Cement News tagged under: South America
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.... |
Cecon plant to enter service in August 202204 June 2021, Published under Cement NewsCementos Concepción (Cecon) in Paraguay has completed around 70 per cent of the civil engineering works at its new plant, according to Esmerk Latin American News. The 1.03Mta plant is located in Concepción, San Lázaro, south of Vallemí. The US$200m project is expected to start production in August 2022. |
Bolivian cement market expands 51% in March03 June 2021, Published under Cement NewsCement consumption in Bolivia reached 290,525t in March 2021, up 50.8 per cent when compared with 192,670t in March 2020, according the country’s national statistics office, INE. Output from Bolivia’s cement plants increased 38.1 per cent from 215,629t in March 2020 to 297,744t in March 2021. January-March 2021 In the first three months of 2021 cement demand slipped 1.4 per cent to 748,860t from 759,184t in the year-ago period. Production reached 760,679t in the 1Q21, down 11.4 per c... |
Holcim Argentina inaugurates US$120m new line20 May 2021, Published under Cement NewsHolcim Argentina has inaugurated a new line at its Malagueño plant in Cordoba, following an investment of around US$120m. The project included the construction of a new kiln line, a state-of-the-art vertical roller mill and a dispatch centre. The new clinker production line will increase capacity by 512,000tpa or 45 per cent. The new mill also adds an additional 630,000t, taking total plant capacity to 4.7Mta. "The new line is a big bet on the domestic market and responds to the growing n... |
Chile’s cement demand increases 12% in March19 May 2021, Published under Cement NewsChilean cement consumption saw a 12 per cent YoY hike to 385,276t in March 2021 when compared with March 2020, when demand reached 344,098t, according to the Chilean Chamber of Construction (CChC). When compared with February 2021, consumption edged up by 9.5 per cent. In the first quarter of 2021 demand was up 7.5 per cent to 1.083Mt, compared with 1.008Mt in the 1Q20, which had seen a 6.7 per cent drop vs 1Q19. |
Cement dispatches from Peru rise to 0.985Mt in April18 May 2021, Published under Cement NewsCement dispatches from Peru in April surged to 0.985Mt in April 2021 from a low base of 0.011Mt in April 2020 when the country was affected by the COVID-19 pandemic, according to the country’s cement association, Asocem. When compared with April 2019, dispatches were up by 16 per cent. Cement production from domestic cement plants advanced to 0.973Mt in April 2021 from 0.010Mt in April 2020. When compared with April 2019, output rose by 20 per cent. Clinker output reached 0.48Mt, down 40 p... |
Brazil's SNIC urges short-term caution with sunnier outlook from 202218 May 2021, Published under Cement NewsCommenting on the latest consumption data of the Brazilian cement market, the country’s cement association, SNIC cautioned against too much optimism for 2021: “The cuts in the federal government budget, mainly in activities such as infrastructure and housing programmes such as Casa Verde Amarela, macroeconomic instability, exchange rate devaluation, inflation, rising unemployment, the slow pace of vaccination and the loss of the wage bill come reducing optimism and further increasing the unc... |
Brazil's cement sales up 27% in April17 May 2021, Published under Cement NewsBrazilian cement sales surged 26.5 per cent YoY to 5.3Mt in April, according to the domestic cement association, SNIC. Domestic sales Sales within Brazil saw a 25.8 per cent uptick to 5.219Mt in April 2021 from 4.148Mt in the equivalent period of 2020. The volume of cement sales per working day increased 8.2 per cent MoM and 25.8 per cent YoY to 237,200t. However, the considerable rise is due to a low base in the equivalent period of 2020, which saw the worst performance of the year as s... |
Loma Negra posts 35% revenue surge14 May 2021, Published under Cement NewsArgentina’s Loma Negra has seen its net revenue surge 35.4 per cent YoY to ARS13,175m (US$143m) in the first quarter of 2021, against ARS9734m in the year-ago period, mainly on the back of strong results from its cement segment. Consolidated EBITDA advanced 49.6 per cent YoY to ARS4730m, while its margin climbed to 35.7 per cent from 32.3 per cent. Net profit was up 104.4 per cent from ARS1256m to ARS2568m. "We started the year in a very good shape, with a solid operating cashflow generat... |