June sales in Chile down 16%
Chile’s cement market contracted 16.4 per cent YoY as cement producers dispatched 297,514t of product in June 2022, according to the Chilean construction chamber, CChC. In June ...
South America
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UNACEM sees contracting 2Q profit margin
Peru-based UNACEM reported a consolidated net profit of PEN110.8m (US$26.7m), up 25.8 per cent YoY, as the company’s revenues increased and interest expenses fell. However, the ...
Brazil's cement sales decline by 7% in July
Cement sales in Brazil fell by 6.6 per cent YoY to 5.51Mt in July 2022 from 5.899Mt in July 2021, according to the Brazilian cement association, SNIC. However, when considering ...
Argentine cement consumption up 10% in July
Cement demand in Argentina increased by 9.9 per cent in July 2022, according to the AFCP, the country cement association. Dispatches were up 3.9 per cent MoM to 1,146,900t. The ...
CSN gets green light to acquire LafargeHolcim Brasil
Brazil’s antitrust regulator CADE has given its approval to steelmaker Companhia Siderurgica Nacional’s (CSN) acquisition of Holcim’s local cement business. The deal is believed...
Indian producers turn to Venezuela for petcoke supplies
The surge in global coal prices has prompted Indian cement producers to turn to petcoke instead with the country importing significant volumes from Venezuela for the first time....
Loma Negra posts 8% increase in 2Q revenues
Argentina-based Loma Negra , part of InterCement do Brasil SA , reported an eight per cent YoY increase in net sales revenues to ARS25,268m in the second quarter of 2022. The co...
Argos triples port capacity Premium
Cementos Argos recently inaugurated a second port terminal in Cartagena, Colombia. The project is part of the company’s wider port expansion project and represents the Latin Ame...
INC deliveries impacted by bag shortage
Paraguay’s state-owned cement producer INC is still not delivering cement from its Villeta plant due to a shortage of bags, reports ABC Color. The company has received bids for ...
Brazil: sustainable growth Premium
Following a challenging year in 2020 due to the COVID-19 pandemic, Brazil’s cement industry enjoyed better times in 2021. However, uncertainty on several levels has led to growt...