Cementos Argos announces 5% increase in 3Q revenue
Cementos Argos has posted consolidated revenues of COP2489bn (US$641.82m) in the third quarter of 2021, up 5.3 per cent YoY, favoured by the positive evolution of volumes and p...
South America
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Cementos Pacasmayo sees 25% increase in 3Q revenues
Peru-based Cementos Pacasmayo has reported a 24.5 per cent YoY increase in revenues to PEN507.2m (US$127m) in the 3Q21, on the back of higher sales volumes of cement, concrete ...
Loma Negra relights L'Amalí kilns
Argentine-based Loma Negra has turned its kilns at its L'Amalí in Olavarría back on after resolving the conflict with Minerar, the union that exploits the company’s limestone q...
Loma Negra pauses production at L'Amalí plant
Argentina’s Loma Negra has reportedly stopped production at its L'Amalí plant in Olavarría as a result of a union conflict between the Mining Workers Association of Argentina (...
Cementos Yura appoints new general manager
Peru-based Cementos Yura has selected Fernando Rojas as its new general manager, replacing Julio Caceres, who was appointed on an interim basis. Mr Rojas has more than 27 ye...
Peru's cement market expands 14% YoY in September
Cement dispatches in Peru advanced 14 per cent YoY and three per cent MoM to 1.238Mt in September, according to Asocem, the country’s cement association. Of this total, Asocem ...
Votorantim Cimentos completes Cementos Balboa acquisition
Brazil-based Votorantim Cimentos, through its Spanish subsidiary Corporación Noroeste, has announced the acquisition of Cementos Balboa. Cementos Balboa has a modern integra...
September sales in Brazil continue to decline
Cement sales in Brazil slipped 1.6 per cent in September 2021 to 5.698Mt when compared with 5.812Mt sold in September 2020, according to Brazilian cement association, SNIC. T...
UNACEM acquires Cementos La Union's operations in Chile
Spain-based Cementos La Unión has closed a deal to sell its operations in Chile to UNACEM, following approval from the National Economic Prosecutor of Chile (FNE) last March. ...
Belterra clay could replace limestone in cement production
In a study, funded partly by the Brazilian Ministry of Education, Martin Luther University Halle-Wittenberg (MLU), Germany, and Brazil’s University of Pará, have found that CO2...