Venezuela exports 15,000t from Pertigalete port
Venezuela has achieved a key step in the revival of its cement industry, exporting more than 15,000t of cement. The export operation was carried out by the Socialist Cement Cor...
South America
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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 fel...
Cement dispatches in Peru slip 2% in January
Peru’s cement deliveries fell by 2.4 per cent to 0.991Mt in January 2025 from 1.015Mt in January 2024, according to the country’s cement association, ASOCEM. Of this total, ass...
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 yea...
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, report...
Cemex considers selling Colombian operations
The cement industry in Colombia could be on the verge of a major shake-up with the possible exit of Cemex, as the company is reported to be exploring the sale of its operatio...
Colombia’s cement market contracts 6% in 2024
Colombian dispatches declined 8.4 per cent to 1.002Mt in December 2024 when compared with 1.094Mt delivered in December 2023, said the country’s statistics office, DANE. Of thi...
Ultracem sells stake in Honduran assets
Ultracem announced through Ultracem Centroamérica SA, it is selling part of its assets in Honduras. The deal was carried out through the indirect sale of Duracem Honduras sha...
Cimento Nacional signs PPA with Casa dos Ventos
Brazilian cement producer Cimento Nacional , part of Buzzi , has signed a power purchase agreement with renewables developer Casa dos Ventos, which will supply wind power fro...
Industria Nacional de Cemento sees 39% increase in sales in 2024
Paraguay’s Industria Nacional de Cement (INC) sold 12,105,570m bags of cement in 2024, up 39 per cent YoY when compared with sales in 2023. The level enabled the state-owned ...