Chilean cement deliveries up 56% in July
Cement dispatches in Chile advanced 55.5 per cent YoY to 361,956t in July 2021 from a low base of 233,186t in July 2020, according to the Camara Chilena de Construcción (CChC)....
South America
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CBB sees 67% rise in profit
Chilean cement producer CBB (formerly known as Cementos Bío-Bío) reported a 13.9 per cent advance in revenues to CLP134.538bn in the first six months of 2021 from CLP118.124bn ...
Argentina sees 18% demand increase in August
In August 2021 the Argentine market expanded by 18.2 per cent YoY to 1,083,914t from 917,233t in August 2020 while MoM there was a 3.9 per cent improvement in offtake, accordin...
Colombia sees 4% increase in cement dispatches
The Colombian cement market expanded by 3.6 per cent to 1.132Mt in July 2021 when compared with dispatches of 1.093Mt in July 2020 and by 7.5 per cent when compared with 1.113M...
Bolivia’s cement market sees 26% expansion in June
Cement consumption in Bolivia increased 25.6 per cent YoY to 289,440t in June 2021 from 230,378t in June 2020, according to data from the country’s statistics office, INE. Howe...
Cemento Polpaico sees revenues double in 1H21
Chile-based Cemento Polpaico reported a surge in consolidated revenues from CLP76,528m in the 1H20 to CLP152,376m in the 1H21. Profit before tax reached CLP9361m, reversing a l...
Colombia's tax change may impact Argos valuation
Colombia's Congressional Economic Committees have voted in support of the tax change proposed by Iván Duque's government, a step that could impact the valuation of domestic cem...
Fives Pillard complete kiln burner renovation
Fives Pillard has transformed an old burner (from another brand), into a multifuel-fired Pillard N OVAFLAM ® burner, allowing it to fire both gas and petcoke at a South Amer...
Peru sees demand up 26% in July 2021
Peru’s cement market grew 26 per cent YoY to 1.135Mt in July 2021, compared with 0.904Mt in the year-ago period, according to the country’s cement association, Asocem. Cement...
Loma Negra records 47% advance in net revenue
Argentina's Loma Negra has reported a 46.6 per cent YoY increase in net revenue to ARS14.269bn (US$147m) in the quarter ending 30 June 2021, mostly driven by its cement segment...