Cement News tagged under: Latin America
FLSmidth establishes Colombian office19 February 2014, Published under Cement NewsFLSmidth is expanding its operations on the Colombian market through the establishment of a new office in the city of Barranquilla in the northern part of the country. “The new office that opened on 1 January 2014 will bring FLSmidth even closer to its customers on the Colombian market and strengthen the local service offerings,” FLSmidth said in a statement. The company also added that over the last decade, the Colombian economy has been on an upward spiral due to improvement in the secu... |
Brazil Jan cement sales rise 6.8% YoY12 February 2014, Published under Cement NewsPreliminary data and market estimates show that Brazilian cement sales increased by 6.8 per cent in January 2014 to 5.9Mt, latest data from local cement association SNIC shows. Sales for the 12 months between February 2013 – January 2013 totaled 79.4Mt, representing an increase of 2.5 per cent compared to the comparative period of the previous year (February 2012 – January 2013). |
Cemex LatAm Holdings sees improved profitability in most markets06 February 2014, Published under Cement NewsCemex Latin American Holdings (CLH) has reported 10 per cent increase in turnover for 2013 against the pro-forma numbers for the previous year and improved profitability was seen in most of Cemex LatAm's markets. EBITDA increased by 16 per cent driven by higher volumes, along with lower maintenance and fuel costs and lower distribution expenses, compared to pro forma 2012. EBITDA margins increased by 1.8 percentage points reaching 36.2 per cent, compared to 2012. The increased profitabil... |
December profit but full-year deficit remains for INC27 January 2014, Published under Cement NewsParaguay’s Industria Nacional de Cemento (INC) grossed PYG4bn (US$860,080) in December, according to its president, Jorge Mendez. It is the third-consecutive month that the cement producer returns a positive balance and the company attributes it to the implemented financial and commercial measures. However, while in the October-December period, profits reached PYG7.435bn, for the full-year 2013, the company remains in deficit at PYG20bn. The state-owned cement producer has a current o... |
Brazilian cement sales seen reaching 70Mt in 201317 January 2014, Published under Cement NewsBrazilian cement sales in during December 2013 remained stagnant at 5.1Mt compared to the same month of the previous year, latest data from local association SNIC shows. In the final quarter of 2013, sales increased by 2.7 per cent. In the first, second and third quarters sales increased by two, 4.4 and 4.2 per cent respectively. These preliminary results indicate that for 2013, sales by domestic producers into the market were 70Mt compared to 68.3Mt the year before, a rise of 2.3 per cent. |
Peru market expands at slower rate15 January 2014, Published under Cement NewsCement dispatches in Peru increased 7.45 per cent YoY to 9,408,853t between January and November 2013, according to the its cement association Asocem. The latest figures confirm a cooling trend as dispatches in October increased 8.23 per cent and January-November 2012 showed a rise of 16.6 per cent. Full-year growth is expected to be around nine per cent, significantly lower than the 15.4 per cent reported at the end of 2012. However, according to Maximixe analyst Pablo Otero, the contin... |
Colombia: market expands 6.9% in November02 January 2014, Published under Cement NewsGrey cement production in Colombia during November 2013 totalled 1.02Mt, a 9.6 per cent increase when compared with the same month of the previous year. In addition, the domestic cement market expanded by 6.9 per cent to 978,000t. This was less than the 14 per cent consumption growth noted in October. Norte de Santander saw a 38.5 per cent rise, the largest in the country, followed by Antioquia (+13.7 per cent), Bolívar (+19.5 per cent) and Cundinamarca (+8.6 per cent). On the other ha... |
Peru’s Jan-Nov demand advances 7.5% YoY02 January 2014, Published under Cement NewsCement dispatches in Peru fell from 939,135t in October to 896,600t in November. However, the country’s cement companies produced 920,636t, up from 916,774t the previous month and cement exports rose from 18,090t to 23,236t during the period. For January to November, Peruvian cement demand increased by 7.45 per cent YoY to 9,408,853t while exports rose 5.33 per cent to 182,427t. Around 9,598,552t of cement was produced, an advance of 6.9 per cent when compared with Jan-Nov 2012. |
Ecuador cement sales continue upward trend11 December 2013, Published under Cement NewsEcuador cement sales continued their upward trend in November, rising by 5.9 per cent YoY, latest statistics from local cement association, Inecyc, show. During November 2013 sales reached 594,814t compared to 561,534t in the same month of 2012. For the year to-date, sales were ahead by 9.8 per cent reaching 6.043Mt over Jan-November 2013, against the 5.504Mt recorded in the comparative period of last year. |
Loma Negra to proceed with San Juan plant02 December 2013, Published under Cement NewsLoma Negra has Loma Negra approved the construction of a new cement plant in San Juan, according to the Argentine cement producer’s manager, Osvaldo Schütz. While the company had shelved the project, which was to start this year, following the strong protest of the local Pocito population, Mr Schütz said the plant would be built but did not specify the exact location. Construction on the 2000tpd works would start in 2014 and take 30 months to build. Loma Negra is Argentina’s leading c... |