Cement News tagged under: South America
Cementos Pacasmayo reports 3% EBITDA gain in 3Q2327 October 2023, Published under Cement NewsPeru-based Cementos Pacasmayo has reported a revenue of PEN516.7m in the third quarter of 2023, a 6.7 per cent decline when compared with the 3Q22. Dispatch volumes of cement, concrete and prefabricated products fell by 11.5 per cent YoY. “A contraction in demand was observed due to the stagnation of the execution of public investment, a contraction in the self-construction segment and a slowdown in private investment,” said a report from financial broker Kallpa SAB. Consolidated EBITDA... |
CEMEX utilises by-pass dust for agricultural use26 October 2023, Published under Cement NewsCEMEX and waste management company Silverwoods are utilising by-pass dust (BPD) from the CEMEX Rugby cement plant for agricultural purposes, supporting the circular economy. Since 2015 nearly 130,000t of BPD have been recovered through the partnership. BPD is ideal for use on farmland due to its high potassium and lime content, meaning it can provide a direct sustainable replacement for traditional fertilisers and lime. Additionally, by re-using BPD, CEMEX has been able to dramatically ... |
Unacem reports 12% fall in sales in 9M2325 October 2023, Published under Cement NewsPeru-based cement producer Unacem has reported an 11.6 per cent drop in cement production to 4.38Mt in the opening nine months of 2023. Clinker production over the same period declined 7.5 per cent to 4.3Mt. Cement sales over the 9M23 also contracted, down 11.7 per cent to 4.38Mt YoY, with a 13.8 per cent YoY contraction seen in the 3Q23. However, this did mark a 6.2 per cent increase compared to the previous quarter. Unacem’s revenue over the 9M23 came in at PEN2.04bn (US$526m), down s... |
Peruvian cement demand down 12% in September19 October 2023, Published under Cement NewsThe Peruvian cement market contracted by 12 per cent to 1.063Mt in September 2023 from 1.21Mt in September 2022, according to the national cement association, ASOCEM. Of this total, 0.995Mt were supplied by ASOCEM members. Cement production fell by 16 per cent to 0.996Mt in September 2023 when compared with 1.19Mt in September 2022. Clinker production slipped by two per cent YoY to 0.818Mt in September 2023 from 0.831Mt. Cement exports were down 19 per cent to 12,000t in September 2023 f... |
INC drops Paraguayan cement prices17 October 2023, Published under Cement NewsThe price of cement produced by Paraguay’s Industria Nacional del Cemento (INC) will be reduced by PYG2000/bag (US$0.27/bag) and by up to PYG40,000/t for bulk cement, according to the country’s president Santiago Peña. “The construction sector is key to generating jobs, that is why we achieved a reduction of PYG2000/bag of cement produced by the INC, in all types and up to PYG40,000 less in bulk,” said Mr Peña. Composite Portland cement (CPII-C40) will be sold at PYG55,000/bag, while the ... |
Protecting natural water resources in the cement sector16 October 2023, Published under Cement NewsAt the Santa Rosa cement plant in Colombia, CEMEX has adopted a sustainable approach to its production process. Instead of relying on water from the Teusacá River, the plant utilises rainwater and surface run-off, employing water treatment and recirculation systems. This approach has allowed the plant to reduce its freshwater consumption by 100 per cent, actively contributing to the preservation of our planet’s most valuable resource. By Angie Milena Espinosa Alfaro, CEMEX, Colombia. ... |
Colombian cement market contracts 7% in August16 October 2023, Published under Cement NewsCement consumption in Colombia declined 7.3 per cent to 1.103Mt in August 2023 from 1.19Mt in August 2022, according to the national statistics office, DANE. Contributing to this overall trend, bulk sales were down 9.6 per cent YoY while bagged cement sales decreased by 6.2 per cent YoY. The drop was led by the building companies and contractors segment, which reduced their off-take by 19.9 per cent YoY during the period, while concrete companies reported a 5.9 per cent drop in requireme... |
Chile’s cement dispatches drop 18% in August16 October 2023, Published under Cement NewsCement dispatches in Chile saw a 17.5 per cent drop in August 2023 to 247,238t from 299,855t in August 2022, according to the country’s construction chamber, CChC. In the January-August 2023 dispatches were down 8.7 per cent YoY to 2,326,421t from 2,549,139t in the 8M22. |
Brazilian cement market contracts 2% in 9M2313 October 2023, Published under Cement NewsCement sales in Brazil declined by 4.6 per cent YoY to 5.222Mt in September 2023 from 5.476Mt, according to the Brazilian cement association, SNIC. High basic interest rates of 12.75 per cent continue to impact the amount of real state financing for construction, which had a reduction of 44 per cent in the period up to August 2023 when compared with the previous year. In addition, the recovery of population income continues to slow and there remains a high level of household debt, which reac... |
Argentina’s cement market contracts 8% in September12 October 2023, Published under Cement NewsCement consumption in Argentina fell by 7.8 per cent YoY to 1,118,042t in September 2023, according to the country’s cement association, AFCP. Argentina’s total demand was met by local producers and no imports were recorded. Domestic cement producers manufactured 1,122,500t of cement, down 7.8 per cent YoY in September 2023. Of this total, they exported 4458t, representing a 10.5 per cent decrease when compared with September 2022, when 4982t were exported. January-September 2023 In the... |