hayes. Previously, Cardarelli worked for Ford Motors and Zurich Financial Services. He joined Intercement in Argentina in 2008.
Paraguay: Industria Nacional del Cemento (INC) has shut down its clinker kiln for 30 days to start work on a fuel upgrade project. The US$45m project is intended to allow the kiln to use other fuels as well as the fuel oil it currently uses. A further 90-day stoppage period has been scheduled for mid-2016. The project is expected to be complete by the end of the year.
INC’s president Jorge Mendez has reassured the public that the cement supply from his plant will not drop during the maintenance period. INC will continue delivering between 50,000 - 55,000 bags/day. The firm has 86,500t of clinker in stock. In addition the government will also import 200,000t of cement to maintain levels. INC is the country’s sole integrated cement plant.
InterCement sells quarries in Brazil
30 December 2015Brazil: InterCement has sold two quarries, Guarulhos and Barueri, in São Paulo state to Polimix Concreto for US$25m. The sale includes the properties, assets and exploration rights of both quarries.
The quarry sales follows a sale of a 16% stake in Yguazu Cementos (Paraguay) for US$35m that was announced on 21 December 2015. In that sale InterCement retained a 51% stake in Yguazu Cementos to retain control of the subsidiary. The remaining share capital share capital was held by InterCement's Paraguayan partner Concret Mix.
Together both sales form part of a set of initiatives to strengthen InterCement's capital structure and increase its profitability. As part of its announcement the company highlighted the stoppage of underused plants, the divestment of concrete units in Brazil, the sale of non-strategic assets, pricing reviews and reduction of costs and expenses.
Paraguay: Although the Paraguayan state-run cement company Industria Nacional del Cemento (INC) has announced that it has secured the supplyof 50,000bags/day and is importing cement from Brazil, local distributors are still voicing their discontent with the firm. They they claim that INC is lying about the volumes that it provides. They are also complaining that the cement it imports is of poor quality and that the cement coming into the country from Brazilian producer Votorantim is too expensive.
Additionally, they argue that the imported cement is just to compensate the lack of supply from INC. They specifically complained that there were practically no regular disbursements of cement over the week beginning 26 October 2015. They believe that there is a lack of clinker for cement production and that demand from the local market is not being covered.
The head of INC, Jorge Mendez, has categorically denied the claims, stating that the distributors are making objections due to the fact that a recent negotiation process between INC and them has come to an end. He stated that 270,000 bags were handed over to distributors during the aforementioned week, including around 45,000 bags of cement produced by INC, and over 20,000 bags from imports. He feels that the issue has arisen because a certain number of distributors do not like the fact that construction firms buy imported cement and that INC regulates cement prices. Mendez has also challenged claims that Paraguay's distributors are requesting more cement.
INC could be turned into cement importer immediately
15 October 2015Paraguay: Paraguay's Industry and Trade Minister Gustavo Leite has revealed that the possibility of turning Industria Nacional del Cemento (INC) into a cement importer with immediate effect is being considered by the authorities, which are concerned about on-going cement supply issues and cement prices.
A public-private partnership to increase capacity to 1Mt/yr is being sought, but this will require a new cement plant, which takes between three and four years, so it will not solve the existing problems. A tender process to import cement could be organised before the end of October 2015 and the product could arrive in November 2015.
INC looks to expand fuels mixture
03 June 2015Paraguay: Industria Nacional del Cemento (INC) is looking to diversify its fuels mixture to include other types of oils and possibly biofuels. The company has signed an agreement with the engineering faculty at Asuncion National University (FIUNA) to certify the use of biofuels. INC's president Jorge Mendez believes that, from 2016, INC may start using a variety of fuels, following a US$50m investment in its furnace. This could save US$22m/yr, but it will not necessarily mean that biofuel will be used.
Paraguay president meets Holcim executives for Industria Nacional del Cemento plant upgrade
28 October 2014Paraguay: President Horacio Cartes met with the head of the country's cement company Industria Nacional del Cemento (INC) and executives from Holcim and KBR Group on 23 October 2014. The meeting was arranged to discuss a new 4000t/day cement production line for INC at its Puerto Vallermi Plant capable of meeting a production rate of 90,000 bags/day. Cartes has also met with executives from Paolini Hnos and Loma Negra. Construction of the new line is intended to start in 2015.