Paraguay: INC expects price fall in 1Q17

Paraguay’s Industria Nacional del Cemento (INC) forecasts a fall in cement prices at the start of 2017 as the cement producer brings online its new cement mill and the fuel conversion of the kiln is completed.

An improved quality, quantity and lower production cost will be the benefits of the recent upgrade of the company’s cement works, says Jorge Méndez Cuevas, CEO of INC. The completion of the project will also enable the company to raise output to 80,000 bags per day, he added.

The company will also launch a new product, Cemento CP II - C40, which reflects a cement of better quality, according to INC.