Cement News tagged under: Argentina
LafargeHolcim03 January 2018, Published under Cement NewsThe 39.9 per cent-owned LafargeHolcim associate Huaxin Cement is investing in a US$140Mta cement works that it is building in Nepal. Lafarge Malaysia’s turnover came down by some 13 per cent to US$409.5m in the first nine months of 2017, while a net loss of US$33.1m was incurred, compared with a US$10.5m profit for the same period last year. The company lost money in each of the quarters of this year and a return to profit is not expected until the middle of next year. LafargeHolcim A... |
Holcim Argentina to invest US$120m in Malagueño18 December 2017, Published under Cement NewsHolcim Argentina has announced a US$120m investment to raise cement capacity at its Malagueño plant by 45 per cent. The expansion project includes the reconstruction of a complete clinker line and a new cement mill as well as the refurbishment of the dispatch lines. The implementation of the expansion is expected to start in early 2018. Some 0.73Mta of capacity will be operational by 2020. "It is a significant increase and will help alleviate some of the problems of backwardness ... |
Loma Negra to invest US$350m in new L'Amali line14 December 2017, Published under Cement NewsInterCement-owned Loma Negra will invest US$350m in a brownfield expansion of its L'Amali plant in Olavarría, Buenos Aires province, Argentina, the company announced in a meeting with the President of Argentina, Mauricio Macri. The investment will boost the company's domestic capacity by 40 per cent. The new production line, which will add 2.7Mta of annual capacity, will consist of a new state-of-the-art kiln, two vertical roller mills to grind raw materials and cement as well as a compl... |
Argentina's cement consumption up 17% YoY in November08 December 2017, Published under Cement NewsThe Argentine cement market expanded 16.5 per cent in November 2017 with consumption increasing to 1,179,763t from 1,013,083t, according to the latest data from the country’s cement producers' association, AFCP. When compared with October 2017, domestic demand edged up 2.5 per cent from 1,150,794t. Cement production increased 15.4 per cent YoY to 1,174,989t in November from 1,017,760t in November 2016. Of this output, some 1,163,215t were delivered to the domestic market, a 15.5 per cent ... |
Fancesa plans to export to Paraguay and Argentina15 November 2017, Published under Cement NewsFollowing expansion of its Santa Cruz plant, Bolivian cement producer Fábrica Nacional de Cemento SA (Fancesa) has signalled the intent to export cement to Paraguay and Argentina, contradicting earlier plans by the company. "We can not just think about the markets of Santa Cruz or the country, we must expand and reach Paraguay, the north of Argentina, it will be beneficial for the company," Rivero said. The company expects to be able to send its first shipment to Paraguay in the comin... |
Cementos Itacamba to export additional 4000t to Argentina14 November 2017, Published under Cement NewsBolivia’s Cementos Itacamba is preparing a second cement and clinker shipment for export at the end of this month following the success of the first export delivery to Argentina and Paraguay. The second shipment will carry 4000t of cement, an identical amount when compared with the first one, and is set for Argentina via the Paraguay-Paraná waterway. In terms of clinker, the company expects to export 160,000t this year following the opening of the Yacuses plant, which enabled the comp... |
Argentina’s cement market expands 23% in October 201706 November 2017, Published under Cement NewsIn October Argentina cement producers delivered 1,150,386t of cement, including exports, according to the Argentine cement producers association, AFCP. This represents a two per cent rise MoM and 23.2 per cent YoY. Of this total, domestic deliveries stood at 1,141,190t, up 23.3 per cent YoY, while exports increased 14.5 per cent YoY to 9196t. When compared with September 2016, domestic dispatches were up 1.8 per cent from 1,121,423t and exports 41.1 per cent from 6517t. Domestic demand ed... |
Argentina's demand sees 11% rise in 9M1719 October 2017, Published under Cement NewsArgentina’s cement producers delivered 1,121,311t of cement in September 2017, up 12.6 per cent YoY and 0.8 per cent MoM, according to the country’s cement association, AFCP. Domestic supply was complemented by 10,122t of imports, more than doubling the 4900t imported in September 2016 and seeing a 10.1 per cent MoM increase. This resulted in a total market demand of 1,131,433t, up 13 per cent YoY and 0.8 per cent MoM from 1,001,130t and 1,22,059t, respectively. In addition, domestic ... |
Loma Negra sets out the terms of its IPO13 October 2017, Published under Cement NewsArgentina's Loma Negra the announced terms for its IPO on Thursday. The company is planning a global offering and intends to list ADSs on the NYSE and ordinary shares on the Bolsas y Mercados Argentinos (BYMA) under the symbol LOMA. The Buenos Aires-based company plans to raise US$751m by offering 44.2m ADSs (100 per cent insider) at a range of US$15-19 plus an additional US$102m by offering up to 30m new ordinary shares at a range of US$3.00-3.80 for a combined US$853m in total proceeds.... |
Cementos Avellaneda will raise capacity at its La Calera plant by 201903 October 2017, Published under Cement NewsCementos Avellaneda will increase its production capacity at its La Calera (San Luis) cement plant by 0.7Mta from 0.3Mta to 1Mta with an investment of US$200m by 2019. In addition, the company is currently invest some US$30m at its Olavarría (Buenos Aires) plant where it has been increasing the cement production capacity by 0.3Mta with start-up expected before the end of 2017. Cementos Avellaneda also plans to make other investments aimed at improving productive infrastructure, its logisti... |