Cement News tagged under: South America

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Brazilian cement demand sees 15% hike in October

12 November 2020, Published under Cement News

Brazil’s cement market expanded 14.5 per cent YoY in October 2020 with demand at 6Mt, according to the country’s cement association, SNIC. The southeast, the country’s largest market, saw sales increased by 9.4 per cent YoY to 2.702Mt in October, while in the northeast deliveries advanced 16.3 per cent to 1.275Mt. In the south 0.987Mt of cement was delivered, up 21.6 per cent. The central-west market expanded 18 per cent to 0.702Mt. In the north, the country’s smallest market, sales increa...

Loma Negra reports surge in net profit for the 3Q20

11 November 2020, Published under Cement News

Argentina’s Loma Negra has seen its net revenue decrease 4.5 per cent YoY to ARS10.756bn (US$143m) in the third quarter of 2020, compared with ARS11.26bn in the year-ago period. However, adjusted EBITDA advanced 11.6 per cent to ARS3.389bn from ARS3.037bn in the 3Q19. The company’s net profit surged to ARS6.449bn from ARS83m in the corresponding period of 2019. Sales volumes of cement, masonry and lime in Argentina increased 2.9 per cent to 1.53Mt during the quarter, reflecting a sustai...

Holcim contracts YPF as fuel supplier

11 November 2020, Published under Cement News

YPF signed an agreement to supply natural gas and petcoke to Holcim’s plants in Malagueño (Córdoba), Campana (Buenos Aires province), Capdeville (Mendoza) and Puesto Viejo (Jujuy), Argentina. The duration of the agreement is two years and will supply all of Holcim Argentina’s natural gas and petcoke supplies, according to CE Noticias Financieras. In 2019 Holcim signed an agreement with YPF Luz with the latter supplying wind power from the Los Teros facility in Azul, Buenos Aires province. ...

LafargeHolcim restarts Pedro Leopoldo kiln lines

09 November 2020, Published under Cement News

After four years, LafargeHolcim has restarted the two kiln lines at its Pedro Leopoldo plant in Brazil. The work to resume the kiln Line 1 involved more than 100 professionals from various areas and were completed within the goals of time, quality, financial resource.   The Pedro Leopoldo cement plant has a cement capacity of 2.2Mta and is situated in Minas Gerais, Brazil.  

Bolivian market contracts 33% YoY in August

09 November 2020, Published under Cement News

Cement 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 pandemic

06 November 2020, Published under Cement News

Brazil'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 October

06 November 2020, Published under Cement News

Argentina’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 September

05 November 2020, Published under Cement News

Cement 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 3Q

05 November 2020, Published under Cement News

Chilean 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 3Q

03 November 2020, Published under Cement News

Peru'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...