Cement News tagged under: South America
Paraguay's construction sector reports cement shortage21 August 2020, Published under Cement NewsConstruction firms in Paraguay are reportedly seeing cement shortages as they face problems with bringing cement into the country, according to Ultima Hora. The state-run cement producer, INC has stated that the cost of cement remains the same and that it increased production and deliveries in August 2020. However, the company can only meet around 60 per cent of domestic demand. Cement prices have reportedly increased to PYG58,000/bag (US$9.83) per bag. In August 2020, INC delivered 60,0... |
Argos recognised as top innovation company21 August 2020, Published under Cement NewsArgos has achieved fourth place from 242 entrants in the annual measurement carried out by the Colombian National Association of Entrepreneurs (ANDI), in alliance with the Dinero Magazine. The accolade places Argos as one of the most innovative companies in Colombia. Among the achievements that Argos has been credited for is the generation of more than 25 per cent of its income from innovation, the start-up of the new clay thermal activation line for the production of green cement, and ... |
Uruguay sees exports rise in the 2Q2020 August 2020, Published under Cement NewsCement sales in Uruguay reached 166,074t in the second quarter of 2020, a 3.9 per cent drop YoY, according to data from the Chamber of Industries. Of the total, 97 per cent were domestic sales and three per cent were exports, mostly to Paraguay. Domestic sales were down 4.1 per cent YoY, but exports climbed 3.9 per cent. |
Peru’s cement market recovers, exports remain low in July14 August 2020, Published under Cement NewsCement dispatches in Peru are recovering from COVID-19 disruption. In July 2020, 0.826Mt of cement was delivered to the domestic market, according to Asocem. While still 5.7 per cent below the July 2019 level of 0.876Mt, when compared with June 2020, there was a 39 per cent surge from 0.594Mt. Cement exports remained modest at 6700t, edging up by 4.4 per cent when compared with June 2020. However, compared with July 2019, when 19,300t was exported, they noted a 65.4 per cent drop. Clinker e... |
InterCement appoint new chairman13 August 2020, Published under Cement NewsInterCement Participações SA reports that Franklin Feder has resigned from the Board of Directors of InterCement after nearly three years and Wilson Nelio Brumer becomes the new chairman of the Board of Directors. Mr Brumer has worked as CEO at Vale, Acesita and Usiminas and brings experience form being on the Board of Directors at BHP Billiton, Cemig, CCR, Direcional Engenharia, Embraer, Localiza, Metso and Fundação Renova. |
Brazil's cement market expands in July but outlook uncertain12 August 2020, Published under Cement NewsCement sales in Brazil increased 18.9 per cent YoY to 5.9Mt, according to the country's cement association, SNIC. Cement sales per working day edged up 2.4 per cent MoM. It follows a recovery first noted in the second quarter of the year following reduced consumption in January and February due to heavy rains and COVID-19 lockdown measures in March. Private self-construction has benefitted from the drive to transform homes into places of work while SMEs have decided to carry out maintenan... |
Loma Negra sees 30% decline in revenue for 2Q2012 August 2020, Published under Cement NewsArgentina’s Loma Negra has announced a 30.1 per cent YoY decline in net revenue to ARS7453m (US$104m) in the second quarter of 2020. Consolidated adjusted EBITDA was also down 24.6 per cent to ARS2077m, while the margin climbed from 25.8 to 27.9 per cent. "Cement demand in Argentina in the second quarter contracted around 32 per cent YoY and around four per cent when compared sequentially with the previous quarter. Taking a closer look on the behaviour of our demand, we observed that the in... |
Argentina reports 14% demand drop in July07 August 2020, Published under Cement NewsIn July 2020 Argentina’s cement market contracted by 13.5 per cent YoY to 865,869t but expanded by 8.5 per cent MoM, according to the country’s cement association, AFCP. The market was entirely supplied by domestic production with no imports reported. Output from Argentina’s cement plants reached 870,835t in July 2020, down 13.2 per cent YoY from 1,003,628t in July 2019. When compared with June 2020, production was up 8.2 per cent. Exports rose 57.2 per cent to 4966t in July 2020 when co... |
InterCement: today and beyond05 August 2020, Published under Cement NewsBrazilian cement major InterCement has built up a substantial international industry portfolio. In light of the latest global developments, Flavio Aidar, CEO of InterCement, shares an insight into the company’s recent performance, including the impact of COVID-19 on operations, updates on its activities in South America and Africa, and future goals. Flavio Aidar, CEO of InterCement ICR: COVID-19 is now a huge challenge facing the world. Are you and your team safe and well? ... |
INC reports record July sales04 August 2020, Published under Cement NewsParaguay-based Industria Nacional de Cemento (INC) has reported a record volume in cement sales at the end of July, reports Agencia de Información Paraguaya. The company sold 1,610,708 bags of cement in July, or an average of 48,500 bags/day. INC President, Ernesto Benítez spoke about the new milestone of 1,610,708 bags sold in a single month. “Not only the best-selling product is pozzolanic, but also masonry and structural cement. Both had a significant rebound," he said. He added the dat... |