Cement News tagged under: Central America

RSS feed

Cienfuegos restarts production

27 May 2021, Published under Cement News

The Carlos Marx cement plant in Cienfuegos, Cuba, has recommenced production after being paralysed since 14 January due to a lack of petcoke. A new cargo of petcoke was reportedly unloaded at Cienfuegos port, according to Sierra Maestra new service. To address the fuel shortage, Cienfuegos had introduced the use of tyres and waste oils, but the alternative fuels are unable to meet the entire fuel demand of the plant. To continue supplying cement to Cuba’s construction programme, Cienfue...

Puerto Rican market contracts 13% MoM in April

21 May 2021, Published under Cement News

Puerto Rican cement sales declined 13.2 per cent MoM to 1.37m bags, or 58,414t, in April 2021, according to the country’s statistics institute. In April 2020, 451,000 bags, or 19,230t, were sold following going into lockdown due to the COVID-19 pandemic. Domestic cement production fell in April 2021 to 635,000 bags, or 27,075t, after reaching 771,000 bags, or 32,874t, in the previous month.

Puerto Rican cement sales triple in March

18 May 2021, Published under Cement News

Cement sales in Puerto Rico reached 66,941t in March 2021, according to the Puerto Rican Institute of Statistics. This represents a 15.9 per cent MoM increase and the highest since June 2020. When compared with March 2020, sales nearly tripled. Cement sales fell dramatically in March 2020 due to the COVID-19 pandemic but May 2020 saw a sharp increase and by the end of the year, sales reached 588,400t, up 2.8 per cent YoY following a 5.8 per cent drop in 2019. Cement output from Costa Ric...

Canacem pronounces 2020 the best year for Mexican cement in the last 5 years

18 May 2021, Published under Cement News

Yanina Navarro, director of Mexico's Cement Association (CanaCem), has said that overall 2020 has been the best cement production year for the Mexican cement industry in the last five years.  Navarro told bnAmericas that in January the industry reported a production volume of 4.2Mt, which is 533,000t and 669,000t more than the same month of 2020 and 2019, respectively, according to data from statistics institute Inegi.  However, the total production volume and value for last year ...

Argos sees high 1Q21 cement volumes in Colombia and Central America

11 May 2021, Published under Cement News

In the 1Q21 Argos recorded consolidated income of US$651.6m and EBITDA was US$125.1m. This was thanks to better dynamics in all markets and a lower comparison base in Colombia, and the Caribbean and Central America.   Cement volumes reached 4.1Mt, thus representing an increase of 19 per cent compared to the 1Q20. Cconcrete shipments totalled 2Mm 3 , with a decrease of 4.4 per cent, mainly caused by weather conditions in the USA and a slower recovery of formal construction in Colomb...

ADOCEM reports 30% increase in 1Q sales

10 May 2021, Published under Cement News

Portland cement production in the Dominican Republic increased 23.8 per cent YoY to 1,247,386t in the first quarter of 2021, according to the Asociación Dominicana de Productores de Cemento de Portland (ADOCEM). Local cement sales were up by 30.1 per cent in the 1Q21 while 11.8 per cent of production was shipped overseas. "Our sector continues to grow stronger and has been able to supply the needs of the Dominican market," explained ADOCEM Executive Director, Julissa Báez, while adding "...

Cemex Panamá to produce low-carbon general-purpose cement

03 May 2021, Published under Cement News

Cemex Panamá announced it will be producing its first low-carbon cement as part of its Cementos Vertua general-purpose cement product range. Cementos Vertua’s CO 2 emissions are up to 40 per cent lower than conventional cements while preserving its technical properties and maintaining the Cemex standards of quality. “We recognise that construction in the future must be balanced with its environmental effects and that these challenges are met by collaborating with our clients and stakeho...

Cemex records 1Q21 net sales of US$3.4bn

30 April 2021, Published under Cement News

Cemex has announced its 1Q21 results with EBITDA growing on a YoY basis in all regions. Consolidated net sales increased nine per cent to US$3.4bn. Operating EBITDA improved 28 per cent   to US$684m, while the EBITDA margin increased to 20.1 per cent, 2.8 percentage points higher year over year.   Net debt and leverage were reduced materially during the first quarter. Net debt plus perpetuals fell by US$547m, while leverage ratio was reduced to 3.61 times, almost half-a-turn reduction...

GCC reports 9% increase in EBITDA

28 April 2021, Published under Cement News

Mexico’s GCC has seen its consolidated net sales for the first quarter of 2021 decrease by 1.5 per cent to US$178.8m from US$181.4m in the 1Q20. This was primarily due to lower cement and concrete volumes in the US and the depreciation of the Mexican peso. However, this was partially offset by increased cement and concrete volumes in Mexico and a favourable price environment in both markets. The company’s EBITDA advanced 9.2 per cent YoY to US$49.5m from US$45.3m in the 1Q20, while the EBI...

Holcim Mexico to launch eco-labels

22 April 2021, Published under Cement News

Holcim México has launched new eco-labels, EcoEtiquetas, to improve customer communication and make the environmental benefits of its products and construction solutions more transparent. The labels will be used for all products that meet sustainability criteria, including smaller CO2 footprints and the use of recycled materials. In Mexico this includes cements branded as Apasco, Maestro and Supra Cemento as well as Supra Mortero mortar. “This is one more step on our way to become a Net ...