Bolivian market sees 7% MoM decline in April
Cement consumption in Bolivia surged to 286,667t in April 2021 from a very low base of 39,222t in April 2020 due to the impact of the COVID-19 pandemic, according to INE, the c...
South America
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CSN confirms acquisition of Elizabeth Cimentos
Brazil’s Companhia Siderúrgica Nacional (CSN), the largest steel company in Brazil and Latin America, has reached an agreement to acquire Elizabeth Cimentos for BRL1.08bn (US$2...
Cement dispatches in Colombia up 16% in May
Colombian cement sales increased 15.5 per cent YoY to 815,400t in May 2021 from 705,900t in May 2020, according to the country’s statistics office, DANE. When compared with May...
Fancesa changes sales policy
Bolivian cement producer Fancesa is changing its sales policy. The company will no longer sell exclusively through its authorised agencies, according to Correo del Sur. At p...
New Guyana cement plant breaks ground
Guyanese-owned energy company, Vas Energy Inc and its subsidiary, Georgetown Cement Co broke ground on a US$100m state-of-the-art cement plant at La Resource, Essequibo Coast, ...
Peru’s cement demand sees 228% hike in May
Peruvian cement producers dispatched 1.062Mt of cement in May 2021, representing a 228 per cent increase YoY from a low base due to the COVID-19 pandemic. When compared with Ma...
ECEBOL officially restarts operations
State-run Empresa Pública Productiva Cementos de Bolivia (ECEBOL) has officially restarted its operations in Caracollo, Oruro, with an investment of BOB58m (US$8.39m). "This...
Brazilian market expands 14% in May
Cement sales in Brazil advanced 13.6 per cent YoY to 5.465Mt in May 2021 from a low base of 4.809Mt in May 2020, reported the country’s cement association, SNIC. Real estate ...
CSN Cimento is closing in on Brazilian plant acquisition
Brazilian steelmaker CSN is in talks to acquire Cimento Elizabeth for roughly US$250m, the Valor Economico newspaper reports. CSN confirmed the negotiations, without disclosin...
Chile’s cement market expands 32% in April
Cement dispatches in Chile saw a 31.5 per cent hike to 352,817t in April 2021 when compared with 268,319t in April 2020, according to the Chilean Chamber of Construction, CChC....