Cement News tagged under: Argentina
Argentina records 6% fall in dispatches for August06 September 2019, Published under Cement NewsArgentina has recorded a 5.8 per cent YoY decrease in cement dispatches to 1.052Mt for August 2019, compared with 1.117Mt in the year-ago period. Domestic dispatches fell to 1.047Mt from 1.113Mt, while exports declined to 4230t from 4611t in August 2018. The country’s demand was met by domestic production and as such, no imports were recorded for the month. |
Loma Negra to turn San Juan plant into grinding and dispatch unit05 September 2019, Published under Cement NewsArgentina's Loma Negra has announced that it will be converting its 400tpd integrated plant in San Juan into a grinding and cement dispatch facility. "In the plant no more cement will be manufactured, the clinker will be brought from the Frías plant in Catamarca, located 600km away," said Ivan Malla, general secretary of the Argentine Mining Workers Association (AOMA). Of the 70 plant workers, this decision was expected to impact 40. However, after union negotiations this was reduced to 2... |
Geocycle signs tyre co-processing agreement with Argentina19 August 2019, Published under Cement NewsHolcim Argentina subsidiary Geocycle has signed an agreement with Argentina’s Minister of Production, Labour and Sustainable Development, Graciela Pinal de Cid to enable the co-processing of tyres. Ms Pinal de Cid said: "Today we are initiating a framework agreement with the company Geocycle, belonging to the firm Holcim Argentina, to solve a situation that involves society as a whole, such as tires out of use." She added: “We will generate a joint work agenda between the province and the ... |
Loma Negra sees 2% drop in 2Q revenue but EBITDA up09 August 2019, Published under Cement NewsArgentina-based Loma Negra reported a 2.2 per cent YoY drop in 2Q net revenue to ARS7.47bn (US$165m) while consolidated adjusted EBITDA increased 7.1 per cent YoY to ARS1.929bn, according to Wall Street Online. The rise in EBITDA was attributed mainly to the cement, masonry and lime segment in Argentina but was also supported by growth across the company’s other key segment. Moreover, it was partially offset by non-recurrent production footprint adequacy cost of around ARS188m, without whi... |
Argentine cement demand up 5% in July08 August 2019, Published under Cement NewsTotal cement consumption in Argentina in July 2019 increased 5.1 per cent YoY to 1,000,711t, according to the country’s cement association, AFCP. The market requirement was entirely supplied by domestic plants, unlike in July 2018 when 2540t of cement was imported. Production from Argentine plants during July 2019 reached 1,003,869t, up 5.4 per cent when compared with July 2018. This includes 3158t of exports, which represents a YoY rise of 18.3 per cent. January-July 2019 In the year ... |
Loma Negra reports fire at L'Amalí plant06 August 2019, Published under Cement NewsArgentina’s Loma Negra has reported that a fire broke out in an auxiliary building of the second line at its L'Amalí plant, Olavarría, last Thursday night. The line is still under construction, however the cause of the incident is yet to be determined. The company has noted that no significant impacts are expected and the plant will operate normally to serve its customers, according to a press release. |
Holcim Argentina to replace 35% of energy with wind power24 July 2019, Published under Cement NewsHolcim Argentina has signed a contract with YPF Luz to replace 35 per cent of its conventionally-sourced energy with wind power. This translates to 142,000Mwh per annum of demand, which YPF Luz will supply from its 30MW Los Teros wind farm. The wind farm is currently being constructed in Azul, Buenos Aires, and will begin delivering power to the Argentine Interconnected System in February 2020. "It is a pleasure to present this agreement. It is a sign of Holcim’s commitment to sustainabilit... |
Argentina's cement demand declines 11% in June04 July 2019, Published under Cement NewsThe Argentine cement market contracted by 11.4 per cent YoY to 860,631Mt in June, according to the country’s cement association, AFCP. The domestic demand was entirely met by Argentina’s cement producers, who produced 863,924t of cement during the month. In terms of external trade, unlike in June 2018 when 2302t was imported, there were no cement cement imports in June 2019. However, the country’s cement companies exported 3293t of cement in June 2019 but volumes were down from 5067t in Ju... |
Loma Negra to close clinker production at Barker plant14 June 2019, Published under Cement NewsArgentina's Loma Negra has announced that it will stop clinker production at its facility in Barker, Buenos Aires. The news follows a month of negotiations with the Ministry of Labor and previously confirmed job losses . As of Thursday, 13 June the plant will operate a single shift with 24 employees, while the procedures for a final closure will begin simultaneously. Loma Negra’s parent company, Carmargo Correa, has explained that the plant was obsolete, according to Perfil. However, t... |
Argentine market expands 4% in May05 June 2019, Published under Cement NewsArgentina’s cement consumption advanced 4.3 per cent YoY to 964,762t in May 2019 from 924,211t in May 2018, according to the latest data by the country’s cement association, AFCP. Market demand was entirely met by domestic production in May 2019, unlike in the year-ago period when 554t was imported. In addition, cement producers in Argentina exported 8891t of cement, up 49 per cent YoY. January-May 2019 In the January-May 2019 period domestic demand slipped 6.9 per cent to 4.601Mt, dow... |