Cemex invests in KC8 Capture Technologies
Cemex has announced its latest investment in the carbon capture start-up KC8 Capture Technologies (KC8) through its venture capital and open innovation unit, Cemex Ventures. ...
South America
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Colombia’s cement shipments fall 11% in May
Cement dispatches in Colombia declined 10.9 per cent to 1.003Mt in May 2024 from 1.126Mt in May 2023, according to statistics agency DANE. Production was down 11.6 per cent YoY...
Argentine cement market contracts 33% in June
Cement demand in Argentina fell 32.8 per cent YoY and seven per cent MoM to 725,661t in June 2024, according to the country’s cement association, AFCP. This includes 81t of imp...
Unacem to invest US$300m to reduce its carbon footprint by 2030
Peru-based Unacem Group has published its Corporate Roadmap to 2030, setting a carbon emissions target of 1500kg of CO 2 /t of cement by 2030 in all its operations, representin...
Peruvian cement market contracts 2% in May
Domestic cement dispatches in Peru slipped two per cent YoY in May 2024 to 0.958Mt from 0.977Mt in May 2023, according to the country's cement association, ASOCEM. OF this tot...
Votorantim Cimentos Spain appoints new sustainability director
Votorantim Cimentos España has appointed Carmen Boulet as its new director for sustainability, strategy and new business, reporting directly to CEO, Alan Svaiter. An indust...
Heavy rains and floods impact Brazil's cement demand in May
Adverse weather conditions and flooding in Rio Grande do Sul have impacted Brazil's cement dispatches in May 2024, reports the country's cement association, SNIC. Domestic sale...
Argentina's cement demand down 27% in May
Argentina's cement market contracted by 27.2 per cent YoY to 780,541t in May 2024 from 1,071,951t, but compared with April 2024, dispatches were up 19 per cent, reports the cou...
Holcim Colombia appoints new executive president
Martín Costanian has been appointed as the new executive president of Holcim Colombia SA . Mr Costanian will succeed Marco Maccarelli, who will take up new challenges within H...
Cementos Pacasmayo reports 14% advance in 1Q net profit
Peru-based Cementos Pacasmayo SA reported a 7.2 per cent decline in cement, concrete and prefabricated product sales in the first quarter of 2024 to 685,700t from 738,600t in...