The cement company LafargeHolcim plans to invest $3 million in improvements to the El Ronco plant and another $6 million on buying machinery and equipment.
The company will be making investments in order to improve the conditions of its production plant called El Ronco, so it can meet the increase in demand for cement generated by the construction of the hydroelectric project El Chaparral."...A month ago, LafargeHolcim began supplying cement and concrete to the companies that won the first two tenders to carry out works on the dam El Chaparral. "
Strong growth of remittances and savings in the oil bill are two of the factors responsible for an increase in the supply of dollars which is putting downward pressure on its price against the quetzal.
Appreciation of the Guatemalan currency against the US currency is also due to lower demand for dollars in the local market, according to statements made by the president of the Bank of Guatemala to S21.gt.
The Guatemalan Exporters Association is a private non-profit entity, established in 1982; that represents, promotes and develops non traditional exports of Guatemalan companies.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Guatemala
Phone: (502) 2422-3400
As part of the Agritrade Platform, Guatemala will participate for the 27th time in PMA Fresh Summit, the most important international trade show and convention of fruits and vegetables in the United States, which will take place at Anaheim Convention Center, California from October 17th to 19th.