Cement News tagged under: Latin America

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Votorantim's regional results rise in 2020

09 April 2021, Published under Cement News

According to the National Cement Association (SNIC) cement sales in Brazil grew 11 per cent YoY in 2020, which also boosted the recovery of prices in the local market. The growth was driven by changes in consumption patterns in the country during the pandemic that led to an increase in civil construction, by the emergency aid granted by the federal government, and by low interest rates, which also resulted in the recovery of the real estate market.   Votorantim Cimentos’ net revenue...

Argos launches Soluciones Verdes

18 March 2021, Published under Cement News

Argos officially launched its Green Solutions portfolio 'Soluciones Verdes' following a webinar on 17 March. The Colombian cement producer outlined how it will produce more environmentally-friendly products and services building towards a more sustainable future. The initiative aims to provide actions, products and services to reduce carbon emissions, adapting to natural phenomena, contributing to the circular economy and promoting well-being and comfort solutions.  Green cement will be a...

Argos signs COP160bn ESG-linked performance loan with BBVA

15 March 2021, Published under Cement News

BBVA and Argos (Grupo Argos) signed a long-term financing agreement through a sustainable loan in an ESG-linked format for COP160bn (US$44.8m) where the loan includes a pricing adjustment mechanism that links the interest rate to the company’s ESG performance. This transaction is the first of its kind in Colombia and constitutes Grupo Argos' debut in sustainable financing. The loan granted by BBVA in Colombia to Cementos Argos includes an adjustment mechanism through which the int...

Puerto Rican cement sales up 41% in January

03 March 2021, Published under Cement News

Puerto Rican cement sales surged 41 per cent YoY to 51,164t in January 2021, according to Sin Comillas. Cement sales in the country have been rising sharply for nine months. In 2020 deliveries advanced 2.8 per cent to 588,400t when compared with 2019. However, cement output from domestic cement plants dropped 33.2 per cent to 23,493t in January – the sixth-consecutive fall. In 2020 production fell 14.6 per cent YoY.

Cachapuz Bilanciai Group wins L'Amali order

22 February 2021, Published under Cement News

SLV Cement, Cachapuz's IT Logistics solution for the cement sector will be implemented at the Loma Negra L' Amalí cement plant. This solution has already been implemented in the factories of Lomaser and Olavarria. Cachapuz is proud to be a partner of Loma Negra, an InterCement Group company, taking part in its digital evolution and growth

Cemex Maceo plant has environmental licence modified

17 February 2021, Published under Cement News

The Regional Autonomous Corporation of Antioquia has notified Cemex Colombia that the modification of the environmental licence of the Maceo plant in Antioquia has been approved. This will allow the extraction of 990,000t of materials (clay and limestone) and the production of up to 1.5Mta of cement. This authorisation will enable the possibility of starting operations, the construction of the access road to the plant, the completion of pending actions of the project and the commissioning o...

Cemex Latam Holdings announces 4Q20 EBITDA fall of 1%

12 February 2021, Published under Cement News

Cemex Latam Holdings SA reported that the company's consolidated net sales and EBITDA in the 4Q20 fell by three and one per cent, respectively, compared to the 4Q19.  Jesús González, CEO of Cemex Latam Holdings, commented: "I am proud of how the organisation responded to the challenge of the sudden arrival of COVID-19 in our footprint. We reacted quickly and forcefully to a highly uncertain situation, prioritising the safety of our employees and customers while ensuring business con...

UNTHA waste shredder in operation for Geocycle Argentina

21 December 2020, Published under Cement News

An UNTHA XR3000C mobile shredder is now in operation at Geocycle’s co-processing facility in Córdoba, Argentina. Geocycle (LafargeHolcim group) is now transforming 100tpd of waste into a high-grade alternative fuel for use within the company’s cement kiln only 5km away. Plans are already underway to double fuel production volumes by the end of the 1Q21. The single shaft UNTHA XR is handling a wide range of input materials collected from a 100km radius. Waste materials being processe...

Cemex España increases ownership in Cemex Latam Holdings

17 December 2020, Published under Cement News

Cemex España SA is increasing its shareholdings in Cemex Latam Holdings SA (CLH), which is listed on the Colombian stock exchange, from 73.16 per cent to 92.6 per cent of CLH's paid and outstanding shares. This completes the tender offer made by Cemex España for all outstanding ordinary shares in CLH directed to all shareholders at a purchase price of COP3250 (US$0.95) per ordinary share. 108,337,613 ordinary shares were validated in the tender offer for an aggregate amount of COP352bn ...

Cemex's climate action strategy

04 December 2020, Published under Cement News

Cemex hosted its Climate Action webinar on Thursday 3 December 2020. It included an outline of how Cemex was looking to achieve its 2030 roadmap to reduce CO 2 emissions and the company's 2050 ambition to deliver net-zero concrete globally. The panel discussion is the first of several such forums the company aims to host as it commits to the challenge of taking on climate action. "In September 2020, Cemex launched its medium term strategy 'Operation Resilience' in which sustainability as...