Fitch: Latin America 2017 outlook stable
According to a new Fitch Ratings report, the 2017 Latin American cement outlook for both ratings and the sector is stable. Associate Director at Fitch Ratings, Gilberto Gonz...
Argentina
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Camargo Correa in talks to sell stake in Argentinian cement assets
Reuters reports that an anonymous source has disclosed that Brazilian engineering firm Camargo Correa has opened talks with a view to selling a 40 per cent stake in its Argenti...
Argentina sees 1.6 per cent drop in domestic cement dispatches
Argentina’s cement market decreased 8.8 per cent MoM and 1.6 per cent YoY to 1,007,207t in November 2016, according to the country’s cement association, AFCP. In addition, a...
Argentinian cement demand falls 17.9% YoY in October
Argentina’s cement market contracted 17.9 per cent YoY and 7.1 per cent MoM in October 2016 as 925,678t (from 1,128,015t in October 2015) of cement were delivered to domestic c...
Argentina sees fall in domestic and export demand
In September 2016 Argentina’s cement plants dispatched 1,003,457t of cement, including exports, which represents a MoM fall of 4.1 per cent and a YoY drop of 11.1 per cent, ac...
Argentina reports upturn in cement demand in August
Cement dispatches in Argentina increased by 6.7 per cent YoY in August, according to preliminary figures published by the Argentine cement association, AFCP. The domestic marke...
Cimpor takes massive provisions in Brazil
Cimpor's first-half turnover dropped by 31.1 per cent to EUR897.3m, while EBITDA declined by 39.1 per cent to EUR170.1m. The amortisation and provision charge jumped from EUR10...
Cementos Avellaneda to invest in Canuelas logistics centre
Argentina’s Cementos Avellaneda will invest in a logistics centre in Canuelas. The company, which is a joint venture between Votorantim Cimentos and Cementos Molins, acquired a...
Argentina's cement demand down 20.7%
In July Argentina's cement demand fell 20.7 per cent YoY from 1,069,622t in July 2015 to 847,684t and slipped 1.1 per cent from the 857,525t recorded in June, according to the ...
Argentina: domestic demand down 19% in June 2016
Argentina’s cement demand contracted 18.8 per cent YoY in June 2016 to 857,525t from 1,055,434t in June 2015 and by 2.7 per cent MoM from 881,663t in May 2016, according to dat...