Brazil's cement sales expand in August
Cement sales in Brazil edged up 1.1 per cent YoY to 5.864Mt in August 2021, according to SNIC, the country’s cement association. However, when considering the number of days wor...
South America
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Holcim divests Brazilian business
Holcim has signed an agreement with Companhia Siderúrgica Nacional (CSN) for the divestment of its business in Brazil for an enterprise value of US$1.025bn. The deal includes Ho...
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). ...
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 i...
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, according...
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 1.113Mt...
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. Howev...
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 lo...
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 ceme...
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 American...