Loma Negra posts 35% revenue surge
Argentina’s Loma Negra has seen its net revenue surge 35.4 per cent YoY to ARS13,175m (US$143m) in the first quarter of 2021, against ARS9734m in the year-ago period, mainly on...
South America
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Bolivian cement market contracts 13% in February
Bolivia’s cement consumption slipped 13.3 per cent from 262,895t in February 2020 to 228,018t in February 2021, according to the country’s statistics office, INE. Output from...
Colombian cement consumption advances 61% in March
Cement sales in Colombia increased 60.7 per cent to 1.189Mt in March 2021 from 0.74Mt in March 2020, according to DANE, the country’s statistics office. Sales in the retail sec...
Argentina's cement market shows 135% YoY growth
Cement demand in Argentina surged 134.6 per cent YoY to 956,373t in April 2021, according to the country’s cement association, AFCP. However, this does compare to the low base ...
CSN reports stable quarterly cement performance
Brazil-based cement producer CSN said 1Q21 net revenue for its cement division reached BRL277m (US$50.9m). The company said this was a “stable performance compared to the previ...
Fitch revises Votorantim Cimentos' outlook to stable
Fitch Ratings has affirmed Votorantim Cimentos SA's (VCSA) Long-Term Foreign- and Local-Currency Issuer Default Ratings at 'BBB-' and revised the rating outlook to ‘stable’ fro...
Ecebol plant to produce 0.573Mt of cement in 2021
State-run Ecebol expects its plant in Oruro, Bolivia, to produce 0.573Mt of cement in 2021, according to Jose Luis Jimenez, the company’s manager. It is forecast to achieve sal...
Chile’s cement market expands 6% in February
Cement deliveries in Chile increased by six per cent to 351,735t in February 2021 when compared with February 2020 when 331,905t were dispatched, according to the Chilean const...
Fancesa inaugurates new Cal Orcko line
Bolivia’s Fábrica Nacional de Cemento SA (Fancesa) inaugurated its new production line at Cal Orcko, near Sucre. The US$215.45m investment will bring plant capacity to 2100tpd....
LafargeHolcim looks to divest Brazilian assets
LafargeHolcim is reportedly exploring the sale of its Brazilian unit, which consists of 12 plants, according to people close to the matter. The company has hired Banco Itau B...