InterCement sees EBITDA rise 6% YoY in 3Q24
InterCement Participações SA reported EBITDA growth of six per cent YoY in the 3Q24, on the back of margin recovery in Brazil taking into account the sale of the African oper...
Argentina
318 posts · Page 5 of 32
Argentina’s cement market contracts 15% in November
Total cement consumption in Argentina dropped by 14.7 per cent YoY to 870,091t in November 2024 from 1,019,879t in November 2023, according to AFCP, the country’s cement associ...
Sale of Loma Negra on track to be completed
Loma Negra , Argentina, moves closer to a new Brazilian owner. The sale of Loma Negra has added a new chapter and seems to be more on track to completion. The Argentinean comp...
Loma Negra posts 9% drop in 3Q net profit
Loma Negra reported a net sales revenue of ARS180,686m (US$185m) in the third quarter of 2024, down 21.2 per cent YoY due to a 21 per cent drop in sales volumes of the compan...
Argentina's cement market contracts by 20% in October
Cement consumption in Argentina dropped 19.9 per cent YoY and 1.3 per cent MoM in October 2024 to 901,222t from 1,125,075t in October 2023, reported the country’s cement associ...
Argentina’s cement consumption down 18% in September
Cement demand in Argentina has fallen 18.4 per cent YoY to 912,689t in September 2024 from 1,118,070t, reports AFCP. This includes 429t of imports. Domestic production declin...
CSN looks to buy InterCement's Loma Negra
InterCement Participações , the indirect controlling shareholder of the cement producer Loma Negra in Argentina, agreed to a new exclusivity period in favour of Companhia Si...
InterCement Participações SA files restructuring plan to Brazilian courts
InterCement Participações SA (InterCement) has submitted a restructuring plan together with its subsidiaries, InterCement Brasil SA, InterCement Financial Operations BV, In...
Argentina's cement market contracts by 26% in August
Cement dispatches in Argentina fell by 26.4 per cent YoY and 2.7 per cent MoM to 888,745t in August 2024 from 1,208,153t and 913,317t, respectively, according to the country's ...
Negotiations for Loma Negra sale continue despite expiration exclusivity
The potential sale of Loma Negra to CSN has entered a new phase after the exclusivity term to negotiate a deal expired on 12 August after an automatic renewal but has not...