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May 28, 2023
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Bancada del FA wants to cancel Ancap’s call to find a partner for the Portland business

The Ancap Board of Directors resolved last week to advance in the search for a partner for the cement and lime business. The Frente Amplio bench wants to stop this process.

Last Thursday, the majority of the Board of Directors of the public company approved the bidding documents to convene a comprehensive association to carry out, in whole or in part, this line of business.

He reported that in this initial stage the possibility of making a call with three alternatives was identified. One of them was ua unique association with all plants. The second one with the Paysandú plant, and the rest with the Minas, Manga and Treinta y Tres plant..

“Saving the cement and lime business requires overcoming the technological obsolescence of our plants, the low mechanical reliability of certain critical production equipment, the consequent low efficiency of labor per ton produced, the fixed and variable costs of production and Fundamentally, the lack of a market to whom to sell what is produced,” Ancap said in a statement.

However, the Broad Front bench does not agree with the decision. Senator José Nunes reported that An annulment action was filed before the Contentious Administrative Court (TCA) against the resolution of the Ancap Board of Directors that “opens the way to the privatization of the Portland sector.

He added that the decision of the public company violates the Constitution.



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