The made an investment of more than US$ 20 million in a new tube and shaped profile processing plant in Bolivia, the most modern in the country due to its infrastructure and machinery.

“Inauguration of the most modern production plant in Bolivia is truly a milestone and a source of pride. The objective of this emblematic project is to improve service to local customers and increase the frequency of exports to neighboring countries: Paraguay, Argentina and Brazil.”indicated Tulio Silgado, CEO of CAASA.

“Likewise, it reinforces the expansion and positioning of our company as a leader in the steel sector,” he added.

With the start-up of this plant, Aceros Arequipa consolidates its presence in the Bolivian steel market, offering a complete portfolio of products, from corrugated bars, profiles and flat products, all of which are hot rolled, to electrowelded tubes and formed profiles. in cold.

The new Aceros Arequipa plant, is located in the Latin American Industrial Park in Santa Cruz, Bolivia, has a 10,000 m2 warehouse located on a 50,000 m2 land.

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The facility will be prepared for the production of electrowelded tubes, cold forming of profiles and cutting of coils to straps. The three lines produce a total of 60,000 tons per year.

Additionally, through the provision of services such as transportation, freight and logistics, the megaproject provides jobs to 90 people directly and another 150 indirectly.

“This new plant allows us to take the quality that characterizes us to the next level, since by producing locally, the finished product is better preserved and reaches all our customers in optimal condition. In addition, it improves the level of service and optimizes working capital,” says Ricardo Cillóniz Rey, Project Manager, Mining, Social Responsibility and Innovation at Aceros Arequipa.

For CAASA, Bolivia offers many opportunities for growth, not only locally, but also opens doors to the international market, becoming a key market in the development and expansion of the company.

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