Cement News tagged under: South America

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Argos delivers masks and biosafety kits

17 July 2020, Published under Cement News

Argos has been delivering 23,000 face masks to construction and hardware customers throughout Colombia as well as biosafety kits to business customers. The biosafety kits consist of thermometers and floor charts, for social distancing, and a digital application to monitor health conditions at points of sale to prevent the spread of COVID-19. "At Argos we have the firm intention of being the best allies to our customers," said Tomás Restrepo, vice president of Argos Colombia region.

Peruvian cement market expands in June

14 July 2020, Published under Cement News

While cement demand in Peru rebounded in June 2020 to 678,000t when compared with 298,000t sold in May 2020, it remained 26.1 per cent below demand reported in June 2019 as the impact of the coronavirus pandemic continue to be felt, according to the country’s cement association, Asocem. Cement output improved significantly to 611,000t in June 2020, representing an advance of 131.8 per cent when compared with May 2020, when output stood at 263,000t. However, it remained 29.6 per cent below ...

Brazilian cement demand up 24% in June

08 July 2020, Published under Cement News

Cement sales in Brazil rose 24.2 per cent YoY in June 2020. Domestic offtake reached 5.2Mt in June, according to the country’s cement association, SNIC. In the first half of 2020, sales advanced by 3.6 per cent YoY to 26.9Mt. “COVID-19 caused several changes in our lives, habits, and priorities. The crisis showed the cement industry that taking care of the house and using savings and investments for small reforms, something very popular in the 80s, are back in the household budget," SNIC Pr...

Peru's cement demand to recover in 2H

08 July 2020, Published under Cement News

Scotiabank forecasts a recovery in Peruvian cement consumption with 3Q demand expected to be close to 2Mt, double the demand reported in 2Q. "We estimate that domestic cement consumption has exceeded 500,000t in June, the highest level in the last three months, but still notably less than 984,000t in June 2019," predicts Scotiabank. However, consumption in 3Q20 should remain 30 per cent below the level noted in 3Q19. "While we expect cement consumption to continue its gradual recovery dur...

Bolivian cement demand falls 34% in 4M20

06 July 2020, Published under Cement News

Cement consumption in Bolivia has declined 34.2 per cent YoY in the 4M20 as a result of the quarantine imposed due to the COVID-19 pandemic, according to the Bolivian statistics agency, INE. Total consumption in the January-April 2020 period reached 787,586t. In January demand was 10.2 per cent YoY to 303,589t while in February consumption fell 11.3 per cent YoY to 262,895t. However, on 22 March the Bolivian imposed a 14-day lockdown, which was extended to 30 April and again to 11 May. As ...

Argos makes top 5 in FTSE4Good World Index for corporate governance in construction sector

03 July 2020, Published under Cement News

Argos has been chosen as one of the top five companies in the world in the construction materials sector with the best corporate governance, environmental and social management practices, by the FTSE4Good World Index. "We are very proud to receive this recognition that highlights our teamwork and the great achievements we have obtained as a company in managing sustainability and creating value," said Maria Isabel Echeverri, legal and sustainability vice president at Argos.

Work on Potosí to resume

01 July 2020, Published under Cement News

Construction work on the new state-owned Potosí cement works in Bolivia will resume in July, according to House of Representatives member Gonzalo Barrientos. "In July, the works of the Potosí cement factory will restart, which is part of the economic reactivation measures. In five months, the project for provisional delivery will be completed," said Mr Barrientos. Pending resources will be transferred to the company in charge of project implementation so the work can be resumed. In addi...

Paraguay’s INC ensures cement supply for public works

17 June 2020, Published under Cement News

Paraguay’s Industria Nacional de Cemento (INC) is guaranteeing the supply of cement to public works during the COVID-19 health emergency, reports the official news agency, Agencia de Información Paraguaya (AIP). In March and April 2020 it sold 1,392,612 bags of cement, with a daily production of 50,000 bags, or around 2500tpd. At present, the company is on track to supply the market with 0.6Mta. INC head, Ernesto Benítez, told AIP that the company plans to ensure the requirement of public ...

Peru’s cement demand plummets by 69% in May

16 June 2020, Published under Cement News

Cement consumption in Peru fell by 69.1 per cent YoY to 298,300t in May 2020, according to the country’s cement association, Asocem. Cement production fell by 70 per cent to 263,000t in May 2020 when compared with May 2019 but recovered considerably when compared with April 2020 when COVID-19 impacted operations at the country’s cement plants. Clinker output fell 93.9 per cent YoY to 46,000t. Domestic production was supplemented in May 2020 by 32,000t of cement imports, down 35.1 per cen...

Chilean cement demand down 23% in April

12 June 2020, Published under Cement News

Cement consumption in Chile contracted by 22.9 per cent YoY to 268,319t in April 2020 from 348,151t in April 2019, according to the Chilean construction chamber, CChC. In the January-April 2020 period, demand for cement in the South American country declined 10.7 per cent YoY to 1,276,105t. In the 4M19, 1,428,225t of cement was sold on the domestic market.