Colombia’s cement producers raise output by 16% in March 2014
Colombia’s cement production rose in March 2014 by 16 per cent, particularly in Cundinamarca (+35 per cent), Antioquia (+33.3 per cent), Bogotá (+22 per cent) and Valle del Cauc...
Latin America
249 posts · Page 21 of 25
Holcim's results boosted by mild winter in Europe
Holcim's first quarter turnover declined by 5.4 per cent to CHF4,088m (€3,342m), but on a like-for-like basis, there was a 7.8 per cent increase while measured in euros the turn...
Cemento Melón cuts investments to US$15m due to 10% sales decline
Chile’s Cemento Melón has seen sales drop by 10 per cent in the first quarter of 2014. "Earlier this year we estimated that we would at least maintain 2013 sales, but in the fir...
Brazil’s first quarter sales rise 6.4% YoY
Brazil’s first quarter sales rose 6.4 per cent YoY to 17.1Mt, preliminary data from SNIC shows. Sales in March reached 5.6Mt, representing YoY growth of 1.9 per cent compared to...
Cemex delivers 640 new homes as part of Colombian affordable housing initiative
Cemex announced Tuesday that it has completed 640 apartments in Colombia as part of a 3000-unit urbanisation project being undertaken by the company in collaboration with the co...
Peru: market expands 1.35% in 1Q14
In March, the Peruvian cement market remained broadly stable from 815,317t in February to 814,495t, according to domestic cement association, Asocem.
Argentina: cement demand falls 1.8% YoY
In March 2014, Argentina’s cement companies shipped 910,954t, including exports, reflecting a 13.5 per cent MoM rise, but a YoY drop of three per cent. The domestic market was e...
Lafarge Brasil inaugurates Rio de Janeiro plant
Lafarge has inaugurated a new cement plant in Santa Cruz, in the western zone of Rio de Janeiro, Brazil. In its first year of operation the plant will produce some 500,000t of c...
Peruvian domestic dispatches stable
Cement dispatches in Peru edged up 0.14 per cent in Jan-Feb 2014 to 1,639,454t when compared with the equivalent period of the previous year, according to Peru’s cement associat...
Fitch Affirms Holcim rating, outlook stable
Fitch Ratings has affirmed the Long-term Issuer Default Ratings (IDR) of Swiss cement major of Holcim as at BBB. The outlook is stable. The ratings agency said the affirmation r...