Cement News tagged under: South America
Bolivian market contracts 33% YoY in August09 November 2020, Published under Cement NewsCement consumption in Bolivia edged up 7.4 per cent MoM from 231,662t in July 2020 to 248,852t in August 2020, according to the country’s statistics agency, INE. When compared with August 2019, demand fell 32.7 per cent from 369,520t. Cement production in domestic cement plants slipped 2.6 per cent MoM from 256,231t in July 2020 to 249,579t in August. When compared with August 2019, the drop was 30.4 per cent from 358,461t. |
Brazil extends its recovery in spite of pandemic06 November 2020, Published under Cement NewsBrazil's cement market has seen a dramatic change in recent years with growth leading to a record production of 72.5Mt in 2014. However, this was followed by the country's biggest economic slump that has since been compounded by the outbreak of the COVID-19 pandemic. With corruption in the construction sector, currency devaluation and a drop in cement demand, Brazil's cement sector has had to revitalise itself. Flávio Guimaräes, economist at Brazil's cement association, Sindicato Nacional da... |
Argentina’s cement market expands 13% in October06 November 2020, Published under Cement NewsArgentina’s cement consumption picked up by 12.7 per cent YoY in October 2020 as it increased to 1,070,118t (October 2019: 948,931t), according to the country’s cement association, AFCP. The domestic cement requirement was entirely met by Argentine cement plants. In addition, these exported 15,122t of cement, up 50.9 per cent YoY from 10,019t in October 2019. January-October 2020 However, in the first 10 months of 2020 the cement market contracted 18.4 per cent YoY to 7.672Mt from 9.39... |
Colombian cement consumption up 5% in September05 November 2020, Published under Cement NewsCement dispatches in Colombia increased to 1.131Mt in September 2020, up 4.9 per cent from 1.078Mt in September 2019, according to DANE, the national statistics office. Output from the country’s cement plants was up 4.9 per cent to 1.148Mt when compared with September 2019, when production reached 1.094Mt. January-September 2020 Dispatches in the first nine months of 2020 reached 7.889Mt, down 14.6 per cent YoY from 9.242Mt. Domestic production declined 13.6 per cent YoY to 8.268Mt fro... |
Chilean market contraction slows in 3Q05 November 2020, Published under Cement NewsChilean cement dispatches fell 13 per cent to 868,487t in July-September 2020 from 998,291t in the 3Q19, according to the country’s chamber of construction, CChC. The latest data show a deceleration of the drop in consumption experienced in the second quarter of 2020. In the 2Q20 dispatches reached 773,602t, representing a 21.5 per cent decrease when compared with the 2Q19. Deliveries in July declined 25.1 per cent YoY to 233,186t as market contraction slowed from 42.2 per cent in June. Thi... |
Cementos Pacasmayo sees EBITDA rise 8% in 3Q03 November 2020, Published under Cement NewsPeru's Cementos Pacasmayo saw its sales volume of cement, concrete and precast rise 14.2 per cent YoY to 819,700t in the third quarter of 2020, reaching historical record levels, mainly due to a sharp recovery in sales of cement. The company’s consolidated EBITDA also advanced 8.2 per cent to PEN120.6m (US$33.36m) from PEN111.5m in the 3Q19. Overall revenue increased 6.3 per cent YoY to PEN407.4m from PEN383.4m. However, in the first nine months of 2020, the sales volume of cement, concret... |
Cemex exported 9% of Mexican output in 201926 October 2020, Published under Cement NewsCemex exported nine per cent of its Mexican cement sales in 2019. according to CE NAFTA 2.0. The company’s data show that 67 per cent of exports were delivered to US customers while the remaining 33 per cent were shipped to other Latin American countries. Exports were mainly in the form of cement although the company also shipped some clinker. |
Cement price in Paraguay continues to rise21 October 2020, Published under Cement NewsA cement shortage in Paraguay has resulted in another price rise. Bulk CCPII F40 cement, sold by Yguazu Cementos, used in the production of industrial concrete, has seen a 10.7 per cent increase in price since the start of the year and now costs PYG974,000/t (US$138.88), according to ABC Color. In the last few days, INC also announced a price rise to PYG39,800/bag. It cited higher transport costs as primary driver for the price increased. High water levels in the Paraguay river have led to... |
CSN reports cement revenues of BRL259m in 3Q2020 October 2020, Published under Cement NewsCompanhia Siderúrgica Nacional (CSN) reported 3Q20 results for its cement division with net revenue of BRL259m (US$46.2m), up 50 per cent QoQ due to higher sales volumes, which rose by 16 per cent compared to 2Q20. CSN’s cement division achieved an EBITDA record of BRL100m (US$17.8m) in 3Q20. " When it comes to cement, to give you an idea, the market capacity is 100Mt, a theoretical capacity at present the capacity that is available to the market is of 75 and if we analyse the third q... |
Briones sisters sell Bío Bío stake to Gloria Group20 October 2020, Published under Cement NewsAnita and Loreto Briones Goich of ALB SpA have sold their entire 19 per cent stake in Cementos Bío Bío, the cement company founded by their father, Hernán Briones Gorostiaga in 1957. The shares were sold for approximately US$46.8m to the Peruvian Gloria Group. Cementos Bío Bío includes CBB, Inacesa, Ready Mix and Inacal and has a presence in Chile, Argentina and Peru. The sale follows the divestment of shares to Peru-based Unión Andina de Cementos, who purchased 50 per cent of the shares ... |