Cement News tagged under: El Salvador

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Holcim invests US$1m in solid waste processing in El Salvador

14 June 2019, Published under Cement News

LafargeHolcim and its Geocycle brand have plans to invest more than US$1m in new waste processing equipment in El Salvador. The new equipment will be used to treat solid waste to supply alternative fuel for its cement production in the country. Geocycle processes around 0.7m used tyres in 2018, bringing the company’s waste tyre use to 6m tyres since 2001, according to Jaime Recinos, director for corporate affairs and sustainable development at Holcim. It also processed 20,000t of waste...

Salvadorian cement demand surges 28% in 11M18

05 June 2019, Published under Cement News

Apparent cement consumption in El Salvador has increased by 28 per cent in the January-November 2018 period to 27,314,750 bags of 42.5kg, or 1,160,877t, when compared with 21,802,300 bags or 926,598t in the 11M17, according to the country’s construction chamber, CASALCO. The latest increase represents the fifth-consecutive 11M rise since 2014. The rise comes on the back of construction activity outperforming economic growth in the Latin American country. Annual economic growth in the 11M18...

China accounts for 15% of Central American cement imports

07 January 2019, Published under Cement News

In the first half of 2018, Central America’s largest importing country was Nicaragua, which purchased cement from overseas sources to the value of US$28m, followed by Guatemala at US$18m. Smaller volumes were imported by El Salvador (US$12m), Honduras (US$7m), Panama (US$6m) and Costa Rica (US$5m), according to CentralAmericaData. YoY the volume of cement imports in the region advanced by two per cent from US$75.6m to US$77.1m in the 6M18 when compared with the year-ago period. Around 15...

Cemento Regional receives Cemengal grinding plant

16 November 2018, Published under Cement News

Cemento Regional has received a new modular and portable grinding station from Cemengal for its expansion in El Salvador, Guatemala. The project consists of a Plug&Grind ® Classic, a modular packaging and palletising system, raw material and cement storage halls and silos for bulk dispatching. The new grinding unit will be commissioned during the 1H19 with a production of more than 12tph.

El Salvador anti-trust authority starts investigation into cement sector

22 June 2018, Published under Cement News

The Salvadoran anti-trust authority (SC) has started a study that will evaluate the presence of a quasi-monopoly in the production and sale of cement in El Salvador and how it impacts the construction market. The "Competence in the provision of goods and services for construction: cement, asphalt inputs and heavy machinery" investigation, will be carried out by the consulting company of Argentine origin GPR Economy, and will seek to characterise the economic chain of the domestic constru...

Cemex Latin American Holdings depressed by Colombia

12 February 2018, Published under Cement News

Cemex Latin American Holdings saw turnover decline by 5.5 per cent to US$1315.3m and EBITDA fell by 26.7 per cent to US$310.8m, with the margin coming down from 32.2 to 25 per cent. The trading profit deteriorated by 51.5 per cent to US$151.5m and after a further 0.6 per cent increase in financial expenses to US$63.3m and other items, the pretax profit dropped by 66.2 per cent to US$83.7m. After tax and minorities, the net attributable profit was 67 per cent lower at US$46.1m. The net debt w...

Sika establishes El Salvador subsidiary

13 September 2017, Published under Cement News

Sika is continuing to expand its presence in Central America and is setting up its 99th national subsidiary in El Salvador. The company will thus be represented by its own sales and distribution organisation in the small Central American country with over 6m inhabitants. José Luis Vázquez, Regional Manager Latin America: “Sika already has a strong market position in El Salvador, as we have been supplying the construction sector out of Guatemala for many years. With this new national subsid...

Central American cement trade falls 14% in 9M16

25 April 2017, Published under Cement News

The total value of traded hydraulic cements in Central American countries fell 14 per cent from US$56m to US$48m in the first nine months of 2016, according to CentralAmericaData. Volumes dropped from 0.494Mt in 2015 to 0.426Mt in 2016. In the 9M16 the main exporter of hydraulic cements in Central America was Costa Rica with US$28m, followed by El Salvador (US$12m), Honduras (US$5m), Nicaragua (US$2m) and Guatemala (US$1m). In this period, Nicaragua was the main buyer of interregional...

A fragile but positive outlook

05 December 2016, Published under Cement News

While South America’s cement markets may have been considerably affected by the economic downturn, the Central American countries of Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama are hopeful of a better future. Domestic cement producers are looking for an upturn in cement demand, particularly following recent increases in their production capacities. By Rob Roy, ROI Economic Consulting, USA. In Honduras Argos operates the 1.3Mta Piedras Azules integrated...

LafargeHolcim increases El Salvador investment

19 July 2016, Published under Cement News

LafargeHolcim will invest US$9m to upgrade its production facilities in El Salvador in view of an expected rise in demand. Around US$3m will be spent on 16 projects in its El Ronco works, in Metapán, Santa Ana. The investment will enable the 1.7Mta plant to upgrade its transport areas and improve the flow, order and security at El Ronco. A further US$6m will be used to upgrade production equipment and enable the company to meet the demand generated by the El Chaparral hydroelectric dam, ...