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,...
South America
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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 from...
Chile’s market demand is stable in January
Cement consumption in Chile remained broadly stable in January 2022, edging up by 0.2 per cent to 347,211t when compared with January 2021, according to the Chilean chamber of c...
Colombian cement market contracts to 0.963Mt in January
Cement dispatches in Colombia decreased 2.5 per cent YoY to 963,900t in January 2022 when compared with 989,100t reported in January 2021,when dispatches slipped 0.6 per cent Yo...
Peru looks at 25kg cement bags
Peru’s Ministry of Labour and Employment Promotion has started a series of technical meetings with construction unions and companies to lower the weight of cement bags in the co...
Argos reports consolidated EBITDA of COP2.16bn in 2021
Argos, Grupo Argos' cement company , reported a consolidated EBITDA of COP2.16bn (US$55m) at the end of 2021, representing an increase of 34 per cent compared to 2020 and the hi...
Peru’s cement market expands in January 2022
Cement dispatches to the Peruvian cement market by Asocem members reached 1.012Mt, up two per cent YoY and by 22 per cent when compared with January 2020, according to Peru’s ce...
Brazilian cement market contracts 9% in January
Total cement sales in Brazil (including exports) declined by 8.6 per cent YoY to 4.6Mt in January 2022, according the country’s cement association, SNIC. When compared with Dece...
Cementos Pacasmayo sees 40% rise in sales volumes in 2021
Sales volumes of cement, concrete and prefabricated products of Peru-based Cementos Pacasmayo fell 6.2 per cent in the 4Q21 when compared with the 4Q20. Income was up 10.4 per c...
Argos opens new Cartagena terminal
Colombia-based Argos has inaugurated its new port terminal in the free zone of Cartagena, Colombia. the new terminal will triple its export capacity to 3.5Mta. The terminal can ...