South America

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UNACEM reports improved 4Q but decline in 2020

UNACEM reports improved 4Q but decline in 2020

Peruvian cement producer Unión Andina de Cementos (UNACEM) saw its revenues advance by 16.2 per cent YoY in the 4Q20, driven by a 14.5 per cent increase in dispatches in Peru wi...

Colombian cement market stable in January

Colombian cement market stable in January

Cement consumption in Colombia slipped 0.3 per cent from 994,700t in January 2020 to 992,200t in January 2021, according to the country’s statistics office, DANE. Output from th...

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 company’...

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 yea...

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 or...

 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 Ciudad...

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 t...