Cement News tagged under: Bolivia
Peru's Gloria Group acquires control of Soboce, Bolivia18 December 2014, Published under Cement NewsPeruvian conglomerate Gloria Group has acquired an outstanding 51.35 per cent stake in Bolivia's largest cement producer Sociedad Boliviana de Cemento (Soboce) for US$300m. Gloria previously held a 47 per cent stake in Soboce, once the flagship of magnate and former presidential candidate Doria Medina, with US$280mn in annual sales. Mr Medina, who lost to President Evo Morales in the October presidential elections, opposed Mr Morales' move to nationalise Soboce's 30 per cent stake in cemen... |
Bolivia: FLSmidth to supply new Soboce plant25 November 2014, Published under Cement NewsFLSmidth has signed a contract with Sociedad Boliviana de Cemento SA (SOBOCE) for the supply of equipment and machinery for a cement plant in Bolivia. The cost of the project is estimated at US$180m and will include the construction of a 0.8Mta cement plant in Yacuses, Puerto Suarez, that is expected to be fuelled by natural gas. Álvaro Andrade, national project manager, and Felix Salek, regional manager SOBOCE, indicated that during the construction phase up to 600 people for the developme... |
Bolivia: Potosi plant ruled out17 November 2014, Published under Cement NewsBolivia’s president, Evo Morales, ruled out the building of a cement plant in Quiburi, Potosi. The new works was expected to cost US$401m, including the building of a pipeline that feeds the plant. However, the project was postponed indefinitely although Empresa Pública Productiva Cementos de Bolivia (Ecebol) launched an international tender in February 2012 for the construction and commissioning of the plant. |
Sinoma signs EP contract with Itacamba Cemento24 September 2014, Published under Cement NewsSinoma International has signed a formal EP contract with Itacamba Cemento, a subsidiary of Votorantim, for a 2000tpd line in Bolivia. The contract scope is from raw material crushing to cement silo. Sinoma’s responsibilities cover engineering design, mechanical equipment supply, transportation on DAP basis, on-site services, etc. The project schedule is 24 months. |
Molins and Votorantim to control Bolivia's Itacamba01 August 2014, Published under Cement NewsCementos Molins of Spain plans the acquisition of a majority stake in Bolivia's Cementos Itacamba. The purchase is expected to take place via Spain-based Yacuces, a joint venture with Brazil-based Votorantim Cimentos, which is also its associate in Argentina (Cementos Avellaneda) and Uruguay (Cementos Artigas). The first step will be an agreement to buy 66.7 per cent of Itacamba Cementos, which currently runs a cement mill in Germán Busch province. Yacuces has agreed to pay US$18.6m for t... |
Bolivia: COBOCE reaches agreement with transport organisations09 July 2014, Published under Cement NewsBolivian cement co-operative Cooperativa Boliviana de Cemento, Industrias y Servicios (COBOCE) has come to an agreement with cement transport organisations on how its deliveries will be divided among local transport firms in Cochabamba. These firms had been on strike for a week, blocking the main road to Cochabamba, prior to this agreement. Asotram will keep a 30 per cent share, Transpeco a 35 per cent share and Sindicato de Transportes Capinota a 35 per cent share, which means that COBOCE... |
Consortium awarded Oruro contract, Bolivia04 April 2014, Published under Cement NewsGerman-Spanish consortium (ThyssenKrupp) Polysius-Sacyr-Imasa has been awarded the US$244m contract for Ecebol’s new cement plant in Caracollo Norte, Oruro, Bolivia, according to the general manager of the Service for the Development of Productive Public Companies (SEDEM), Patricia Ballivián. Local press have reported that the award includes the construction of a US$2m electrical substation that was outside the technical scope of the project but represents a saving for the Bolivian state.... |
Bolivia: Itacamba starts Yacuses construction in May26 March 2014, Published under Cement NewsItacamba will start building its new cement plant in Yacuses, Bolivia, on 13 May when civil works on the project commence. In April, heavy equipment will roll onto the terrain to prepare the 7ha site for construction. The Yacuses works reflects an investment of US$200m. With a production capacity of 0.85Mta will cover the current 0.5Mta supply deficit in the Santa Cruz market. The project represents the realisation of a shelved 40-year old plan. However, two years ago, the project was... |
Bolivian cement project hits gas supply issue21 March 2014, Published under Cement NewsBolivian cement producer Sociedad Boliviana de Cemento (Soboce) said that investments in the sector have been stalled by the lack of energy to build new plants. Soboce planned to invest around US$160m in a new 0.8Mta cement works in the municipality of Port Suárez, Yacuses, but the lack of gas supply, which was to be delivered by state-owned Yacimientos Petroliferos Fiscales Bolivianos (YPFB), to the site delayed the project. Soboce president, Samuel Doria Medina closely-linked the cem... |
Bolivia expects to cease cement imports in 201720 March 2014, Published under Cement NewsIn 2017, Bolivia will no longer require cement imports following the launch of production at the Ecebol plant, according to Patricia Ballivian, general manager of the Productive Public Enterprises Development Service (Sedemp). "We will stop importing cement with our plant and will capture more than 20 per cent of the market. We expect plant construction to take three years, ie we will be starting operations in 2017 to cover the market,” said the official. She said the country currently ... |