Cement News tagged under: South America
Colombian cement market contracts 8% in June03 August 2020, Published under Cement NewsColombian cement dispatches fell 7.6 per cent to 0.905Mt in June 2020 when compared with 0.979Mt in June 2019, according to data provided by the country’s statistical office, DANE. Sales of bagged cement fell 3.1 per cent YoY while bulk cement deliveries were down 16.8 per cent in June 2020. Ready-mix concrete companies reduced their offtake by 22.4 per cent YoY while deliveries to building companies and contractors fell by 12.6 per cent. The retail sector reported a sales increase of one ... |
Cemex sales decline by 10% in 2Q2028 July 2020, Published under Cement NewsCemex reported significant disruption from COVID-19 in 2Q20. Sales declined by 10 per cent YoY and EBITDA fell by six per cent to US$554m. These decreases were attributed to lockdown measures. The decline in quarterly consolidated net sales was due to lower volumes for the company's three core products in almost all regions. The USA was the one exception with cement volumes growing six per cent. Net operating earnings before other expenses decreased 17 per cent to US$279m on a like-for-li... |
Holcim Argentina appoints new commercial director17 July 2020, Published under Cement NewsHolcim Argentina has named Victor Mariaca as new commercial director. Mr Mariaca held previously commercial positions within Holcim, including regional commercial manager. He has also led commercial development at Grupo Herdez and Clorox in Mexico. "I am very happy to assume this new position, I hope I can contribute my experience to help the company achieve its objectives in this great country," said Mr Mariaca, who is Mexican and has a degree in Marketing from the Institute of Technolo... |
Argos delivers masks and biosafety kits17 July 2020, Published under Cement NewsArgos has been delivering 23,000 face masks to construction and hardware customers throughout Colombia as well as biosafety kits to business customers. The biosafety kits consist of thermometers and floor charts, for social distancing, and a digital application to monitor health conditions at points of sale to prevent the spread of COVID-19. "At Argos we have the firm intention of being the best allies to our customers," said Tomás Restrepo, vice president of Argos Colombia region. |
Peruvian cement market expands in June14 July 2020, Published under Cement NewsWhile cement demand in Peru rebounded in June 2020 to 678,000t when compared with 298,000t sold in May 2020, it remained 26.1 per cent below demand reported in June 2019 as the impact of the coronavirus pandemic continue to be felt, according to the country’s cement association, Asocem. Cement output improved significantly to 611,000t in June 2020, representing an advance of 131.8 per cent when compared with May 2020, when output stood at 263,000t. However, it remained 29.6 per cent below ... |
Brazilian cement demand up 24% in June08 July 2020, Published under Cement NewsCement sales in Brazil rose 24.2 per cent YoY in June 2020. Domestic offtake reached 5.2Mt in June, according to the country’s cement association, SNIC. In the first half of 2020, sales advanced by 3.6 per cent YoY to 26.9Mt. “COVID-19 caused several changes in our lives, habits, and priorities. The crisis showed the cement industry that taking care of the house and using savings and investments for small reforms, something very popular in the 80s, are back in the household budget," SNIC Pr... |
Peru's cement demand to recover in 2H08 July 2020, Published under Cement NewsScotiabank forecasts a recovery in Peruvian cement consumption with 3Q demand expected to be close to 2Mt, double the demand reported in 2Q. "We estimate that domestic cement consumption has exceeded 500,000t in June, the highest level in the last three months, but still notably less than 984,000t in June 2019," predicts Scotiabank. However, consumption in 3Q20 should remain 30 per cent below the level noted in 3Q19. "While we expect cement consumption to continue its gradual recovery dur... |
Bolivian cement demand falls 34% in 4M2006 July 2020, Published under Cement NewsCement consumption in Bolivia has declined 34.2 per cent YoY in the 4M20 as a result of the quarantine imposed due to the COVID-19 pandemic, according to the Bolivian statistics agency, INE. Total consumption in the January-April 2020 period reached 787,586t. In January demand was 10.2 per cent YoY to 303,589t while in February consumption fell 11.3 per cent YoY to 262,895t. However, on 22 March the Bolivian imposed a 14-day lockdown, which was extended to 30 April and again to 11 May. As ... |
Argos makes top 5 in FTSE4Good World Index for corporate governance in construction sector03 July 2020, Published under Cement NewsArgos has been chosen as one of the top five companies in the world in the construction materials sector with the best corporate governance, environmental and social management practices, by the FTSE4Good World Index. "We are very proud to receive this recognition that highlights our teamwork and the great achievements we have obtained as a company in managing sustainability and creating value," said Maria Isabel Echeverri, legal and sustainability vice president at Argos. |
Work on Potosí to resume01 July 2020, Published under Cement NewsConstruction work on the new state-owned Potosí cement works in Bolivia will resume in July, according to House of Representatives member Gonzalo Barrientos. "In July, the works of the Potosí cement factory will restart, which is part of the economic reactivation measures. In five months, the project for provisional delivery will be completed," said Mr Barrientos. Pending resources will be transferred to the company in charge of project implementation so the work can be resumed. In addi... |