Cement News tagged under: South America
Colombia’s cement market contracts 7% in July11 September 2023, Published under Cement NewsCement consumption in Colombia declined 6.5 per cent YoY to 1.052Mt in July 2023 when compared with 1.125Mt in July 2022, according to the country’s statistics office, DANE. In July 2023 sales to construction companies and contractors dropped by 14.6 per cent YoY, while sales to ready-mix concrete companies edged up by 0.3 per cent YoY. The retail sector’s off-take was down by 5.8 per cent YoY. Bagged cement sales declined by 7.3 per cent YoY in July 2023 while sales of bulk cement saw a... |
Brazilian cement sales up 2% in August08 September 2023, Published under Cement NewsCement sales in Brazil increased by 1.8 per cent YoY to 5.973Mt in August 2023 from 5.867Mt in August 2022, according to the national cement association, SNIC. The recovery of the macroeconomic framework and of the labour market as well as the initial results of the debt settlement programme (Programa Desenrola) are leading to improved consumer confidence. However, the lower income of the population, high interest rates and high family indebtedness are continuing to affect cement sales. ... |
Brazil’s way ahead29 August 2023, Published under Cement NewsDespite Brazil’s strong economic performance in 2022, the outlook for 2023 is less optimistic. To reduce economic uncertainty and boost cement demand, the government is being urged to resume investment in infrastructure and housing. Meanwhile, the domestic cement industry has stepped up its pursuit of carbon neutrality. By Sindicato Nacional da Indústria do Cimento (SNIC), Brazil. Brazil’s cement industry is accelerating its pursuit of carbon neutrality (© Votorantim Cimentos) B... |
Diego Lugano and Hipermix in Brazil JV29 August 2023, Published under Cement NewsDiego Lugano, a former footballer for Uruguay’s national team, is entering the cement business in Brazil in a joint venture (JV) with local company Hipermix. The JV has inaugurated a 0.4Mta cement and mortar factory in the industrial district of Montenegro, Rio Grande do Sul. The BRL100m (US$20.4m) investment will see the production of 100,000tpa of cement traded as Cementos Gaúcho, according to local media. The plant will create 30 direct and 120 indirect jobs. Cementos Gaúcho will serve ... |
UNACEM to acquire Tehachapi plant25 August 2023, Published under Cement NewsPeru-based Grupo UNACEM is buying the 0.9Mta Tehachapi cement plant in California, USA, from Martin Marietta Materials Inc for US$317m. "The acquisition of Tehachapi represents an opportunity to strengthen our presence in the Southwest US market," said Pedro Lerner, CEO of Grupo UNACEM. "If this transaction is approved, the United States would become the second country in terms of installed capacity for the UNACEM Group and also as a generator of revenues and EBITDA, after Peru. It is a... |
Yura to enable lime production at Arequipa plant23 August 2023, Published under Cement NewsPeru-based Cemento Yura , owned by Grupo Gloria , plans to enable its No 2 kiln at its Arequipa plant to produce 400tpd of lime, according to ProActivo. The modifications to the plant are expected to cost PEN4.7m. “The project will make the operation of the Kiln 2 production line more flexible, so that, with minimal changes and depending on the needs of the mining industry, it will be able to produce clinker or lime from limestone as raw material” Yura explained. The change to the line ... |
Votorantim Cimentos’ green credentials21 August 2023, Published under Cement NewsAs part of Votorantim Cimentos’ decarbonisation strategy, the company has become a pioneer in the promotion of Brazil’s first Environmental Product Declarations (EPDs) for cement and concrete products. The EPDs provide Votorantim’s customers with information on the environmental footprint of its products, enabling decisions geared toward more sustainable choices and helping them obtain green certifications. By Fabio Cirilo, Votorantim Cimentos, Brazil. First-ever environmental prod... |
Unacem sees 9% advance in 2Q revenues21 August 2023, Published under Cement NewsPeruvian Unacem Group saw a nine per cent increase in its 2Q revenues to PEN1559m (US$419.8m) in the 2Q23. The advance was attributed mainly to the incorporation of thermo-electric company Termochilca last May. In the core cement and ready-mix concrete businesses, sales volumes in Peru and Chile fell with sales in Peru, down 13.2 per cent YoY. "The incorporation of Termochilca and higher sales prices in all units helped to offset the sharp drop in cement dispatches in Peru, which was af... |
Peru's cement market contracts 7% in July16 August 2023, Published under Cement NewsPeruvian cement dispatches fell by 6.5 per cent to 1.013Mt in July 2023 when compared with July 2022 when dispatches stood at 1.084Mt, according to the country’s cement association, ASOCEM. Of this total 0.958Mt was delivered by ASOCEM members, with 0.055Mt supplied by non-members. Domestic cement output was down 8.9 per cent YoY to 0.985Mt in July 2023 from 1.081Mt. Clinker production fell by 34.2 per cent YoY to 0.624Mt in July 2023 from 0.949Mt. When compared with July 2022, cement ex... |
Argentina’s cement market contracts 7% in July10 August 2023, Published under Cement NewsCement demand in Argentina declined by 6.9 per cent to 1,067,680t in July 2023 when compared with July 2022, when demand reached 1,146,900t, according to the country’s cement association, AFCP. All cement supplied was produced by domestic producers – there were no imports. Total production by Argentine producers fell 7.2 per cent YoY to 1,069,493t in July 2023, down from 1,152,412t in July 2022. Of this total, 1814t were exported in July 2023, representing a 67.1 per cent decline when comp... |