Cement News tagged under: Argentina

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Uruguay to export 0.6Mt to Argentina

23 July 2013, Published under Cement News

Uruguay’s ANCAP will be exporting 0.6Mt of Portland cement to Argentina and Paraguay, thanks to the expansion of its Paysandú works. The exports are scheduled to take place once the Paysandú capacity expansion is completed in 2016. The capacity project will see output at the works double after a two-stage programme is implemented. The first phase will see a fuel conversion to petcoke which will be followed by a construction of a new kiln. The kiln will more than double production from ...

Argentine April dispatches and consumption advance

14 May 2013, Published under Cement News

Local cement producers in Argentina have reported a rise in dispatches (local and exports) for April 2013 whilst consumption on the local market has also demonstrated healthy gains, latest figures from the country's cement association, AFCP, show. In April 2013, Argentine Portland cement factories dispatched 975,081t of cement, including exports, representing an increase of 3.9 per cent compared to the previous month. Of the April 2013 total, 946,202t were destined for the local market...

Argentina’s Supreme Court rejects cartel arguments

09 May 2013, Published under Cement News

The Argentine Supreme Court rejected Wednesday the arguments provided by the country’s five largest cement companies – Loma Negra, Minetti, Cemento San Martin, Petroquímica Rivadavia, Cement Avellaneda - and its cement association AFCP against a combined ARP310m (US$60m) fine imposed by the state for price and market fixing. The court’s decision draws a line under a legal battle that started eight years ago when the original complaint was made under the Roberto Lavagna administration. The...

Cementos Molins first-quarter profit down by 53%

03 May 2013, Published under Cement News

Spanish cement maker Cementos Molins reported a 53 per cent on the year drop in its profit for the first quarter of 2013 to EUR4.7m, mainly due to the losses sustained by the domestic market. Spanish subsidiaries closed the quarter with a EUR10.96m loss, 47 per cent more than the previous year. Consolidated turnover reached EUR195m with income falling by 18 per cent in the Spain and 6.6 per cent in overseas markets.  The company, which operates a cement plant in the Catalan capital o...

Argentina sees strong monthly rise in shipments

15 April 2013, Published under Cement News

Argentine cement factories shipped 938,872t in March 2013 (including exports), representing an 11.9 per cent increase compared to February, latest data from local cement association AFCP shows. However, on an annual basis, shipments declined 3.5 per cent compared to March 2012. Dispatches of AFCP members destined for the internal market, including imports, reached 915,326t , which shows an increase of 13.1 per cent over the previous month but compared with March 2012, a decrease of ...

Cimpor: restructured for growth

25 March 2013, Published under Cement News

Following the restructuring of Cimpor and asset swaps with InterCement Austria Holding, the Portuguese cement major is looking forward to an increased footprint in Latin America and Africa, two geographic areas with high growth potential. Essentially, Cimpor acquired the assets held by Camargo Correa, InterCement Austria's ultimate parent, in Argentina, Brazil, Paraguay in exchange for Cimpor's assets in Morocco, Tunisia, Turkey, India, China, Peru, Spain, which were subsequently transfer...

Argentine February shipments decline

14 March 2013, Published under Cement News

Argentine cement plants shipped 839,223t, including exports, representing a decline of 7.1 per cent on February last year, according to the latest data published by association AFCP. On a month-on-month (MoM) basis, the February figure was 8.1 per cent less than the amount shipped in January. However, domestic sales, including imports reached 809,280t, an increase of six per cent YoY but a decline of 8.9 per cent MoM.

Argentina’s cement plants deliver 4.4% more cement in January 2013

20 February 2013, Published under Cement News

Argentine cement plants delivered 913,336t of cement in January 2013, according to the latest data published by the country’s cement association AFCP. The January figure represents a 12.9 per cent increase MoM while when compared with January 2012, cement deliveries advanced by 4.4 per cent. Domestic dispatches, including imports, rose 12.8 per cent to 888,602t on the previous month, while YoY the increase was 3.2 per cent.

Latin America market movements

21 January 2013, Published under Cement News

Three major Latin American countries, Brazil, Peru and Argentina, released full-year consumption figures for 2012 this week with two showing YoY gains while demand in the third faltered. Brazil With Brazil's economy continuing its lull, construction activity is expected to have grown by five per cent last year, thus underperforming its significant potential. Fundamentally, the opportunities for the construction sector are immense given the country's housing and infrastructure needs and...

Argentina’s 2012 cement shipments fall 7.8% YoY

15 January 2013, Published under Cement News

Total shipments (domestic and exports) from Argentine cement producers fell 7.8 per cent YoY, according to the latest update from the Asociacion de Fabricantes de Cemento Portland (AFCP). For the 12 months to December 2012, total shipments reached 10.69Mt compared to 11.6Mt achieved in 2011. Sales to the domestic market were down by 8.16 per cent last year to 10.46Mt, compared to 11.39Mt in the previous year. Exports, remained stable in 2012 at 236,807t compared to 235,412t in 2011. ...