Brazilian cement dispatches slip in May
Cement sales by Brazil’s cement producers slipped by 0.8 per cent to 5.487Mt in May 2022 when compared with 5.529Mt in May 2021, according to SNIC, the Brazilian cement associa...
South America
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Argentina’s cement market expands by a quarter in May
Cement consumption in Argentina increased by 24.5 per cent to 1,087,998t in May 2022 when compared with May 2021 when 874,188t was sold in the domestic market, according to the...
CBB sees profit fall by 89% in the 1Q22
In the first quarter of 2022, Chile-based Cementos Bío-Bío (CBB) has reported a 14.4 per cent advance in revenues to CLP77,062m (US$92.8m) from CLP67,373m in the 1Q21, accord...
Cemento Polpaico reports 67% drop in 1Q profit
Chilean cement producer Cemento Polpaico reported net sales of CLP89,359m (US$107.6m) in the first quarter of 2022, up 7.5 per cent when compared with CLP83,145m in the 1Q21....
Peruvian cement sales expected to show lower growth in 2022
While 2021 was a positive year for Peru’s cement industry as in increase in demand. "Before the pandemic, there was a notable growth in the construction category (cement, bui...
Gilinski launches offer for sizeable Grupo Argos stake
In Colombia business tycoon Jaime Gilinski has launched a public acquisition offer for a sizeable stake in Grupo Argos. Mr Gilinski is seeking a stake of 26-32.5 per cent of ...
Cementos Melon inaugurates new grinding unit
Chile-based Cementos Melón has officially inaugurated its new grinding unit about 8.5km north of Punta Arenas in the country’s southern Magallanes region. The new 0.25Mta p...
SOBOCE invests in the future
As Bolivia’s economy slowly recovers from the impacts of the COVID-19 pandemic, domestic cement producer Sociedad Boliviana de Cemento (SOBOCE) accelerates its digital transfor...
Peru sees 10% hike in consumption in April
Cement dispatches in Peru increased 10 per cent YoY to 1.086Mt in April 2022 from 0.984Mt in the equivalent period of 2021, according to cement association, Asocem. Domestic ...
Chile’s cement market contracts 5% in March
Chilean cement consumption decreased five per cent to 365,826t in March 2022 when compared with March 2021 when market volume reached 385,276t, according to the country’s const...