Cement News tagged under: Argentina

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Argentine cement demand sees 12% rise

08 May 2017, Published under Cement News

Argentina saw a 18.1 per cent MoM drop to 845,690t in dispatches (including exports) in April but noted a 10.7 per cent rise YoY, according to the country’s Portland Cement Manufacturers’ Association. Domestic deliveries fell by 184,000t or 17.8 per cent to 844,324t when compared with March, despite a rebound in the first few months of the year, supported by private and public works. However, when compared with April 2016, the domestic market expanded by 11.6 per cent. Exports were dow...

Holcim (Argentina) approves clinker imports

20 April 2017, Published under Cement News

Holcim (Argentina) has approved the import of up to six vessels of clinker for the period up to April 2018 via LH Trading, according to a company statement. The shipments represents some 250,800t of clinker with an approximate value of US$16.3m. The imports, which are expected to start in May, will help the company to meet growing demand as the country sees increased construction activity. LafargeHolcim’s Argentinian subsidiary has a production capacity of 4.8Mta.

Argentina's cement producers set new March dispatch record

05 April 2017, Published under Cement News

Argentina’s cement companies dispatched 1,032,119t of cement in March 2017, surpassing the previous record of March shipments, set in 2015 when 979,452t were delivered to customers. The latest delivery volume is 15.5 per cent higher YoY and 28.7 per cent above the February 2017 level, according to AFCP, the country’s cement association. For the first quarter of the year, dispatches are up 6.2 per cent when compared with January-March 2016. The rise is attributed mainly to a signif...

Fancesa: no exports to Paraguay and Argentina

24 March 2017, Published under Cement News

Bolivia’s Fancesa no longer views Paraguay and Argentina as viable export markets for its products. While the neighbouring countries would have provided an alternative sales route for Bolivia’s oversupply of cement a few years ago, domestic product of these countries is now cheaper and more readily available, said Eduardo Kunstek of Fancesa. For instance, the recent price decrease in Paraguay sees a 50kg bag of cement sell for PYG39,800 or BOB47 with a further fall to PYG36,000 or BOB46 ...

Argentina cement market contracts 0.8 per cent in 2M17

07 March 2017, Published under Cement News

Argentina's cement producers dispatched 801,782t of cement in February, a 0.8 per cent drop MoM and 8.7 per cent YoY, according to the Argentine cement producers' association, AFCP. Domestic sales decreased 0.8 per cent YoY to 801,782t in February 2017 from 808,310t in February 2016. Exports increased 9.3 per cent YoY to 6652t from 6084t. Supply from local cement plant was supplemented by 4210t of imports, which saw a considerable hike when compared with 30t imported in February 2016....

The world in 2016 and outlook for 2017

10 February 2017, Published under Cement News

This year will be a challenging year for the multinational cement companies, which are now faced by uneven economic performance in the emerging markets, combined with a new era of global political uncertainty that could further destabilise markets. On balance, however, global growth looks set to be anchored by positive trends in the major markets of China, India and the US, more than offsetting the poor performance elsewhere. The large cement majors have spent years diversifying their por...

Argentina sees cement dispatches up 1.2% YoY in January 2017

09 February 2017, Published under Cement News

Argentina’s cement market expanded by 1.2 per cent YoY in January 2017 as cement sales reached 868,590t from 858,496t the year before, according to the country's cement association, AFCP. Export sales more than doubled, rising from 4306t in January 2015 to 9632t in the first month of 2017. The country’s cement plants produced some 878,222t of cement, noting a 1.8 per cent rise YoY. Domestic output was complemented by 5184t of imports while in 2016 no imports into the Latin American co...

Argentina sees cement demand fall 11% in 2016

05 January 2017, Published under Cement News

Argentina’s cement consumption edged up 0.7 per cent YoY to 940,081t in December 2016, but fell 7.2 per cent MoM, according to provisional figures released by the country’s cement association, AFCP. The country’s producers supplied 946,480t of cement in December 2016, some seven per cent less than in November, but 0.9 per cent extra to the volume supplied in December 2015. While most of this output was delivered to the domestic market, there was a significant YoY increase in shipments...

Fitch: Latin America 2017 outlook stable

13 December 2016, Published under Cement News

According to a new Fitch Ratings report, the 2017 Latin American cement outlook for both ratings and the sector is stable. Associate Director at Fitch Ratings, Gilberto Gonzalez: “Issuers have built significant operations in the US, which should benefit from increased public and private spending… Housing starts should increase seven per cent to 1.26m, which should provide an additional boost.” For Argentina cement consumption is forecast grow in the mid-single digits, recovering some o...

Camargo Correa in talks to sell stake in Argentinian cement assets

09 December 2016, Published under Cement News

Reuters reports that an anonymous source has disclosed that Brazilian engineering firm Camargo Correa has opened talks with a view to selling a 40 per cent stake in its Argentinian cement firm, Loma Negra Cia Industrial. Camargo Correa has raised US$2.5bn this year from asset sales, and has been examining the feasibility of selling all or part of its stake in Loma Negra and Brazil’s InterCement for the past two years. Sources close to the company said that Camargo Correa had previously...