Cement News tagged under: Central America

RSS feed

Dominican Republic market contracts 20% in 1H20

12 August 2020, Published under Cement News

Cement sales in the Dominican Republic fell 20.3 per cent YoY to 1,835,598t in the first half of 2020 from 2,303,915t in the 1H19, reports the domestic cement association, Adocem. In terms of value, there was a 9.8 per cent decline to DOP9.9bn (US$168.6m) from DOP10.98m in the 1H19. Output from domestic cement plants decreased 23.5 per cent YoY to 2,150,200t in January-June 2020 from 2,812,131t in the equivalent period of the previous year. This represents a capacity utilisation of 62 per c...

Argos launches ECO Multiproposito in Honduras

10 August 2020, Published under Cement News

Colombian cement producer Argos has launched its ECO Multiproposito cement in Honduras. The product is a general-purpose cement that thanks to sustainable production processes lowers CO 2 emissions by 40 per cent. Energy for the production process at the company’s Comayagua plant is sourced from a solar power array that it inaugurated at the start of 2020. The new product is said to be the first environmentally-friendly cement sold in the country, reports Esmerk Latin American News.

Argos achieves revenues of COP2.1trn in 2Q20

06 August 2020, Published under Cement News

From April to June 2020, Argos, part of Grupo Argos, reported revenues of COP2.1trn (US$553.5m), which represents a contraction of 9.1 per cent compared to the same quarter of last year. These figures were caused in part by lower volumes associated with lockdowns and the mandatory closings of operations in many markets. Argos partially offset the decrease in volumes thanks to the resilience of the construction industry in the USA and the exchange rate of the Colombian peso, which continued...

US Portland and blended cement deliveries decline 6% in May

05 August 2020, Published under Cement News

Total shipments of Portland and blended cement, including imports, in the USA and Puerto Rico fell 6.3 per cent YoY to 8.7Mt in May 2020, according to data published by the US Geological Survey (USGS). The top five state markets were Texas, California, Florida, Illinois and Ohio. Their total market share was 39 per cent in May. The leading producing states were Missouri, California, Texas, Florida and Michigan, which combined accounted for 42 per cent of the nation’s output. In terms of ...

Cemex sales decline by 10% in 2Q20

28 July 2020, Published under Cement News

Cemex reported significant disruption from COVID-19 in 2Q20. Sales declined by 10 per cent YoY and EBITDA fell by six per cent to US$554m. These decreases were attributed to lockdown measures. The decline in quarterly consolidated net sales was due to lower volumes for the company's three core products in almost all regions. The USA was the one exception with cement volumes growing six per cent. Net operating earnings before other expenses decreased 17 per cent to US$279m on a like-for-li...

Cemex Latam Holdings sales decline 36% in 2Q20

28 July 2020, Published under Cement News

Cemex Latam Holdings, SA announced that in a quarter marked by significant disruption from the COVID-19 pandemic, sales declined by 36 per cent in 2Q20, while EBITDA fell by 32 per cent, in local-currency terms, YoY. Cemex’s consolidated cement volumes declined by 33 per cent during the second quarter YoY. However, volumes recovered significantly in June, doubling the volumes sold during April. Quarterly consolidated prices for cement improved by four per cent YoY and remained stable seque...

Cemex launches Vertua® low-carbon concrete

24 July 2020, Published under Cement News

Cemex has launched Vertua® a low-carbon concrete range of products designed to offset residual CO 2 and provide a CarbonNeutral® concrete product. Vertuar achieves a 70 per cent reduction in embodied carbon emissions, claims Cemex. The range offers concrete solutions for foundations, floors and walls of buildings. "Vertua® is part of our ambition to deliver net-zero CO 2 concrete globally to all of our customers by 2050. It is also part of our effort to accomplish a 35 per cnet reduction...

Dominican Republic market contracts 13% in 4M20

22 July 2020, Published under Cement News

Cement sales in the Dominican Republic declined 13 per cent to US$120m in the January-April 2020 period when compared with June 2019. In addition, Dominican cement producers also reported a 20 per cent YoY fall in exports, which reached 227,639t of cement. Their output during the period decreased 24 per cent YoY to 1.36Mt. Adriano Brunetti, president of the country’s cement association Adocem, said: "... 'The most difficult thing was the total stoppage of construction without an opening b...

Puerto Rican cement sales up 42% in June

13 July 2020, Published under Cement News

Cement sales in Puerto Rico advanced 42 per cent YoY in June, according to date from the country’s Statistics Institute. Sales reached 68,180t in June 2020, compared with 48,138t in June 2019. The increase is the second since October last year. Cement sales have fallen throughout 2019 and the first months of 2020. In March they fell 55.1 per cent YoY and this was followed by a 60.6 per cent drop in April as the construction industry fell silent to prevent the spread of the coronavirus. How...

Cemex's climate strategy still on track

26 June 2020, Published under Cement News

Cemex has announced that it will be continuing to move ahead with its climate action strategy, as part of its response to the COVID-19 pandemic. In February the company announced it had set a target for a 35 per cent reduction of its net specific CO 2 emissions per tonne of cement compared with its 1990 baseline. "Climate change is one of the biggest challenges of our time, and we believe that we can continue to address it as a fundamental component of our efforts to recover from the COVI...