Cement News tagged under: Argentina

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Argentina's cement demand down 27% in May

13 June 2024, Published under Cement News

Argentina's cement market contracted by 27.2 per cent YoY to 780,541t in May 2024 from 1,071,951t, but compared with April 2024, dispatches were up 19 per cent, reports the country's cement association, AFCP. Domestic production was down 27.1 per cent YoY to 785,211t in May 2024 from 1,077,128t, but up 18.7 per cent MoM. Of this total, cement producers exported 4930t, representing a drop of 4.8 per cent YoY and 16.6 per cent MoM. To supplement domestic output, 260t of cement were importe...

Argentine cement market contracts 31% in 4M24

21 May 2024, Published under Cement News

Cement demand in Argentina fell to 661,122t in April, representing a YoY drop of 35.7 per cent from 1,028,598t in April 2023 but up 4.2 per cent MoM from 634,342t in March 2024, according to the country’s cement association, AFCP. Domestic production saw a 35.6 per cent fall to 666,7791t in April 2024 from 1,035,525t in April 2023 but a 4.4 per cent increase MoM from 638,824t in March 2024. Argentine producers exported 5910t of cement in April 2024, down 14.7 per cent from 6927t in April...

Argentine cement market contracts 24% in February

11 March 2024, Published under Cement News

Cement consumption in Argentina fell 23.5 per cent YoY to 684,960t in February 2024 from 895,938t in February 2023, according to the country’s cement association, AFCP. When compared with the previous month, demand dropped 10.7 per cent from 767,263t. Output from domestic cement plants was down 23.4 per cent YoY to 689,425t in February 2024 from 900,151t. When compared with January 2024, production declined by 10.8 per cent from 772,840t. Domestic production in February 2024 was suppleme...

A more concise InterCement Participaçoes

01 March 2024, Published under Cement News

The last year has seen InterCement Participacoes (Mover) work hard to divest parts of its cement business to lower its debt. It is now being courted by several leading cement producers that are looking to make bids for further of the company's assets, making it likely that more divestments will be agreed before May and July, when the Brazilian company's latest set of debts are set to mature. Last week's statement from InterCement about having "received a series of inquiries and expressions ...

Companies circle for InterCement's assets

26 February 2024, Published under Cement News

Companhia Siderúrgica Nacional (CSN) and a consortium led by Votorantim Cimentos , including Polimix and Buzzi, have made binding proposals for the purchase of the assets in Brazil of Loma Negra 's parent company InterCement Participações  (InterCement), according to a local source.  InterCement has commented that it has received a series of inquiries and expressions of interest in its assets during recent months. BTG Pactual Bank is assisting in evaluating strategic alternatives, such...

Solar power for Avellaneda

12 February 2024, Published under Cement News

Argentine cement producer Cementos Avellaneda recently inaugurated its 22MW La Calera Solar Park in San Luis, Argentina. The project will provide the company with over half of its electrical power requirement at its San Luis cement plant and represents an important step towards the decarbonisation of its operations. By Cementos Molins, Spain. Cementos Avellaneda’s 22MW La Calera Solar Park is expected to provide 55 per cent of the electrical energy requirements of the company’s San...

Argentina's cement consumption declines 20% in January

12 February 2024, Published under Cement News

Cement demand in Argentina saw a 19.9 per cent drop to 767,297t in January 2024 when compared with 958,230t in January 2023, according to the country's cement association, AFCP. Argentinian demand was entirely met by domestic production, which saw a 20 per cent decline to 772,874t in January 2024 from 965,633t in January 2023. Local producers also exported 6036t of cement, an 18.5 per cent decrease from 7404t in January 2023.

Argentina’s cement demand slips by 3% in 2023

15 January 2024, Published under Cement News

Cement consumption in Argentina fell by 13.1 per cent YoY and 20.5 per cent MoM to 810,314t in December 2023, down from 932,660t in December 2022, reports the Argentine cement producers’ association, AFCP. Domestic production declined 12.9 per cent YoY and 20.4 per cent MoM to 816,254t in December 2023, down from 936,892t in December 2022. Exports increased 71.7 per cent to 7267t in December 2023 from 4232t in December 2022, while imports reached 1266t in December 2023 from zero in the yea...

Argentina’s cement market contracts 11% in November

20 December 2023, Published under Cement News

Cement consumption in Argentina’s decreased by 10.9 per cent YoY to 1,019,682t in November 2023 from 1,144,123t in November 2022, reports the country’s cement association, AFCP. This includes 1266t of imports. Production fell by 10.8 per cent YoY to 1,026,049t in November 2023 from 1,150,824t in November 2022. Of this total 1,018,416t was dispatched locally and 7633t exported in November 2023. In the year-ago period, local dispatches reached 1,144,123t while exports stood at 6701t. Janu...

Argentine market contracts by 1% in October

09 November 2023, Published under Cement News

Cement consumption in Argentina slipped by 0.6 per cent YoY in October 2023 to 1,125,049t from 1,131,509t in October 2022, reports the country’s cement association, AFCP. Market demand was met entirely by domestic output, which declined by 0.2 per cent YoY to 1,125,049t from 1,121,509t in October 2022. Argentine cement producers exported 8256t of cement in October 2023, up from 4302t in October 2022. January-October 2023 In the first 10 months of 2023 total cement deliveries fell 1.3 ...