Holcim Argentina warns of gas shortage stopping kilns over winter
Holcim Argentina’s CEO, Christian Dedeu, has warned that clinker production at its plants could come to a halt as he has no guarantee that there will be gas to fire the kilns t...
South America
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Chilean cement market contracts 9% in February
Cement dispatches in Chile declined by 9.3 per cent in February 2022 to 318,964t from 351,735t in February 2021, according to the Chilean cement and construction chamber, CChCC...
Colombian cement market expands 3% in February
Domestic dispatches in Colombia edged up by 2.6 per cent to 1.107Mt in February 2022 from 1.079Mt in February 2021, according to the country’s statistics office, DANE. Dispat...
Votorantim Cimentos' regional results in 2021 reach almost record levels
Votorantim Cimentos reported close to record growth in all regions for its performance in 2021 with total cement sales of 37.2Mt across all regions. “Our business strat...
Votorantim Cimentos reports net profits of BRL1.6bn in 2021
Votorantim Cimentos ended 2021 with net profit of BRL1.6bn (US$337m), an increase of 244 per cent compared to 2020, primarily due to better operating results with growth in s...
Peruvian cement market expands 5% in February
Cement dispatches in Peru reached 1.088Mt in February 2022, up five per cent when compared with February 2021, according to the Peruvian cement association, Asocem. The total i...
February sales in Brazil increase 1%
Cement sales in Brazil edged up 1.2 per cent YoY to 4.726Mt in February 2022 from 4.672Mt in February 2021, according to the country’s cement association, SNIC. Sales were supp...
Cemento Polpaico appoints new general manager
Cemento Polpaico has named Andrés Pérez Algarra as new General Manager, succeeding Javier Moreno Hueyo, who is leaving the post after five years of tenure. His appointment bec...
Argentina’s cement market expands 16% in February
Cement consumption in Argentina increased 15.6 per cent YoY to 938,327t in February 2022 when compared with 811,697t in the second month of the previous year, according to AFCP...
Loma Negra sees 37% drop in net profit in 4Q21
Argentina-based Loma Negra , owned by I ntercement do Brazil SA , reported a 37.4 per cent fall in net profit to ARS2795m (US$25.8m) in the fourth quarter of 2021. Revenues...