Cement demand in Argentina slips in May
The Argentine cement market contracted 1.5 per cent YoY to 1,072,110t in May 2023, according to the country’s cement association, AFCP. In May 2022 domestic consumption reached...
Argentina
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Loma Negra 1Q net profit sees 19% drop
Loma Negra , part of InterCement do Brasil , posted net sales revenues of ARS40,590m (US$197m) in the 1Q23, up 2.9 per cent YoY, on the back of good top line performance of c...
Argentina’s market contracts 1% in April
Cement sales in Argentina fell by one per cent to 1,028,656t in April 2023 from 1,039,320t in April 2022, according to the country’s cement association, AFCP. All cement was su...
Cementos Avellaneda starts Olavarría wind farm
Cementos Avellaneda ( Cementos Molins group ) has announced that it has starting the PECASA wind farm project together with YPF LUZ. This wind farm will supply sustainable ...
Argentine cement consumption up 6% in March
Argentina’s cement market expanded by 6.4 per cent in March 2023 as 1,114,722t of cement were supplied, compared to 1,047,227t in March 2022, according to the country’s cement ...
Holcim Argentina acquires 51% stake in Quitam SA
Holcim Argentina has acquired a 51 per cent stake in paints and liquid membranes producer Quitam SA. According to Holcim, the move is “aligned with the Holcim Group strategy ...
Loma Negra posts 1% uptick in revenue in 2022
Argentina’s Loma Negra has reported a two per cent YoY increase in revenue in the 4Q22 to ARS36,763m (US$215m), mainly driven by a strong performance in the concrete and aggr...
Argentina's cement consumption down 5% in February
The cement market in Argentina contracted by 4.5 per cent YoY and 6.5 per cent MoM to 895,938t in February 2023, according to the country’s cement association, AFCP. In Februar...
Argentina’s cement market expands 9% in January
Argentine cement demand increased by 9.2 per cent YoY and 2.7 per cent MoM to 957,958t in January 2023, according to the country’s cement association, AFCP. The market was en...
Sinoma’s Latin American debut
Loma Negra’s L’Amali Line II project in Argentina is the first EPC project contracted by Sinoma Overseas Development Co Ltd (a subsidiary of CNBM) in South America. Involving t...