Holcim strengthens Peru presence
Holcim has acquired Peru-based Comacsa and Mixercon for a total value of US$100m. Comacsa is the country’s leading producer of industrial minerals and white cement. Founded...
South America
734 posts · Page 25 of 74
Argentina's cement market contracts 15% in July
Cement demand in Argentina fell 14.5 per cent YoY to 913,319t in July 2024 from 1,067,680t, according to the national cement association, AFCP. However, when compared with June...
Positive operational results boost Loma Negra 2Q24 net profit
Loma Negra , the leading cement producer in Argentina, has announced its results for the three-month period ending 30 June 2024. Net sales revenue for the period was ARS13...
Colombia’s cement market contracts 9% in June 2024
Grey cement dispatches in Colombia fell 8.7 per cent YoY to 943,500t in June 2024 from 1.033Mt in June 2023, according to the country’s statistics agency, DANE. Bulk deliveries...
Unacem US shipments surge in 2Q24
Peru-based Unacem saw its shipments jump by 96.4 per cent YoY to 324,000t in the 2Q24 following its acquisition of the Tehachapi cement plant in California, USA. "This signif...
Cementos Pacasmayo reports stable net profit in 1H24
Peru-based Cementos Pacasmayo SAA reported a 3.4 per cent uptick in income to PEN457.1m in the second quarter of 2024 from PEN442m in the 2Q23, supported by the sales mix as co...
Peru’s cement market contracts 6% in June
Cement dispatches in Peru declined by 5.9 per cent YoY to 0.924Mt in June 2024 from 0.928Mt in June 2023, according to ASOCEM, the Peruvian cement association. Of this total, d...
UCEM acquires Ecuador’s Ecoluz SA
Gloria Group , through its subsidiary Unión Cementera Nacional SA (UCEM), has closed the purchase and sale contract for 99.998 per cent of Ecuador-based hydropower company Eco...
Votorantim Cimentos’ solid and sustainable growth
Votorantim Cimentos CEO, Osvaldo Ayres, highlights the company’s achievements and sets his sights on the future as the cement producer pursues a strategy of robust and sustaina...
Brazilian cement market expands 2% in June
Cement sales in Brazil increased by 2.4 per cent to 5.372Mt in June 2024 from 5.248Mt in June 2023, according to the country's cement association, SNIC. Per working day, cement...