(Mexico/Paraguay) — Mexican cement giant Cemex plans to invest in the Paraguayan state-owned producer, INC.
According to INC’s head, Carlos Krssel, Cemex would transfer its technology to and possibly invest in INC.
Mr Krssel visited a Cemex plant in Mexico to learn about Cemex’s plants and their experience in the provision of services and other products such as precast concrete.
INC plans to expand its range of services and products once it has completed a long-awaited increase in production capacity.
In 2006, government-owned Industria nacional del Cemento (InC) was the only cement producer in Paraguay.
By: Rashmi Kalia (ARI-C NEWS)