Cement News tagged under: South America
Chilean market contraction slows in 3Q05 November 2020, Published under Cement NewsChilean cement dispatches fell 13 per cent to 868,487t in July-September 2020 from 998,291t in the 3Q19, according to the country’s chamber of construction, CChC. The latest data show a deceleration of the drop in consumption experienced in the second quarter of 2020. In the 2Q20 dispatches reached 773,602t, representing a 21.5 per cent decrease when compared with the 2Q19. Deliveries in July declined 25.1 per cent YoY to 233,186t as market contraction slowed from 42.2 per cent in June. Thi... |
Cementos Pacasmayo sees EBITDA rise 8% in 3Q03 November 2020, Published under Cement NewsPeru's Cementos Pacasmayo saw its sales volume of cement, concrete and precast rise 14.2 per cent YoY to 819,700t in the third quarter of 2020, reaching historical record levels, mainly due to a sharp recovery in sales of cement. The company’s consolidated EBITDA also advanced 8.2 per cent to PEN120.6m (US$33.36m) from PEN111.5m in the 3Q19. Overall revenue increased 6.3 per cent YoY to PEN407.4m from PEN383.4m. However, in the first nine months of 2020, the sales volume of cement, concret... |
Cemex exported 9% of Mexican output in 201926 October 2020, Published under Cement NewsCemex exported nine per cent of its Mexican cement sales in 2019. according to CE NAFTA 2.0. The company’s data show that 67 per cent of exports were delivered to US customers while the remaining 33 per cent were shipped to other Latin American countries. Exports were mainly in the form of cement although the company also shipped some clinker. |
Cement price in Paraguay continues to rise21 October 2020, Published under Cement NewsA cement shortage in Paraguay has resulted in another price rise. Bulk CCPII F40 cement, sold by Yguazu Cementos, used in the production of industrial concrete, has seen a 10.7 per cent increase in price since the start of the year and now costs PYG974,000/t (US$138.88), according to ABC Color. In the last few days, INC also announced a price rise to PYG39,800/bag. It cited higher transport costs as primary driver for the price increased. High water levels in the Paraguay river have led to... |
CSN reports cement revenues of BRL259m in 3Q2020 October 2020, Published under Cement NewsCompanhia Siderúrgica Nacional (CSN) reported 3Q20 results for its cement division with net revenue of BRL259m (US$46.2m), up 50 per cent QoQ due to higher sales volumes, which rose by 16 per cent compared to 2Q20. CSN’s cement division achieved an EBITDA record of BRL100m (US$17.8m) in 3Q20. " When it comes to cement, to give you an idea, the market capacity is 100Mt, a theoretical capacity at present the capacity that is available to the market is of 75 and if we analyse the third q... |
Briones sisters sell Bío Bío stake to Gloria Group20 October 2020, Published under Cement NewsAnita and Loreto Briones Goich of ALB SpA have sold their entire 19 per cent stake in Cementos Bío Bío, the cement company founded by their father, Hernán Briones Gorostiaga in 1957. The shares were sold for approximately US$46.8m to the Peruvian Gloria Group. Cementos Bío Bío includes CBB, Inacesa, Ready Mix and Inacal and has a presence in Chile, Argentina and Peru. The sale follows the divestment of shares to Peru-based Unión Andina de Cementos, who purchased 50 per cent of the shares ... |
INC raises cement price16 October 2020, Published under Cement NewsParaguayan cement producer INC has increased the price of a bag of cement by PYG2500 (US$0.42). The company is now selling cement for PYG39,800/bag. The company has attributed the need to increase cement prices due to higher transport costs. The low water level in the Paraguay river has led to the need to use trucks to move raw materials and has also resulted in cement shortages in the country. INC is aiming to maintain supply at 35,000-40,000 bags/day. |
Peru's cement producers see 10% rise in local dispatches in September15 October 2020, Published under Cement NewsCement consumption in Peru remained largely stable at 1.018Mt in September 2020 when compared with August 2020 and increased 10 per cent YoY. Of this total, local dispatches accounted for 1.001Mt, representing a 7.3 per cent rise MoM and a 10.4 per cent increase YoY, according to Asocem, the country’s cement association. Cement production rose 6.7 per cent YoY and three per cent MoM to 1.006Mt in September 2020 while clinker output fell 26.6 per cent YoY but increased 7.4 per cent MoM to 0.... |
Brazil sees robust cement consumption growth in September12 October 2020, Published under Cement NewsCement sales in Brazil saw a 21.4 per cent hike to 5.8Mt in September 2020 when compared with September 2019, according to SNIC, the country’s cement association. Sales per working day were 250,500t, up 18.5 per cent YoY and 2.5 per cent MoM. The key market of the southeast showed a 17 per cent YoY uptake in sales to 2.67Mt while in the northeast, the country’s second-largest cement market, sales were up 30.1 per cent to 1.229Mt. In the south deliveries were up 15.3 per cent YoY to 884,00... |
Argentine cement consumption advances 11% in September07 October 2020, Published under Cement NewsCement demand in Argentina increased 10.5 per cent to 1,037,499t in September 2020, as shown by the monthly report of the country’s cement association, AFCP. This demand was entirely served by domestic producers with no imports recorded. In addition, the country’s cement producers exported 6133t of cement, down 33.6 per cent from 9234t. Total production in Argentina increased 10.1 per cent YoY to 1,043,632t. January-September 2020 However, in the first nine months of the year, cement cons... |