South America

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Cementos Argos' 4Q20 regional results

Cementos Argos' 4Q20 regional results

Following yesterday’s financial results , Colombia’s Cementos Argos has also reported its regional breakdown for the final quarter and full year of 2020. USA region The com...

Cementos Argos reports 16% rise in EBITDA

Cementos Argos reports 16% rise in EBITDA

Colombia's Cementos Argos has reported an adjusted EBITDA of COP448bn (US$125.66m) in the final quarter of 2020, an increase of 16.3 per cent YoY compared to COP385bn in the ye...

Uruguayan market expands by 8% in 2020

Uruguayan market expands by 8% in 2020

Cement sales in Uruguay increased 34.6 per cent YoY to 251,000t in the fourth quarter of 2020, according to the country’s chamber of industry, CIU. Of this total, 89 per cent o...

 Fancesa secures US$72m contract

Fancesa secures US$72m contract

Bolivia-based cement company Fabrica Nacional de Cemento (Fancesa) has been awarded the US$72m contract to supply over 582,000t of cement needed to build Nueva Santa Cruz Ciuda...

Peruvian demand up 18% YoY in January

Peruvian demand up 18% YoY in January

Cement dispatches in Peru increased 18 per cent YoY to 1.059Mt in January 2021 from 0.895Mt in January 2020, reports Peruvian cement association, Asocem. Its members increased ...

Cemex reports 10% rise in 4Q20 cement volumes

Cemex reports 10% rise in 4Q20 cement volumes

Cemex  S AB de CV reports that in the 4Q20 EBITDA grew by double-digit growth YoY. Consolidated net sales increased by nine per cent to US$3.537bn, an increase of one per cent ...

Bolivian cement demand advances 21% in November

Bolivian cement demand advances 21% in November

The Bolivian cement market expanded by 20.9 per cent to 342,743t in November 2020 from 283,404t in November 2019, according to the country’s statistics institute, INE. However,...