The Venezuelan government is currently looking at plans to unify the administration of the cement works owned by Corporación Socialista del Cemento (CSC). At present, while the cement works are subsidiaries of the CSC, they each have their own administration.
CSC includes Venezolana de Cementos, Industria Venezolana de Cementos, Fábrica Nacional de Cementos and Cemento Andino. Three out of four cement companies have production issues, which is leading to cement shortages in the country.
SOCOCIM Industries secures IFC loan for decarbonisation
SOCOCIM ( Vicat group ) has been granted a green loan of CFA49bn (US$77.6m) from International...