Cement News tagged under: South America
Bolivian cement market expands 6% in 10M2216 January 2023, Published under Cement NewsBolivia’s cement sales increased by 5.6 per cent YoY to 3.1Mt in the January-October 2022 period, according to the country’s National Institute of Statistics (INE). In the 10M21 demand reached 2.9Mt. “Speaking of annual values, in 2019 it [sales] closed with 3,956,990t. In 2020 with just 3,031,190t,” said Marcelo Alfaro, general manager of the Bolivian Institute of Cement and Concrete (IBCH). In terms of cement sales, 2019 was a record year. “In 2021 with 3,613,144t and it is estimated th... |
Brazilian cement consumption down 3% in 202213 January 2023, Published under Cement NewsDomestic cement sales in Brazil saw a 6.3 per cent decline to 4.467Mt in December 2022 when compared with December 2021 when sales reached 4.766Mt, according to the country’s cement association, SNIC. SNIC attributes the drop to higher inflation rates, leading the central bank to increase the Selic rate to 13.75 per cent, making real estate financing more expensive and encouraging migration to investments in financial products. As a result, the real estate sector showed a significant drop ... |
Sinoma’s Latin American debut09 January 2023, Published under Cement NewsLoma Negra’s L’Amali Line II project in Argentina is the first EPC project contracted by Sinoma Overseas Development Co Ltd (a subsidiary of CNBM) in South America. Involving the successful integration of international and local expertise, performance results after the first year of operation have exceeded guarantee values. By Sinoma Overseas Development Co Ltd, China. Sinoma Overseas Development Co’s scope for the 5800tpd L’Amali Line II project spanned the complete cement product... |
Fancesa suspends deliveries to Santa Cruz09 January 2023, Published under Cement NewsBolivian cement producer Fábrica Nacional de Cemento SA (Fancesa) has suspended deliveries to Santa Cruz due to blockades and mobilisations following the arrest of Governor Luis Fernando Camacho, according to Correo del Sur. The conflict, which has seen clashes with police and blockages, has severely challenged the company’s ability to supply cement to the local market. "Given the permanent blockades and mobilisations that prevent the normal transit of motorised vehicles, bound for Santa... |
Argentina’s cement market expands 7% in 202206 January 2023, Published under Cement NewsCement demand in Argentina fell by nine per cent to 932,661t in December 2022 from 1,144,123t in December 2021, reports the country’s cement association, AFCP. When compared with the previous month, the December volume sold dropped 18.5 per cent. All cement was supplied by domestic producers and there were no imports. Argentine cement plants produced 936,893t in December 2022, representing a YoY decline of 9.4 per cent and a MoM decrease of 18.6 per cent. Of this total, exports accounted f... |
Unacem acquires Termochilca05 January 2023, Published under Cement NewsPeruvian cement and concrete producer Unacem , through its subsidiary Celepsa, has bought electricity generator Termochilca. Termochilca operates the US$300m, 300MW combined cycle thermal power plant in Santo Domingo, Chilca. The completion of the acquisition is subject to the receipt and acceptance of certain conditions and signature of legal documents. Upon completion, further information will be available to investors. |
Colombian cement market contracts 4% in November03 January 2023, Published under Cement NewsGrey cement consumption in Colombia declined by 4.2 per cent in November 2022 to 1.118Mt from 1.167Mt in November 2021, according to the country’s statistics office, DANE. While bulk dispatches increased by 3.7 per cent, bagged cement deliveries were down 7.7 per cent YoY in November 2022. Sales to the ready-mix concrete sector increased by 19.4 per cent YoY while retail sales were up by 1.2 per cent YoY in November 2022. However, construction companies and contractors reduced their off tak... |
Yura achieves 3Mt sales milestone03 January 2023, Published under Cement NewsPeru-based Cemento Yura SA has reached the 3Mt sales mark for the first time in its 56-year history, reports Asocem, the country’s cement association. The company attributes its success to its staff and customers as well as strategic partners such as Rationalización Empresarial Raciemsa, Concretos Supermix and Cal y Cement Sur – all part of Yura’s parent company, Grupo Gloria . “At Yura we are very proud to dispatch 3Mt because those three million tons have turned into many millions of d... |
Shinagawa Refractories agrees Brazilian refractory deal28 December 2022, Published under Cement NewsShinagawa Refractories Co Ltd (Shinagawa) has agreed with Saint-Gobain SA to complete the acquisition of the Brazilian Refractories business and the Alumina-based Wear-Resistant Ceramics business in the United States from Saint-Gobain SA on 29 December 2022. The acquisition of the Brazilian Refractories Business represents a natural extension of Shinagawa’s longstanding collaboration with Saint-Gobain in Brazil, whereby Shinagawa has been supplying technology for the manufacture of iron and... |
Chile's cement demand contracts 15% in October19 December 2022, Published under Cement NewsCement demand in Chile has dropped by 15 per cent to 348,665t in October 2022, according to the Chilean Chamber of Construction (CChC). In October 2021 cement demand reached 410,424t. In the January-October period, demand fell by 12 per cent YoY to 3,190,518t from 3,624,776t in the 10M21. |