Cement News tagged under: El Salvador

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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, ...

ETAP keeps El Salvador plant running

18 November 2013, Published under Cement News

Holcim's Cement plant in El Salvador continues to deliver impressive operating results, following the implementation of the ETAP Real-Time Intelligent Load Shedding (ILS) system. In the year prior to the deployment of ETAP ILS, the facility experienced 20 power outages. However, over the course of the two-year commissioning and tuning period for the ILS installation, Holcim experienced just one power cut. ETAP was approached by Holcim to provide a solution to a slow and unreliable load-she...

El Salvador records 18.5% drop in cement prices

11 June 2013, Published under Cement News

Cement prices in El Salvador rose by 18.5 per cent YoY to US$8.49 per 42.5kg bag in February 2013, according to CASALCO, the Salvadorian Chamber of the Construction Industry. The rise in cement prices has affected the growth of the construction sector, according to the organisation. “The increase in cement prices has had a direct impact on all construction costs,” said Carlos Guerrero, CASALCO president. Cement consumption in the first three months of 2013 decreased 9.1% to 6506 bags ...