Eloi Kummetz has worked hard to diversify Kummetz Corporation, taking on projects across the world. As part of his work to increase economic opportunities in several different countries, Eloi Kummetz is developing new facilities in emerging countries to foster the production of cement. Cement, Eloi Kummetz explains, is an important commodity in some areas of the world. As Eloi Kummetz has found in his work in South America and Africa, some areas are in dire need of structural and building developments, with housing shortages reaching near crisis. In Brazil, specifically, cement production is cited as a valuable commodity, Eloi Kummetz says, with cement production being one of the biggest economic industries in the country.
According to the USGS Mineral Program Cement Report, Brazil is sixth in the world in cement production, falling behind China, India, Iran, the U.S., and Turkey. The report explained that Brazil produced 59 million tonnes of cement in 2010, Eloi Kummetz says, a huge jump from 2005, when the country produced only 36 million tonnes and ranked 15th.
Eloi Kummetz sees cement production as a great opportunity for Brazil, which is growing financially. By working with companies in Brazil, Eloi Kummetz hopes to further bolster the country’s financial outlook. According to Eloi Kummetz, Brazil is becoming a financial leader, with an economy that has been ranked seventh in the world. Cement is listed as one of its primary industries, Eloi Kummetz points out, with fertilizers, petroleum, textiles, and coal also big industries for the country.
Kummetz Corporation was licensed in Brazil as Kummetz Corporation Brazil in 2006, according to Eloi Kummetz. Kummetz Corporation purchased Kummetz Construction & Projects Ltd., a business that has been active in Brazil since 1998, in order to develop new and support existing construction projects in the country. Cement production is not only of high value within Brazil, Eloi Kummetz says, but also as an export for the country. Eloi Kummetz explains that Brazil exports cement to the U.S., Paraguay, and Bolivia, among others, with much of the export activity coming from the northeast region of the country.
With cement being so valuable in the construction of strong building materials, Eloi Kummetz believes the industry has a strong, solid future, even in these uncertain economic times. By working in countries like Brazil to create more opportunities for cement exportation, Eloi Kummetz hopes to help further strengthen the country’s economy.