Molins reports 1Q25 revenue of EUR48m
Molins has reported its first quarter 2025 results. Net profit reached EUR48m, six per cent lower than the same period of the previous year. This decrease is mainly due to the u...
Argentina
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InterCement bankruptcy proceedings and 2024 financial results
InterCement Participações SA has informed the market that on 1 April 2025, the US Bankruptcy Court for the Southern District of New York entered an order granting recognition of...
Argentina's cement market expands 17% in March
Cement consumption in Argentina increased by 16.7 per cent YoY to 740,205t in March 2025 from 634,342t in March 2024, according to the country’s cement association, AFCP. When c...
Holcim accelerates Argentina expansion
“With this acquisition, we continue to expand our value proposition to offer comprehensive construction solutions. We are no longer just a cement company, but a provider of solu...
Argentina's cement market expands 8% in February
Cement consumption in Argentina saw a 7.5 per cent increase to 735,330t in February 2025 when compared with February 2024 when demand reached 683,899t, according to the country'...
Loma Negra improves environmental performance in 2024
Argentinian cement producer Loma Negra improved its sustainability indicators in 2024 as it produced close to 5Mt of cement with 31 per cent less water and 0.9Mt less CO 2 emiss...
Loma Negra sees sharp rise in 2024 net profit
Loma Negra posted a net revenue of ARS174.2m (US$170m), down 19.5 per cent YoY as the company posted its fourth-quarter results. Revenue from cement, masonry and lime sales fell...
Molins records a net profit of EUR184m in FY24
Molins has released its fourth quarter and full-year 2024 results. Net profit in 2024 reached a record level of EUR184m (US$191.4m), 22 per cent higher than the previous year. I...
Argentina’s government simplifies cement import and production rules
The government of Argentina has approved simplifying the rules for the import and production of cement to encourage competition and lower prices by reducing bureaucracy, reports...
Argentina's cement market expands 8% in January
Argentina's cement demand increased by 8.4 per cent YoY to 831,703t in January 2025 from 767,263t in January 2024, according to the country’s cement association, AFCP. Of this t...