Cement News tagged under: South America
Colombia's cement market contracts 1% in November03 January 2024, Published under Cement NewsCement dispatches in Colombia fell by 1.3 per cent YoY to 1.103Mt in November 2023 from 1.118Mt in the year-ago period, according to the country’s statistics office, DANE. Of this total, the retail sector reported a 2.5 per cent uptick, but ready-mix concrete companies reduced their off take by 4.2 per cent, and deliveries to construction companies and contractors were down by 6.1 per cent YoY. Bulk dispatches decreased by 3.7 per cent YoY while bagged cement deliveries slipped by 0.2 per ... |
Peru’s cement dispatches fall by 9% in November21 December 2023, Published under Cement NewsCement dispatches in Peru declined by nine per cent YoY to 1.063Mt in November 2023 from 1.166Mt in November 2022, according to the country’s cement association, ASOCEM. Of this total, its members dispatched 0.981Mt, down 12 per cent YoY from 1.119Mt. Domestic cement production fell by 11 per cent to 0.988Mt in November 2023 from 1.114Mt in the equivalent month of 2022. Clinker output was down by nine per cent YoY to 0.843Mt from 0.922Mt in November 2022. Cement exports slipped by six per... |
Argentina’s cement market contracts 11% in November20 December 2023, Published under Cement NewsCement consumption in Argentina’s decreased by 10.9 per cent YoY to 1,019,682t in November 2023 from 1,144,123t in November 2022, reports the country’s cement association, AFCP. This includes 1266t of imports. Production fell by 10.8 per cent YoY to 1,026,049t in November 2023 from 1,150,824t in November 2022. Of this total 1,018,416t was dispatched locally and 7633t exported in November 2023. In the year-ago period, local dispatches reached 1,144,123t while exports stood at 6701t. Janu... |
Brazilian cement sales slip 1% in November19 December 2023, Published under Cement NewsCement sales in Brazil slipped 1.3 per cent to 5.25Mt in November 2023 from 5.318Mt in November 2022, according to the Brazilian cement association, SNIC. The southeast, the country’s largest market, saw sales fall by 1.1 per cent to 2.417Mt in November 2023 when compared with the year-ago period, when sales reached 2.443Mt. However, in the northeast deliveries were up 3.2 per cent YoY to 1.102Mt in November 2023 from 1.102Mt in November 2022. The south reported an 8.4 per cent drop to 0.8... |
Colombia's cement market contracts 1% in October08 December 2023, Published under Cement NewsCement dispatches in Colombia slipped 0.8 per cent YoY to 1.114Mt in October 2023 from 1.123Mt in October 2022, reported the country's statistics office, DANE. Of the total October 2023 dispatches, deliveries to construction companies and contractors were down seven per cent YoY, while ready-mix concrete companies reduced their off-take by 3.9 per cent. However, sales to the retail segment picked up by 2.6 per cent YoY. This was also reflected in a 0.6 per cent uptick in bagged sales while... |
Chile's cement producers see 7% drop in October dispatches08 December 2023, Published under Cement NewsChilean cement dispatches declined by 7.1 per cent to 324,460t in October 2023 from 349,388t in October 2022, according to the Chilean construction chamber, CChC. In the first 10 months of 2023, cement dispatches fell nine per cent YoY to 2,902,782t from 3,1919,241t in the 10M22. |
Cemento Polpaico posts 9M23 loss30 November 2023, Published under Cement NewsChile-based Cemento Polpaico reported losses of CLP9016.24m (US$10.4m) in the first nine months of 2023, compared with a profit of CLP3576.95m in the 9M22. The company's revenue improved 4.2 per cent YoY to CLP261,921.45m in the 9M23. EBITDA reached CLP9743.17m in the 9M23 when compared with CLP16,485.72m in the 9M22. "During the third quarter of 2023, a lower dynamism in the construction sector, marked by a significant decrease in the demand for materials, associated to a decrease in th... |
Cement dispatches in Peru contract 9% in October16 November 2023, Published under Cement NewsCement dispatches in Peru declined by nine per cent YoY to 1.082Mt in October 2023 from 1.189Mt in October 2022, according to Asocem, the country's cement association. Of this total, Asocem members dispatched 1.004Mt, representing a 13 per cent decrease when compared with October 2022. Cement production from domestic cement plants was down 12.6 per cent to 1.023Mt from 1.171Mt. Clinker production fell 13.8 per cent to 0.777Mt when compared with 0.901Mt in the previous-year period. Cement e... |
Brazil's cement market contracts 2% in October13 November 2023, Published under Cement NewsCement sales in Brazil declined by 2.1 per cent to 5.257Mt in October 2023 when compared with October 2022, when sales reached 5.368Mt, according to the Brazilian cement association, SNIC. The southeast, the largest market, saw sales contract by 2.9 per cent YoY to 2.382Mt in October 2023 from 2.453Mt in the year-ago period while in the northeast sales slipped by 0.9 per cent YoY to 1.092Mt from 1.102Mt. Sales in the south fell by 3.7 per cent YoY to 0.851Mt in October 2023 from 0.88Mt. Th... |
Votorantim Cimentos posts 36% profit growth in 3Q2310 November 2023, Published under Cement NewsVotorantim Cimentos has posted revenue of BRL7.4bn (US$1.51bn) in the third quarter of 2023, down three per cent compared to the same period a year earlier. The decline has been attributed to “market dynamics and the negative impact of the appreciation of the Real.” Net profit over the three-month period came in at BRL824m, marking a 36 per cent increase YoY. Cement sales in the 3Q23 stood at 10.3Mt, a one per cent uptick on the same period in 2022. Consolidated adjusted EBITDA reached... |