Cement News tagged under: Argentina

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Argentina’s market demand falls 4% YoY in May

06 June 2018, Published under Cement News

Argentine cement consumption decreased by 4.4 per cent to 924,979t in May 2018, according to AFCP, the country’s cement association. When compared with the previous month, demand contracted by 3.5 per cent from 958,184t in April. Of this total, the domestic industry supplied 924,425t, three per cent less MoM, while imports fell from 5160t in April to 554t as Argentina’s producers recovered market share. Compared with May 2017, Argentina’s producers saw their domestic sales ease by 3.9 per...

Fancesa gears up for exports to Paraguay, Argentina and Chile

06 June 2018, Published under Cement News

Bolivian cement producer Fancesa will carry out market research in Paraguay, Argentina and Chile this year with a view to entering these markets as soon as the company’s new line is up and running in 2019. While the decision to export was taken in January last year, it was not until last February that the company’s President, Eduardo Rivero, confirmed that the negotiations with Paraguay were moving in the final lap. However, it was expected that exports would start this year. Four mon...

Argentina demand up 14% YoY

11 May 2018, Published under Cement News

Argentina’s cement market expanded by 13.5 per cent in April to 958,241t  when compared with April 2017, but fell 12.2 per cent MoM, according to the country’s cement producers’ association, AFCP.This demand was met by 953,081t of domestic output and 5160t of imports. Argentine producers saw total dispatches decline by 11.3 per cent MoM, but YoY deliveries, which include exports, advanced by 13.3 per cent to 957,981t. Exports reached 4900t. In the first four months of 2018, the country...

Loma Negra reports 1Q YoY results growth

09 May 2018, Published under Cement News

Argentina-based producer Loma Negra reported a 41.6 per cent rise in net revenues in the first quarter of 2018 to ARS4534m (US$230m) as the company’s combined cement, masonry and lime sales volumes in Argentina increased 9.5 per cent YoY and prices were favourable. Adjusted EBITDA advanced 40.6 per cent YoY to ARS1166m although the EBITDA margin remained flat at 25.7 per cent. In addition, Loma Negra’s concrete volumes in Argentina jumped 44.8 per cent to 0.25Mm 3 as public infrastr...

Argentina cement market expands 6% in March

05 April 2018, Published under Cement News

Cement consumption in Argentina increased 6.2 per cent in March 2018 to 1,091,121t from 1,027,094t in March 2017, according to the country’s cement association, AFCP. When compared with the previous month, sales to the domestic market advanced 18.1 per cent from 924,085t in February 2018. Sales from domestic producers rose 4.7 per cent in March to 1,073,831t from 1,025,620t in March 2017. When compared with the previous month, they advanced 18.2 per cent from 908,513t in February 2018. Ou...

Loma Negra 4Q17 net revenue rises by 57%

09 March 2018, Published under Cement News

Loma Negra (InterCement group) announced its results for the three- and 12-month periods ended 31 December 2017 with net revenue for 4Q17 increasing 57.1 per cent to ARS4452m (US$218.9m), from ARS2834m (US$139.3m) in 4Q16, mainly driven by higher volumes sold across all segments along with increased prices. Total cement, masonry and lime sales volumes in Argentina increased 14 per cent YoY in 4Q17 to 1.76Mt, driven by increased construction activity both in infrastructure and private consu...

Argentina's cement market expands 16% in February

06 March 2018, Published under Cement News

Argentine cement consumption increased 15.6 per cent YoY in February 2018, according to the country’s cement association, AFCP. Total volumes sold on the domestic market rose to 924,075t, up from 799,340t in February 2017 but down 11.5 per cent when compared with January 2018, when sales reached 1,043,732t. Around 908,503t of total domestic consumption was delivered by the country’s producers, up 14.3 per cent YoY, while imports more than doubled from 4210t in February 2017 to 15,572t...

Holcim to import 423,500t of clinker into Argentina

05 March 2018, Published under Cement News

Between May and December 2018 Holcim is expected to import 423,500t of clinker into Argentina, worth US$27.52m. The imports will arrive in 10 shipments of 42,350t each. In December 2017 the cement producer announced investments of US$120m to increase cement capacity at its Malagueno plant in Córdoba. The project includes the addition of a complete line with a clinker capacity of 0.512Mta and a cement capacity of 0.73Mta. Construction works are expected to start in 1H18.

Cementos Molins reports 40% YoY rise in net profit in 2017

02 March 2018, Published under Cement News

Cementos Molins posted a net profit of EUR89.1m (US$109.4m) in 2017, which represents a YoY advance of 39.5 per cent. Consolidated turnover for the year increased 15 per cent YoY to EUR645.6m. The company’s revenues were supported by its international subsidiaries which expanded by 16 per cent, particularly its Argentine subsidiary, which saw its sales rise by 23 per cent. Subsidiaries in Spain increased their turnover by 13.5 per cent, particularly in the concrete and aggregate segment. ...

Argentina’s cement dispatches up 17% in January

07 February 2018, Published under Cement News

Argentine cement producers dispatches 1,030,280t of cement, including exports, in January, up 3.2 per cent MoM and 17.3 per cent YoY, according to AFCP, the country’s cement association. The domestic market (including imports) expanded by 3.9 per cent MoM and 19.4 per cent YoY as manufacturers delivered 1,043,651t.  Private consultants expect the market to continue its growth path in the next few years at an annual rate of seven per cent.