Cement News tagged under: South America

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Pisco for Peru

12 July 2022, Published under Cement News

Caliza Cemento INKA is active in the Peruvian cement and concrete sector and has been supplying the country’s central region with cement since 2007. Now the company is looking forward to bringing its Pisco grinding plant online. ICR speaks with Carlos Choy, Caliza Cemento INKA’s CEO. At Cemento INKA’s Caliza plant, the kiln is currently out of action and the plant only operates 0.5Mta of grinding capacity ICR: How did the founding of the company come about in 2002? And what did...

Chilean cement market contracts 7% in May

08 July 2022, Published under Cement News

Chile’s cement demand declined 6.7 per cent in May 2022 to 330,114t from 353,704t in May 2021, according to the Chilean construction chamber, CChC. When compared with April 2022, the decrease was around 5.4 per cent from 313,101t. In the first five months of 2022 total cement consumption dropped 6.4 per cent YoY to 1,675,216t from 1,789,995t in the January-May 2021 period.

Argentine market expands 15% in June

06 July 2022, Published under Cement News

Argentina’s cement demand increased by 14.8 per cent YoY and one per cent MoM to 1,109,755t, according to the country’s cement association, AFCP. With no cement imports into Argentina, domestic producers supplied this entire demand, as well as 5659t of exports, which were down by 38.5 per cent YoY. January-June 2022 In the January-June 2022 period cement consumption in Argentina increased by 11.5 per cent to 6,094,079t from 5,465,125t in the 1H21. Domestic cement production was up 11...

Colombian cement market expands 35% in May

05 July 2022, Published under Cement News

Grey cement dispatches in Colombia advance by 35.2 per cent to 1.104Mt in May 2022 from 0.816Mt in May 2021, according to the country’s statistics office, DANE. When compared with May 2019 the cement market expanded by 4.6 per cent from 1.055Mt. Bulk sales were up by 41.6 per cent and bagged sales advanced by 32.3 per cent. Market growth was driven by ready-mix concrete companies, which increased their purchases by 51.2 per cent YoY. The retail sector and construction companies/contractors...

Peru’s cement demand sees 5% growth in May

17 June 2022, Published under Cement News

Peruvian cement dispatches saw a five per cent uptick in May 2022 to 1.117Mt from 1.066Mt in May 2021, according to the national cement association, Asocem. Cement output from Asocem member companies reached 1.079Mt in May, up seven per cent YoY from 1.010Mt. Clinker production advanced nine per cent YoY to 0.867Mt in May 2022 from 0.795Mt in May 2021. Cement exports surged 75 per cent YoY to 18,000t from 10,000t in May 2021, but clinker exports were 49 per cent down YoY to 35,000t from ...

Colombia sees 4% increase in cement sales in April

10 June 2022, Published under Cement News

Colombian cement dispatches saw a 3.7 per cent YoY uptick to 1.089Mt in April 2022 from 1.051Mt in April 2021, according to the country’s statistics office, DANE. Of this total bulk sales increased by 12.2 per cent, reflecting the growth in the ready-mix concrete sector, which expanded its offtake by 15.6 per cent YoY. However, construction companies and contractors reduced their purchases by 4.7 per cent while at retail level, sales were down by 1.2 per cent YoY. Output from domestic ce...

Chile’s cement market contracts 16% in May

10 June 2022, Published under Cement News

Cement dispatches in Chile declined by 15.8 per cent YoY to 313,101t in May 2022 when compared with the 371,947t dispatches in May 2021, according to CChC, the Chilean construction chamber. In the first five months of the year, deliveries fell by 6.8 per cent to 1,345,102t from 1,443,458t in the 5M21.

Brazilian cement dispatches slip in May

09 June 2022, Published under Cement News

Cement sales by Brazil’s cement producers slipped by 0.8 per cent to 5.487Mt in May 2022 when compared with 5.529Mt in May 2021, according to SNIC, the Brazilian cement association. Sales have been affected by record-high household indebtedness and reduced household income. The rising interest rate is at 12.75 per cent, making the financing of housing expensive. Political and economic uncertainty are resulting in cautious consumer confidence. Moreover, inflation runs into double-digit figu...

Argentina’s cement market expands by a quarter in May

09 June 2022, Published under Cement News

Cement consumption in Argentina increased by 24.5 per cent to 1,087,998t in May 2022 when compared with May 2021 when 874,188t was sold in the domestic market, according to the country’s cement association, AFCP. MoM an increase of 4.7 per cent was seen. Argentine demand was entirely supplied by domestic cement plants as no imports were reported. The country’s producers increased output by 24.2 per cent YoY and 4.7 per cent MoM to 1,098,484t in May 2022. Of this total, 10,485t were exporte...

CBB sees profit fall by 89% in the 1Q22

01 June 2022, Published under Cement News

In the first quarter of 2022, Chile-based Cementos Bío-Bío (CBB) has reported a 14.4 per cent advance in revenues to CLP77,062m (US$92.8m) from CLP67,373m in the 1Q21, according to Valor Futuro. EBITDA decreased by 10.2 per cent to CLP9619m, which the company attributed to “lower cement shipments and lower profit margins on cement and lime that decreased gross profit. Added to this is the increased cost of distribution, which is partly offset by the income generated from the sale of prop...