Cement News tagged under: South America
Peru’s cement market contracts 2% in November16 December 2022, Published under Cement NewsCement dispatches in Peru declined by two per cent in November 2022 to 1.167Mt from 1.185Mt in November 2021, reports domestic cement association, Asocem. Of this total, 1.119Mt were dispatched by Asocem members, who saw their deliveries slip by one per cent YoY. Cement production from Peruvian cement plants was down four per cent to 1.114Mt in November 2022 from 1.157Mt in November 2021. Clinker output edged up by one per cent YoY to 0.922Mt in November 2022. Cement exports fell by 45 pe... |
Brazil's cement market contracts 1% in November14 December 2022, Published under Cement NewsCement sales in Brazil slipped 0.8 per cent YoY to 5.3Mt in November 2022, according to the Brazilian cement association, SNIC. In the January-November 2022 period sales declined by 2.5 per cent YoY to 58.5Mt. In its monthly summary of the country’s construction industry, SNIC also highlighted that real estate financing remains challenged by the higher Selic rate of 13.75 per cent, shifting investment towards financial assets. Real estate launches continues to fall by 8.5 per cent until... |
Colombia’s cement dispatches up 5% in 10M2214 December 2022, Published under Cement NewsCement dispatches in the Colombian market decreased by 2.4 per cent to 1.123Mt in October 2022 from 1.15Mt in the year-ago period, according to the country’s statistics office, DANE. Of this total bulk sales saw a 4.3 per cent increase but bagged cement sales were down by 5.4 per cent YoY in October 2022. Sales to ready-mix companies increased by 9.9 per cent YoY in November 2022, but the off-take by construction companies and contractors, and the retail sector declined by 7.7 and 5.4 per... |
Cement demand in Argentina up 9% in 11M2213 December 2022, Published under Cement NewsCement consumption in Argentina saw a 0.2 per cent uptick in November 2022 to 1,144,153t when compared with November 2022, when the market absorbed 1,142,127t, according to the country’s cement association, AFCP. Domestic demand was entirely served by local cement producers, who dispatched 1,151,660t, up 0.1 per cent YoY from 1,150,124t. This included 7507t of exports, down 6.1 per cent when compared with 7997t exported in November 2021. January-November 2022 Argentine cement consumpti... |
Winning carbon reduction strategies06 December 2022, Published under Cement NewsAt its Santa Rosa plant in Colombia, CEMEX is harnessing the plant’s proximity to suppliers of alternative raw materials and hydropower sources to reduce the clinker factor in its cement and impact positively on carbon reduction targets. By CEMEX, Colombia. Thanks to its strategic location, CEMEX’s Santa Rosa plant in Colombia can tap alternative sources of raw materials and energy to reduce its carbon footprint The world seems to have just about enough clinker. Every day mor... |
Votorantim Cimentos announces stricter emissions target02 December 2022, Published under Cement NewsVotorantim Cimentos has revised its decarbonisation target to 475kg of CO 2 per tonne of cement by 2030. The company’s new global target is 8.7 per cent lower than the target of 520kg of CO 2 per tonne of cement previously announced as part of its 2030 Sustainability Commitments. The new Scope 1 target, which refers to CO 2 emissions generated directly by company operations, was approved by the SBTi (Science Based Target initiative) and represents a reduction of 24.8 per cent compar... |
Empresas Melón to close Peñalolén plant30 November 2022, Published under Cement NewsChile-based Empresas Melón has announced the closure of its ready-mix concrete plant in Peñalolén, near Santiago. The company, owned by the Brescia group, attributes the closure to the downturn in the construction market. “Mélon is adjusting its operations in metropolitan areas to adapt to the new market conditions forecast for 2023, particularly in the construction sector,” the company said. Following the closure of the plant, which will see the dismissal of 54 staff, its customers will... |
InterCement posts 17% sales increase in 3Q2223 November 2022, Published under Cement NewsInterCement has reported cement and clinker sales of 5.494Mt in the third quarter of 2022, up 1.2 per cent on the same quarter a year earlier (3Q21: 5.428Mt). Total sales over the 3Q22 advanced by 16.5 per cent YoY to US$492m, driven mainly by a solid volume performance in Argentina and healthy pricing across all locations. Total EBITDA improved by 2.7 per cent YoY from US$122m in the 3Q21 to US$126m in the 3Q22, while adjusted EBITDA was up 2.1 per cent from US$127m to US$130m. Cost pr... |
Brazil’s cement sales see slight dip in October18 November 2022, Published under Cement NewsCement sales in Brazil slipped 0.6 per cent to 5.356Mt in October 2022 when compared to October 2021 when sales reached 5.387Mt, according to the country’s cement association, SNIC. While sales in the largest market, the southeast, advanced by 2.8 per cent YoY in October 2022 to 2.456Mt from 2.389Mt, the northeast saw a 6.4 per cent drop in deliveries to 1.087Mt YoY from 1.161Mt. In the south, sales were down by 1.9 per cent YoY to 0.884Mt from 0.901Mt and the north by 6.1 per cent to 0.26... |
Chile’s cement demand falls 13% in September15 November 2022, Published under Cement NewsCement consumption in Chile declined by 12.5 per cent YoY to 292,714t in September 2022 from 334,603t in the year-ago period, according to the CChC, the Chilean construction chamber. In the January-September 2022, demand contracted by 11.6 per cent to 2,841,853t from 3,214,352t in the 9M21. |