Cement News tagged under: South America

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Cemex reports 10% rise in 4Q20 cement volumes

12 February 2021, Published under Cement News

Cemex  S AB de CV reports that in the 4Q20 EBITDA grew by double-digit growth YoY. Consolidated net sales increased by nine per cent to US$3.537bn, an increase of one per cent for the full year of 2020 when compared with 2019. Operating EBITDA rose 19 per cent in the 4Q20 to US$644m. Operating EBITDA margin rose by 1.2 percentage points to 18.2 per cent. Foreign debt declined by US$1027m in 2020. "2020 was one of the most challenging years we have faced but itv was also a remarkable ye...

Bolivian cement demand advances 21% in November

05 February 2021, Published under Cement News

The Bolivian cement market expanded by 20.9 per cent to 342,743t in November 2020 from 283,404t in November 2019, according to the country’s statistics institute, INE. However, MoM there was a 10.5 per cent decline from 382,944t in October 2020. Cement production in Bolivia surged by 77.3 per cent to 361,363t in November 2020 from 203,779t in November 2019. When compared with the previous month, output slipped 7.4 per cent from 390,321t.

Argentina's cement market expands 20% in January

04 February 2021, Published under Cement News

Cement demand in Argentina increased 20.1 per cent to 895,559t in January 2021 when compared with January 2020, when demand reached 745,681t, according to the country’s cement association, AFCP. The requirement of the market was entirely met by domestic production, which saw a 19.2 per cent rise YoY to 903,756t in the first month of the year. In January 2020 output stood at 758,095t. However, exports declined 34.1 per cent from 12,414t in January 2020 to 8197t one year later.

Chile’s cement dispatches down 7% in 2020

03 February 2021, Published under Cement News

Chilean cement deliveries increased by 14 per cent YoY to 389,488t in November 2020 from 341,721t in the equivalent month in 2019. This was followed by a 7.7 per cent uptick in December 2020 when dispatches rose to 364,925t from 338,720t in December 2019, according to the Chilean construction chamber, CChC. However, full-year data show a seven per cent decline in cement deliveries in the South American country with total dispatches at 3,796,976t, down from 4,081,896t in 2019. YoY losses pe...

Cbb makes 2025 growth plan

20 January 2021, Published under Cement News

Chile-based Cbb looks forward to 2025 with optimism, said the company’s Corporate General Manager, Enrique Elsaca Hirmas, after a year that saw the impact of the coronavirus pandemic. In the first nine months of 2020, Cbb’s revenues fell 14 per cent YoY to CLP168.986bn (US$229.2m) but while full-year figures are expected to show a decline, this will be below the 9M20 drop. In addition, the company is completing the implementation of the current US$150m Transforma 2021 plan. A total of US...

Peru cement market expands 12% YoY in December

18 January 2021, Published under Cement News

Domestic dispatches in Peru increased 12 per cent YoY from 0.979Mt in December 2019 to 1.098Mt in December 2020, according to the country’s cement association, Asocem. Cement production advanced 18 per cent YoY in December 2020 as Asocem members produced 1.077Mt of cement. Output in December 2019 was 0.916Mt. Cement exports in December 2020 fell 36 per cent YoY to 12,000t from 19,000t in December 2019, but clinker exports surged from 33,000t in December 2019 to 105,000t in December 2020....

Cement sales in Brazil advance 17% in December

14 January 2021, Published under Cement News

Cement sales in Brazil totalled 4.7Mt, up 16.6 per cent YoY, according to the National Union of the Cement Industry (SNIC). However, per working day, sales declined 13.2 per cent to 208,400t when compared with the previous month. SNIC attributes the fall to uncertainties in the economy and civil construction in 2021. The domestic market saw a 16.6 per cent rise to 4.689Mt while exports advanced 55.6 per cent to 28,000t in December 2020 when compared with December 2019. Full-year 2020 dem...

Bolivian cement market expands 1% in October

13 January 2021, Published under Cement News

Cement consumption in Bolivia edged up 0.8 per cent YoY to 382,944t in October 2020 from 379,781t in October 2019, according to Bolivia’s national statistics agency, INE. In the country’s largest market, La Paz, demand rose 12.1 per cent YoY to 101,185t while in Cochabamba, offtake was 2.9 per cent up YoY to 97,911t. Santa Cruz, the third-largest market, saw a 16.8 per cent YoY increase to 89,955t. Cement demand in Potosi advanced 1.7 per cent to 15,888t when compared with October 2019, but ...

Argentine cement consumption surges 33% in December

11 January 2021, Published under Cement News

Cement demand in Argentina has seen a 33.3 per cent rise to 976,939t in December 2020 from 732,734t in December 2019, according to AFCP, the country’s cement association. The national market requirement was wholly met by domestic producers, who also exported 16,837t in December, representing an increase of 16.8 per cent when compared with exports of 11,342t in December 2019. 2020 demand and supply Domestic consumption for the full-year 2020 declined 11.5 per cent YoY to 9.741Mt when comp...

Colombian cement consumption up 4% in November

06 January 2021, Published under Cement News

The Colombian cement market expanded 3.6 per cent to 1.122Mt in November 2020 when compared with 1.083Mt in November 2019, according to the country’s statistics office, DANE. Retail sales were up 7.1 per cent YoY while construction companies and contractors increased their offtake by 9.4 per cent. However, sales to readymix companies declined by 12.6 per cent YoY. Grey cement production increased 9.1 per cent YoY to 1.214Mt in November 2020. January-November 2020 In the January-Novembe...