Cement News tagged under: South America
Fancesa changes sales policy30 June 2021, Published under Cement NewsBolivian cement producer Fancesa is changing its sales policy. The company will no longer sell exclusively through its authorised agencies, according to Correo del Sur. At present, almost all of the company’s sales in Sucre, Potosí and Tarija are made through authorised agencies. In Santa Cruz, Fancesa cement is sold through the company, agencies and hardware stores while in La Paz, El Alto and Oruro sales are made directly by the cement company. In the so-called “free sale of ceme... |
New Guyana cement plant breaks ground25 June 2021, Published under Cement NewsGuyanese-owned energy company, Vas Energy Inc and its subsidiary, Georgetown Cement Co broke ground on a US$100m state-of-the-art cement plant at La Resource, Essequibo Coast, in Region Two. Chief Executive Officer (CEO) of Go-Invest, Dr Peter Ramsaroop, said Guyana's economy is currently booming and there are countless investment opportunities that are available. According to Dr Ramsaroop, the anticipated infrastructural boom in Guyana will create a high demand for cement. He told the ga... |
Peru’s cement demand sees 228% hike in May18 June 2021, Published under Cement NewsPeruvian cement producers dispatched 1.062Mt of cement in May 2021, representing a 228 per cent increase YoY from a low base due to the COVID-19 pandemic. When compared with May 2019 there was a 14 per cent advance. Asocem members dispatched 0.98Mt of cement in May 2021, up 283 per cent YoY and up by 15 per cent when compared with May 2019. Cement production surged 228 per cent YoY to 1.062Mt in May 2021 from a low base of 0.324Mt in May 2020. Asocem members produced 1.01Mt of cement in Ma... |
ECEBOL officially restarts operations16 June 2021, Published under Cement NewsState-run Empresa Pública Productiva Cementos de Bolivia (ECEBOL) has officially restarted its operations in Caracollo, Oruro, with an investment of BOB58m (US$8.39m). "This restart of operations of our plant not only ratifies our desire for the reactivation of the Oruro economy, but also of the national economy, because the quality of the cement that we are going to produce here and that we were producing in ECEBOL is of the highest quality," said the country’s president, Luis Arce. T... |
Brazilian market expands 14% in May11 June 2021, Published under Cement NewsCement sales in Brazil advanced 13.6 per cent YoY to 5.465Mt in May 2021 from a low base of 4.809Mt in May 2020, reported the country’s cement association, SNIC. Real estate work continues to drive the market as well as residential and commercial renovations. The drop in interest rates, simplification and reduction of bureaucracy and new credit lines have supported the purchase of real estate in the country. However, cuts in the federal government budgets, particularly in terms of infrastr... |
CSN Cimento is closing in on Brazilian plant acquisition10 June 2021, Published under Cement NewsBrazilian steelmaker CSN is in talks to acquire Cimento Elizabeth for roughly US$250m, the Valor Economico newspaper reports. CSN confirmed the negotiations, without disclosing further detail, according to Reuters. CSN Cimento operates one integrated plant and one grinding unit in Brazil with a total cement capacity of 4.4Mta. The company is also planning a new 3Mta integrated works in Paraná. The Cimento Elizabeth unit is a 1.1Mta integrated cement facility in Alhandra, Par... |
Chile’s cement market expands 32% in April10 June 2021, Published under Cement NewsCement dispatches in Chile saw a 31.5 per cent hike to 352,817t in April 2021 when compared with 268,319t in April 2020, according to the Chilean Chamber of Construction, CChC. When compared with March 2021 they declined by 8.4 per cent. In the January-April 2021 period total dispatches increased 12.6 per cent to 1,436,291t from the 4M20, when deliveries were at 1,276,105t. |
Fancesa considers lowering prices09 June 2021, Published under Cement NewsBolivia-based Fancesa is looking to lower prices to improve its sales and is changing its selling practices. "Our cement is the most expensive in the entire national territory," said the Governor Damián Condori after the extraordinary shareholders' meeting that was held yesterday at the company's offices. This does not allow Fancesa to be more competitive, particularly not during the COVID-19 pandemic, he added. “In our city just, El Puente, cement is at BOB41 [US$5.95]. Our cement is at B... |
Argentina's cement market expands 35% YoY in May08 June 2021, Published under Cement NewsCement consumption in Argentina declined 7.8 per cent MoM to 874,187t in May 2021 but surged 34.8 per cent YoY from 648,543t in May 2020, according to AFCP, the national cement association. Market demand was entirely supplied by domestic cement plants, which produced 884,204t of cement in May 2021. This represents a 35.4 per cent advance YoY from 653,116t but a 7.5 per cent drop MoM from 955,508t. In addition to supplying the Argentine market, 10,027t of cement was exported in May 2021, u... |
Colombian demand more than triples in April04 June 2021, Published under Cement NewsColombia’s grey cement market expanded by 333.5 per cent in April 2021 as demand reached 1.051Mt, according to the country’s statistics agency, DANE. In April 2020 consumption fell to 242,400t as demand contracted sharply due to the COVID-19 pandemic. Domestic cement production quadrupled to 1.236Mt in April 2021 from a low base of 198,900t in April 2020 when the industry was affected by the pandemic. January-April 2021 Cement consumption in the first four months of 2021 rebounded to 4.... |