Cement News tagged under: Ucem
UCEM acquires Ecuador’s Ecoluz SA17 July 2024, Published under Cement NewsGloria Group , through its subsidiary Unión Cementera Nacional SA (UCEM), has closed the purchase and sale contract for 99.998 per cent of Ecuador-based hydropower company Ecoluz SA. In May 2024 the Superintendency of Economic Competition of Ecuador approved the acquisition of all Ecoluz shares by UCEM. “Gloria Group reaffirms its commitment to investment in the Latin American market, betting on the development of the countries in the region,” concludes the Peruvian company. |
Ecuador: a challenging recovery03 August 2016, Published under Cement NewsWith severe earthquakes, massive debts and low crude oil prices, Ecuador’s way ahead appears uncertain. The country’s future is dependent on the outcome of the 2017 elections and a recovery in oil prices to get the economy moving again in the right direction under positive leadership. By Rob Roy, ROI Consulting, USA. Ecuador faces an uncertain future, but next year's presidential elections may provide the potential for change Ecuadorian cement consumption is expected to decline ... |
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