South America

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Brazilian cement demand slips in July

Brazilian cement demand slips in July

Cement sales in Brazil decreased by 0.5 per cent YoY to 5.476Mt in July 2023 from 5.503Mt in the year-ago period, according to the national cement association, SNIC. While th...

Colombian cement dispatches decline 8% in June

Colombian cement dispatches decline 8% in June

Colombia cement dispatches were down 7.5 per cent to 1.033Mt in June 2023 when compared with 1.117Mt in June 2022, according to the country’s statistics agency, DANE. Output ...

Argos receives US$272m sustainability-linked loan

Argos receives US$272m sustainability-linked loan

Colombia’s Banco de Bogotá has disbursed a US$272m sustainability-linked loan to Cementos Argos . The agreement allows a gradual reduction in interest rate subject to the ceme...

Cementos Pacasmayo sees 9% drop in 2Q net profit

Cementos Pacasmayo sees 9% drop in 2Q net profit

Peru-based Cementos Pacasmayo reported a 12.1 per cent YoY drop in revenues to PEN442m (US$123.4m) in the second quarter of 2023, due to a drop in demand, which was affected ...

CEMEX celebrates 25 years of Patrimonio Hoy

CEMEX celebrates 25 years of Patrimonio Hoy

Patrimonio Hoy, the flagship of CEMEX ’s social impact strategy, celebrated 25 years of transforming people's lives on 19 July, 2023. Launched in Mexico in 1998, the programme...

Brazilian cement demand up 1% in June

Brazilian cement demand up 1% in June

Brazil’s cement market expanded by 1.4 per cent YoY to 5.253Mt in June 2023 from 5.182Mt in June 2022, according to the country’s cement association, SNIC. “Brazil's economy i...

Colombian cement consumption up 2% in May

Colombian cement consumption up 2% in May

Colombia’s cement market expanded by 2.1 per cent YoY to 1.126Mt in May 2023 from 1.104Mt in May 2022, according to DANE, the country’s statistics office. Sales to ready-mix ...

Chile’s cement demand contracts 4% in May 2023

Chile’s cement demand contracts 4% in May 2023

Chilean cement dispatches declined 3.5 per cent YoY to 318,599t in May 2023 from 330,114t in May 2022, according to the national construction chamber, CChC. However, when compa...

Argentina's cement market expands 1% in 1H23

Argentina's cement market expands 1% in 1H23

Cement dispatches in Argentina declined by 2.1 per cent YoY to 1,080,422t in June 2023 from 1,104,066t in June 2022, according to the country’s cement association, AFCP. When c...