Cement News tagged under: latin america

RSS feed

Colombian market grows 14.7% in May

30 June 2014, Published under Cement News

Dispatches and output of cement in Colombia rose by 14.7 and 15.3 per cent, respectively in May, according to domestic statistics office, Dane. May deliveries reached 1.034Mt while production rose to 1.071Mt. Sales in Norte de Santander lead the market expansion, rising by 46.3 per cent, followed by Cundinamarca (30 per cent), Atlántico (23.8 per cent), Antioquia (20 per cent) and Bogotá (15 per cent). In the year to date, sales have increased 12.2 per cent to 4.772Mt while production r...

Colombian April demand increases 4.3%

04 June 2014, Published under Cement News

The Colombian cement market expanded by 4.3 per cent YoY in April 2014 as 0.957Mt were delivered to domestic customers, according to the latest report from national statistics office, Dane. Major dispatch growth was noted in Norte de Santander (35.3 per cent), Huila (18 per cent), Bolívar (10.3 per cent) and Antioquia (6.5 per cent). Córdoba’s cement consumption fell by 30.1 per cent. Grey cement production reached 1.0289Mt in April, registering a 15.9 per cent YoY increase. The rise has...

Colombia’s 2013 grey cement production reaches 11.2Mta

27 May 2014, Published under Cement News

Around 11.2Mta of grey cement was produced in Colombia in 2013, mainly due to a boost in the market from social housing construction, according to DANE, the national statistics office. “It was a very good year in dispatches and production, driven by buildings and infrastructure,” said Sandra Forero Ramirez, president of the Colombian Chamber of Construction (Camacol). In addition, the retail channel also pushed figures up as housing and self-construction improved. Of the principal cem...

Brazilian monthly cement sales rise 4.9% YoY

19 May 2014, Published under Cement News

Brazilian cement sales in April 2014 climbed by 4.9 per cent YoY to 5.9Mt, preliminary data and market estimates gathered by Sindicato Nacional da Industria do Cimento (SNIC) reveal. During January - April 2014, sales totalled 22.8Mt, a 3.3 per cent rise compared to the first four months of last year. Accumulated cement sales for the 12 months between May 2013 - April 2014 reached 70.7Mt, expanding by three per cent compared to the same period of the previous year (May 2012 - April 2013).

Colombia’s cement producers raise output by 16% in March 2014

02 May 2014, Published under Cement News

Colombia’s cement production rose in March 2014 by 16 per cent, particularly in Cundinamarca (+35 per cent), Antioquia (+33.3 per cent), Bogotá (+22 per cent) and Valle del Cauca (+26 per cent). These latest advances in output see first-quarter 2014 cement production increase by 9.8 per cent, underlining previous expectations that the construction sector is contributing significantly to the country’s economic growth.

Holcim's results boosted by mild winter in Europe

28 April 2014, Published under Cement News

Holcim's first quarter turnover declined by 5.4 per cent to CHF4,088m (€3,342m), but on a like-for-like basis, there was a 7.8 per cent increase while measured in euros the turnover was off by five per cent.  The operating EBITDA declined by 5.1 per cent to CHF617m (€504m), but this represents an underlying increase of 10.1 per cent. The trading profit increased by 9.3 per cent to CHF295m (€241m), while the net attributable profit dropped by 57.5 per cent to CHF80m (€65m), as last year's ...

Cemento Melón cuts investments to US$15m due to 10% sales decline

23 April 2014, Published under Cement News

Chile’s Cemento Melón has seen sales drop by 10 per cent in the first quarter of 2014. "Earlier this year we estimated that we would at least maintain 2013 sales, but in the first quarter the market fell about 10 per cent, and we saw sales drop by a similar number," Jorge Eugenin, the company’s CEO, said. In addition, as the cement industry is nearly 100 per cent dollarised, the depreciation of the Chilean peso has also impacted profit margins as costs jumped. In terms of investments m...

Brazil’s first quarter sales rise 6.4% YoY

18 April 2014, Published under Cement News

Brazil’s first quarter sales rose 6.4 per cent YoY to 17.1Mt, preliminary data from SNIC shows. Sales in March reached 5.6Mt, representing YoY growth of 1.9 per cent compared to the same month of 2013. Cumulative sales for the last 12 moths (April 2013 – March 2014) rose by 4.3 per cent against the comparative period  of the previous year (April 12 – March 2013).

Cemex delivers 640 new homes as part of Colombian affordable housing initiative

17 April 2014, Published under Cement News

Cemex announced Tuesday that it has completed 640 apartments in Colombia as part of a 3000-unit urbanisation project being undertaken by the company in collaboration with the country's government. The full project comprises 3,000 apartments divided into 96 towers of four stories each. The complexes will include recreational and green areas. The paving for the complex will be done with concrete also provided by Cemex. Colombian Housing Minister Luis Felipe Henao was present to inaugurate th...

Peru: market expands 1.35% in 1Q14

16 April 2014, Published under Cement News

In March, the Peruvian cement market remained broadly stable from 815,317t in February to 814,495t, according to domestic cement association, Asocem.   Output from local producers increased 1.4 per cent from 832,275t the previous month to 844,301t and exports rose 8.1 per cent from 15,349t in February to 16,599t. Between Jan-Mar 2014, cement shipments in Peru totalled 2,453,948t, a YoY increase of 1.35 per cent. Production in the first quarter of 2014 reached 2,501,997t, slipping b...