Cement News tagged under: El Salvador

RSS feed

Cement prices in El Salvador increase in May

07 June 2021, Published under Cement News

The price of a 42.5kg bag of cement in El Salvador, delivered ex-works increased by four per cent to US$7.87 in May 2021 when compared with May 2020, when the ex-work price stood at US$7.57/bag – a price level it held until April 2021. At retail level, prices rose 1.5 per cent YoY from US$8.53 per 42.5kg bag in May 2020 to US$8.66/bag in May 2021. Since the start of 2021 retail prices have steadily risen from US$8.36/bag in January to US$8.40 in April 2021.

El Salvador market contracts 8% in 10M20

15 February 2021, Published under Cement News

Apparent cement consumption in El Salvador in the January-October 2020 period declined 8.3 per cent to 25,558,640 bags of 42.5kg, or 1.086Mt, according to the country’s construction chamber, CASALCO. In the equivalent period of 2019, apparent consumption reached 27,881,320 bags or 1.185Mt. The ex-works price of cement remained stable in December 2020 at US$7.57/42.5kg bag but at retail level the price for bagged cement edged up 1.2 per cent YoY and 0.2 per cent MoM to US$8.41/bag

Cemex Latam Holdings records net sales decline of 8% in 3Q20

29 October 2020, Published under Cement News

Cemex Latam Holdings announced that its consolidated net sales declined by eight per cent in 3Q20 and EBITDA improved by 19 per cent compared to 3Q19. A controlling interest net loss of US$109m was recorded during the 3Q20. Operating EBITDA in Colombia reached US$28m, 59 per cent higher on a like-to-like basis compared to 3Q19. Net sales rose by one per cent to US$115m on a like-to-like basis compared to 3Q19. In Panama operating EBITDA reached US$1m up 54 per cent compared with 3Q19. ...

Central America’s resilience

17 August 2020, Published under Cement News

The markets of Honduras, Panama, Guatemala, Belize, El Salvador, Nicaragua and Costa Rica will have to show fresh resilience in the resultant aftermath of COVID-19. Dependent on tourism and overseas remittances, central government funds will have been hit hard and economic recovery may be a protracted struggle. While Guatemala is home to Central America’s largest cement production base, accounting for 5.8Mta of capacity, it has seen imports rise in recent years like elsewhere in th...

Holcim El Salvador sets record production figures in 2019

06 March 2020, Published under Cement News

Holcim El Salvador produced over 1.2Mt of cement and 710,000Mm 3 of concrete in 2019, representing record production figures, and plans to maintain this positive performance in 2020. The company also co-processed around 26,000t of waste in 2019, up from 20,000t in the previous year. Elsewhere, Holcim is also considering reopening its Maya cement plant, which was closed in 2008 due to low domestic demand. These plans would require an investment of US$20m. In the meantime, the company is ...

Cement prices in El Salvador largely stable in 2019

12 February 2020, Published under Cement News

The ex-works cement price in El Salvador remained unchanged at US$7.57/42.5kg bag, reports the country’s construction chamber, Casalco. The retail price of a 42.5kg bag of cement increased from US$8.28 in January to peak at US$8.45 in June but then slipped to US$8.32 in August to a new high of US$8.37 in October. It closed the year at US$8.31, resulting in an average price of US$8.38 for the year.

Salvadoran cement market expands 13% in 10M19

11 February 2020, Published under Cement News

Apparent cement consumption in El Salvador increased 12.8 per cent YoY to 1,184,956t in 10M19 from  to 1,050,846t in the first 10 months of 2018, according to Casalco, the country’s construction chamber. In October alone, apparent cement consumption surged 23.5 per cent to 104,989t from 85,017t in October 2018. Cement prices in October reached US$7.57/bag of 42.5kg at the factory gate while on a retail level this was US$8.37/bag, including VAT.

Cement price in El Salvador continues to slip

23 September 2019, Published under Cement News

While the ex-works cement price in El Salvador has remained stable at US$7.57/42.5kg bag in August, on a retail level the cement price is now at US$8.32/bag, according to the CIEC-CASALCO, the El Salvadoran construction chamber. This represents a one per cent slip from US$8.39/bag in June, when the retail price similarly from US$8.45/bag.

High prices in El Salvador attract new entrants

13 September 2019, Published under Cement News

This week CemNet reported on the new 120,000tpa grinding plant under construction in Acajutla, El Salvador, by Cemento Regional, the Guatemala-based Monterrey group, which is due to be completed by December 2019. This is the first significant challenge to Holcim El Salvador, which currently serves the 0.9Mta domestic cement market. Earlier this year, Cemengal (Spain) supplied the new Cemento Regional Co facility with a 12tph Plug & Grind modular plant. Roberto Díaz Durán, president of Cem...

Retail cement price in El Salvador fell in August

12 September 2019, Published under Cement News

The price for a 42.5kg bag of cement sold by retailers in San Salvador, El Salvador, fell to US$8.32/bag in August, according to Casalco, the country’s construction chamber. The drop represents the second-consecutive month of declining cement prices. In July and June, the price for a bag of cement was US$8.39 and US$8.45, respectively, after edging up from US$8.42 in May. Meanwhile, the ex-works cement price has remained stable at US$7.57/bag.