Ecuador monthly cement sales update
Ecuador cement sales registered a double-digit monthly decline during November 2014, latest data from Ecuador cement association Inecyc shows. Sales during November were down by...
Ecuador
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US$125m CAF loan signed for Guayaquil project
Holcim Ecuador SA has signed a loan contract for US$125m with the Latin American development bank, CAF. The funds will finance the modernisation of Holcim’s Guayaquil plant.
UNACEM completes Ecuador acquisition
Peruvian cement producer Union Andina de Cementos SAA (UNACEM) confirmed that it has completed the purchase of Lafarge’s cement operations in Ecuador. "We are pleased with the c...
Ecuador monthly sales up 4.61%
Ecuador cement sales during October 2014 reached 602,748t, up 4.61 per cent compared to the previous month. Accumulated sales over the first 10 months of this year were 5.381Mt,...
Unacem plans to invest US$58m in 2015
Peru's Unacem intends to invest US$58m in its Atocongo and Condorcocho works next year. The projects focus on the development of the Carpapata III hydropower plant, the cement m...
LH Merger: LatAm, Asia, Africa
The Lafarge Holcim merger is being viewed as a good geographical fit in emerging markets given Lafarge’s strong presence in the Middle East and Africa, and Holcim’s significant ...
Lafarge
Lafarge has agreed the sale of Lafarge Cementos in Ecuador to Union Andina de Cemento of Peru for US$553m. The completion date for the sale of this 1.4Mta works has yet to be ag...
Lafarge sells Ecuador operations
Lafarge announced the sale of its cement operations in Ecuador for an enterprise value of US$553m to Union Andina de Cementos SAA (UNACEM). Lafarge Cementos SA operates an integ...
Ecuador monthly sales see marginal YoY gains
Ecuador cement sales during January-April 2014 period reached 2.047, just 0.8 per cent ahead on the 2.030Mt sold in the comparative period of last year, latest data from domesti...
Ecuador 1Q14 sales ahead
Ecuador cement sales during January-March 2014 period reached 1.522Mt, a 2.5 per cent increase compared to 1.485Mt sold in the first quarter of last year, latest data from domes...