Cement News tagged under: Argentina
Loma Negra to increase L'Amalí output to 4.9Mta21 June 2021, Published under Cement NewsFollowing the kiln lighting ceremony on Saturday, 18 June, Loma Negra’s expanded L’Amalí plant in Argentina, is set to start production on 26 June. The US$350m project will increase the plant’s production capacity by 2.7Mta to 4.9Mta with construction carried out by China’s Sinoma. “It is a milestone in the history of Loma Negra. I would like to thank everyone who was working on the site, workers, Sinoma and contractors. We have had and gone through economic and social difficulties and i... |
Argentina's cement market expands 35% YoY in May08 June 2021, Published under Cement NewsCement consumption in Argentina declined 7.8 per cent MoM to 874,187t in May 2021 but surged 34.8 per cent YoY from 648,543t in May 2020, according to AFCP, the national cement association. Market demand was entirely supplied by domestic cement plants, which produced 884,204t of cement in May 2021. This represents a 35.4 per cent advance YoY from 653,116t but a 7.5 per cent drop MoM from 955,508t. In addition to supplying the Argentine market, 10,027t of cement was exported in May 2021, u... |
Loma Negra posts 35% revenue surge14 May 2021, Published under Cement NewsArgentina’s Loma Negra has seen its net revenue surge 35.4 per cent YoY to ARS13,175m (US$143m) in the first quarter of 2021, against ARS9734m in the year-ago period, mainly on the back of strong results from its cement segment. Consolidated EBITDA advanced 49.6 per cent YoY to ARS4730m, while its margin climbed to 35.7 per cent from 32.3 per cent. Net profit was up 104.4 per cent from ARS1256m to ARS2568m. "We started the year in a very good shape, with a solid operating cashflow generat... |
Argentina's cement market shows 135% YoY growth07 May 2021, Published under Cement NewsCement demand in Argentina surged 134.6 per cent YoY to 956,373t in April 2021, according to the country’s cement association, AFCP. However, this does compare to the low base of April 2020, which was considered the worst month of 2020, and is down 2.8 per cent from last month’s results. The country’s demand of 948,830t was entirely met by domestic production, while 7543t were exported. April’s result also marks eight consecutive months of growth in cement consumption. Over the first four... |
Argentina's cement market expands by 94% in March07 April 2021, Published under Cement NewsCement demand in Argentina surged by 94 per cent YoY to 974,391t in March 2021 from a low base of 502,368t in March 2020, according to the country’s cement association, AFCP. The market was entirely supplied by domestic production, which advanced by 93.5 per cent from 508,402t to 983,911t over the same period. In March 2021 domestic producers exported 9520t, up 57.8 per cent YoY from 6034t in March 2020. January-March 2021 The Argentine market expanded by 38.6 per cent to 2.682Mt in th... |
Argentine cement price up 5%06 April 2021, Published under Cement NewsThe price of a 50kg bag of cement in Argentina saw a five per cent increase to ARS820 (US$8.90) on 3 April 2021, according to El Liberal newspaper. The latest price rise has seen prices increase cumulatively by 20 per cent since December 2019. |
Loma Negra reports 21% rise in revenue for 4Q2011 March 2021, Published under Cement NewsArgentina's Loma Negra has announced a 20.6 per cent YoY rise in net revenue to ARS13.26bn (US$160m) for the 4Q20, compared to ARS11bn in the year-ago period. Consolidated adjusted EBITDA surged 40.8 per cent to ARS4.73bn from ARS3.36bn in the 4Q19, while net profit was up 93 per cent to ARS2.96bn. "We finished the year in a very good way, when considering the unprecedented scenario that was presented since the beginning of the year. At that point in time, the fragile macroeconomic environ... |
Argentine demand advances 18% in February09 March 2021, Published under Cement NewsArgentina’s cement market expanded by 18.2 per cent YoY but contracted 9.3 per cent MoM to 686,602t in February 2021, according to the country's cement association, AFCP. The market was supplied by domestic producers with no imports reported. In addition, Argentina’s cement producers exported 8557t of cement, up 2.2 per cent YoY. January-February 2021 In the first two months of 2021 Argentine cement consumption increased 19.2 per cent to 1.707Mt from 1.432Mt in January-February 2020, wi... |
Cachapuz Bilanciai Group wins L'Amali order22 February 2021, Published under Cement NewsSLV Cement, Cachapuz's IT Logistics solution for the cement sector will be implemented at the Loma Negra L' Amalí cement plant. This solution has already been implemented in the factories of Lomaser and Olavarria. Cachapuz is proud to be a partner of Loma Negra, an InterCement Group company, taking part in its digital evolution and growth |
Argentina's cement market expands 20% in January04 February 2021, Published under Cement NewsCement demand in Argentina increased 20.1 per cent to 895,559t in January 2021 when compared with January 2020, when demand reached 745,681t, according to the country’s cement association, AFCP. The requirement of the market was entirely met by domestic production, which saw a 19.2 per cent rise YoY to 903,756t in the first month of the year. In January 2020 output stood at 758,095t. However, exports declined 34.1 per cent from 12,414t in January 2020 to 8197t one year later. |