Cementos Progreso opens new concrete plant in Costa Rica
Cementos Progreso has launched operations at its West Plant in El Coyol de Alajuela, Costa Rica, following a US$1m investment. The facility, which created 12 new jobs, will prod...
South America
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Peru’s cement producers see 2% drop in November deliveries
Cement dispatches in Peru declined by two per cent YoY to 1.045Mt in November 2024 from 1.063Mt in November 2023, according to the national cement association, ASOCEM. When comp...
Brazil sees 4% uptick in 11M sales
Cement sales in Brazil slipped 0.2 per cent YoY to 5.335Mt in November 2024 from 5.365Mt in November 2023, according to the country’s cement association, SNIC. However, sales pe...
Votorantim Cimentos signs proceedings agreement with CADE
Votorantim Cimentos SA signed an agreement with Brazil's Economic Defense Council, CADE, to terminate all administrative and judicial proceedings involving the company and CADE....
Colombia's cement market contracts 8% in November
Cement dispatches in Colombia declined by 7.9 per cent YoY to 1.016Mt in November 2024 from 1.103Mt in November 2023, reported the country's statistics office, DANE. Cement prod...
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 operati...
Paraguay's INC reports sales of 11m bags in 11M24
Paraguayan cement producer Industria Nacional del Cemento (INC) sold 11,057,000 bags of cement in the January-November 2024 period, according to the company. The high sales volu...
Cementos Pacasmayo appoints Ely Hayashi as new CFO
Peru-based Cementos Pacasmayo SA has appointed Ely Hayashi as the company’s new VP of Administration and Finance, replacing Manuel Ferreyros. According to the company, the succe...
Interbank extends US$60m credit line for Unacem Ecuador's energy efficiency project
Peru's Interbank extended a US$60m green credit line to Unacem Ecuador to finance the cement producer's energy efficiency optimisation project of one of its kilns. The sustainab...
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 associa...